Archive for April 2008

There’s a new player in town.

On April 1, Tom DeWaay, Jeff Panzi and his son Colin Panzi have left CB Richard Ellis/Hubbell Commercial to open the first Iowa branch of Marcus & Millichap Real …

Legislation that provides a new way to spur redevelopment with obsolete or contaminated properties could be passed by the Iowa Senate by the end of the week and head to the governor’s desk.

New tax …

E.I. du Pont de Nemours & Co.’s earnings for the first quarter rose 19 percent (excluding a one-time significant charge in 2007) on strong sales in its agriculture and nutrition segment, which includes Johnston-based Pioneer …

Meredith Corp. reported today that its net earnings for the three months ended March 31 rose 1.7 percent to $46 million, compared with $45 million a year ago. Core earnings per share, which excludes discontinued …

Iowa’s jobless rate stayed steady at 3.5 percent in March, compared with February, and is down from 3.7 percent in March 2007. Total employment rose to a new high of 1,615,300 from 1,610,900 in February, …

Biotech financing hurt in downturn

Biotech has never been a boom industry, but even the slow financial pace has come to a near standstill this year, particularly for the Washington, D.C., region’s smaller biotech companies, …

Commercial airports in or near Iowa contribute a total annual output of more than $1.3 billion to the state’s economy, according to a report released by the Iowa Department of Transportation’s Office of Aviation today, …

Gannett Co. Inc. reported a decrease in quarterly profits today because of falling print advertising sales, including a 16 percent drop in classified ad revenues, Reuters reported. The company said first-quarter net income fell 8.9 …

Networking

Chrysalis After Hours

Tuesday, April 22

The Chrysalis Foundation will host “Your Image and Your Future,” featuring Rebecca Esposito, an international trainer and consultant with Esposito Communications in Austin, Texas. The event is from …

Date Record

Borrower

Lender

Amount

4/7/08

6th Avenue Properties LC

Central Bank

$240,000.00

4/7/08

Covenant Mortgage Inc.

Clarke County State Bank

$65,000.00

4/7/08

Evans Group Inc.

Freedom Financial Bank

$555,000.00

4/7/08

Windsor Homes Inc.

Community …