Kiplinger’s offers free financial checkups

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Wall Street surges after Fed’s move

Stocks soared this morning, propelling the Dow Jones industrial average up more than 300 points in the first few minutes of trading, after the Federal Reserve Board, acknowledging that the stock market’s plunge posed a …

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Ames apartment complex sold for $41.5 million

Haverkamp Properties has sold University West Apartment complex in Ames to Corridor Ventures for $41.5 million. The property includes 484 apartment units in six buildings.

This is the third major shake up in the Ames …

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Stocks plummet around the world

Asian and European stocks fell yesterday over concerns about the U.S. housing market and potentially weak global financial markets, The Associated Press reported.

In Asia, the Nikkei 225 index closed with a 2 percent decline …

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Franchise owners file lawsuit against Quiznos

Owners of Quiznos franchises filed a class-action lawsuit against the Denver-based sandwich shop chain on behalf of an estimated 5,000 owners nationwide, the Dayton Business Journal reported.

The Toasted Subs Franchisees Association Inc., which filed …

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Deere profits rise 23 percent

Deere & Co. announced this morning that its net earnings in its third fiscal quarter, which ended July 31, rose 23 percent, driven by strong overseas sales of tractors and other equipment, Reuters reported.

The …

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Mortgage applications up again

U.S. mortgage applications rose for the second straight week, driven by growing demand for refinancing and home purchase loans, Reuters reported.

The Mortgage Bankers Association’s seasonally adjusted mortgage application index rose 3.4 percent in the …

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U.S. trade deficit fell in June

The U.S. trade deficit surprised analysts with a 1.7 percent drop in June from May as record exports of farm products and automobiles offset a rise in crude oil prices, reported the Associated Press. Analysts …

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