Foreclosures continue to rise

Foreclosure filings more than doubled in the first quarter compared with a year earlier, as property values fell and tighter lending standards left many homeowners unable to prevent their homes from being auctioned, the Associated …

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Countrywide faces further losses

Countrywide Financial Corp. lost $893 million, or $1.63 per share, in first quarter 2008, mainly as a result of taking $1.5 billion in loan-loss provisions, the Associated Press reported. The company earned $434 million, or …

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Business Tickers: April 29

Sauer-Danfoss Inc., with operations in Ames, posted a first quarter profit of $27.9 million, or 57 cents per share, up 81 percent from $15.4 million, or 32 cents per share, in the first quarter of …

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Mars to buy Wrigley for $23 billion

Mars Inc. has agreed to purchase Wm. Wrigley Jr. Co. for $23 billion, with financing from Warren Buffett’s Berkshire Hathaway Inc., to combine the world’s biggest maker of chewing gum with the producer of M&Ms …

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Business Tickers: April 28

According to a new study released last week by the Ewing Marion Kauffman Foundation, entrepreneurial activity increased in 2007, especially among men and immigrants, the Business Courier of Cincinnati reported Friday. The Kauffman Index of …

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Relocations and Openings

– BCCAdvisers is moving April 25 to 1707 High St., Des Moines. BCCAdvisers will be expanding into a larger office.

– The Stadium, an athletic apparel store featuring collegiate and professional wear, will move into …

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It’s E-zee

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“Free’ is a magic word

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