Archive for August 2008
Tickers: August 27
Boeing Co. today announced it won a contract valued at $4.3 billion for 191 CH-47F Chinook helicopters, as well as options for 24 additional twin-rotor Chinooks in the future. The deal includes a five-year procurement …
Read MoreDurable goods beat expectations
Orders for durable goods exceeded the expectations of economists, the Associated Press reported. For the second consecutive month, makers of big-ticket manufactured goods have experienced an increase in orders due to heightened demand.
The Commerce …
Meals by the masses
Hy-Vee Hall will be flooded by thousands of volunteers in an effort to package millions of meals for the world’s hungry next week, as well as to manage a food drive for the Food Bank …
Read MoreABI class-action settlement plan proposed
Former participants of an Iowa Association of Business and Industry (ABI) group life insurance plan have begun receiving mailed notices of a proposed settlement outlining how $32 million in stock and investment income would be …
Read MoreBanks hesitate to merge
Despite trouble in the financial industry and banks’ plummeting stock prices, well-positioned companies are not making a move to acquire troubled banks, CNN Money reported.
In recent weeks, rumors suggested that Wells Fargo & Co., …
Tickers: Aug. 26
Wells Fargo & Co. announced yesterday that Mark Oman, senior executive vice president and head of its Home and Consumer Finance Group, will retire by the end of next year. A 30-year veteran of the …
Read MoreTickers: August 25
Iowa State University’s College of Business was ranked 74th among programs accredited by the Association to Advance Collegiate Schools of Business, up from 85th the previous year. Among public universities, ISU’s College of Business ranked …
Read MoreHome sales increase, so do unsold homes
Even though home sales increased nearly 3.1 percent in July, the number of unsold properties hit an all-time high, CNNMoney.com reported.
Forecasts for July sales estimated an increase of only 1.6 percent, according to economists …
DuPont heads to Europe
E.I. du Pont de Nemours & Co. today announced that it will be expanding its Johnston-based Pioneer Hi-Bred International Inc. business in Europe, opening new research centers in Italy and Hungary.
The research centers are …
Rain delay
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