Archive for February 2009
Pending home resales rose in December
The index of pending home resales rose 6.3 percent to 87.7 in December, as foreclosures pushed down housing values making homes more attractive for buyers who can get financing, Bloomberg reported.
The Midwest and South …
Read MoreTickers: Feb. 3
The Iowa Leading Indicators Index fell 1.3 points to 103.3 in December, the largest drop since the index has been calculated and the ninth straight monthly decline. All of the eight indicators that make up …
Read MoreNordmeyer to lead Iowa Energy Center
Kevin Nordmeyer, a partner at RDG Planning & Design, will become the Iowa Energy Center’s new director on March 1.
Nordmeyer has been a state leader in sustainable design, including serving on the Iowa Commission …
Read MoreWells Fargo announces first dividend on TARP funds
Wells Fargo & Co. today announced it will pay the U.S. Treasury Department a quarterly dividend totaling $371.5 million in its first payout to the government since receiving $25 billion through the Troubled Assets Relief …
Read MoreFBL pushes back 4Q earnings release
FBL Financial Group Inc. today announced that it has delayed the release of its fourth-quarter financial results due, in part, to the current state of the credit markets.
The information, which was scheduled to be …
Read MoreResidential construction spending drops more than 27 percent
According to the U.S. Department of Commerce, spending for residential construction in 2008 dropped more than 27 percent from its level in 2007.
In a report released today, the Department of Commerce said that for …
Read MoreTickers: Feb. 2
Deere & Co. today announced today that it is increasing the number of people being laid off at its Davenport plant by 10, the Associated Press reported. Deere said it would place 200 employees on …
Read MoreAll that glitters is not pure gold
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Read MoreTake time to research your RAM
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