Archive for August 2007

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More than 54,000 donors committed $106 million to Iowa State University during the recently completed fiscal year, a 15 percent increase over the $92 million raised a year ago.

The Iowa State University Foundation also …

Sales of new homes perked up, while factory orders took off in July, raising hopes that the economy can safely weather the financial turmoil that has shaken Wall Street, the Associated Press reported.

The U.S. …

More than 40,000 employees of mortgage lending institutions have been laid off since the start of the year, according to recent announcements and data compiled by Challenger, Gray & Christmas Inc., the Associated Press reported. …

Hormel Foods Corp. has purchased Nevada, Iowa-based Burke Corp. for approximately $110 million and Ontario, Canada-based Salford Farm Machinery Ltd. has acquired Osceola-based Mac-Lander Inc.

Acquiring Burke, a manufacturer of pizza toppings and other fully …

Hubbell Realty Co. announced today the acquisition of 10 apartment complexes from Clarke Co. Limited and its affiliates, a local real estate company with holdings in Central Iowa and Sioux Falls, S.D. CB Richard Ellis/Hubbell …

Stocks opened sharply higher this morning as credit markets calmed down a bit and speculation grew on Wall Street that a federal funds rate cut was coming, CNNMoney.com reported.

The Dow Jones industrial average jumped …