Broker not to blame for bad stock picks

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R&R reduces staff

Six R&R Realty Group employees were laid off yesterday, due to a decrease in business activity, said Paul Rupprecht, president of the company’s Realty Marketing Group division.

“Yes, we did have a small workforce reduction …

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Cost of living rose in January

The Consumer Price Index rose 0.3 percent in January, the first rise in six months, as gasoline prices stopped falling and retailers began raising prices after the start-of-the-year discounts, Bloomberg reported. But some Federal Reserve …

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Tickers: Feb. 20

FBL Financial Group Inc. reported a net loss for the fourth quarter of 2008 of $19.2 million, or 64 cents per share, compared with net income of $11.9 million, or 39 cents per share, in …

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The end of our Iowa innocence

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Nippon could increase its investment in Principal

Nippon Life Insurance Co. could increase its stake in Principal Financial Group Inc. after the Des Moines-based insurer said it may seek strategic investors to raise capital as market conditions continue to deteriorate, Bloomberg reported.…

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Continuing unemployment claims keep rising

The number of Americans collecting unemployment benefits for more than a week reached 4.99 million for the week ended Feb. 7, the fourth straight record-setting level, the Associated Press reported.

Meanwhile, an Associated Press-GfK poll …

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