Nollen Plaza do-over heads for feasibility test

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Iowa Interstate Railroad invests millions in fleet

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Tickers: Oct. 17

General Growth Properties Inc., developer of Jordan Creek Town Center, has given a $300,000 raise to its interim chief financial officer, Edmund Hoyt, who was appointed following the Oct. 2 departure of former CFO Bernard …

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ING stock price tumbles

Dutch financial services firm ING Groep NV, which has extensive operations in Des Moines, experienced a record drop in stock price as speculation circulated that the Amsterdam-based company may need to increase its capital, Bloomberg …

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Oil prices hit 14-month low

Oil prices reached a 14-month low yesterday, causing the Organization of Petroleum Exporting Countries (OPEC) to move up its emergency meeting by a month to Oct. 24, the Associated Press reported.

The price of oil …

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Tickers: Oct. 16

Though Wachovia Corp. CEO Bob Steel will be out of a job when Wells Fargo & Co. takes over the bank, Wells Fargo CEO John Stumpf told Wachovia employees yesterday that he will try to …

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Winnebago revenues down 64 percent

With recreational vehicle sales plummeting, Forest City-based Winnebago Industries Inc. reported a net loss of $12.7 million, or 44 cents per share, for its fiscal fourth quarter ended Aug. 30, a suspension of its cash …

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Tickers: October 15

First National Investment Banking has announced the opening of a public finance department at its headquarters in Omaha. The investment bank is a wholly owned subsidiary of First National of Nebraska Inc. The department will …

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Wells Fargo beats expectations

Just a few days after it got the green flag to merge with Wachovia Corp., Wells Fargo & Co. reported a 25 percent decline in net income, yet still managed to beat expectations.

The company …

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