Archive for October 2008

Saying that “part of my soul passed away” when company founder Marvin Pomerantz died, Teresa Wahlert announced this afternoon that she will step down as the president and chief operating officer of Mid-America Group.

Carolyn …

Principal Financial Group Inc. could be a takeover target, according to Citi Investment Research analyst Colin Devine, the Associated Press reported. Devine cut his target price for Principal stock to $35 from $60 and lowered …

The United States could set another record in wind turbine installation, with projects completed so far this year totaling 4,204 megawatts of capacity, according to the American Wind Energy Association’s (AWEA) third-quarter report.

The industry …

Former Federal Reserve Chairman Alan Greenspan is expected to be put on stage this morning as the House Oversight and Government Reform Committee holds hearings on what caused the financial crisis and how the government …

What to do with Hy-Vee Hall, the Polk County Convention Complex and a potential hotel connected to the Iowa Events Center was once again the focus of discussion at the Polk County Board of Supervisors’ …

Meredith Corp. announced today that it plans to report first-quarter results for fiscal 2009 on Wednesday, Oct. 29, prior to the opening of U.S. stock markets. A conference call will be held that day at …

Iowa’s seasonally adjusted unemployment rate dropped to 4.2 percent last month from a revised 4.5 percent in August as workers affected by the June floods returned to work. The state’s unemployment rate is up from …

Stocks teetered this morning after a 400-point rally yesterday, as more companies reported third-quarter earnings and the government announced more plans to try to stimulate the economy, the Associated Press reported.

The Dow Jones industrial …

Damage from Gulf Coast hurricanes cut E.I. du Pont de Nemours & Co.’s third-quarter profits by $227 million, or 16 cents per share, and caused it to lower its fourth-quarter and full-year guidances.

Net income …