Archive for May 2009
Tickers: May 15
Principal Financial Group Inc. is among six U.S. insurers approved to receive several billion dollars in bailout funds from the U.S. Treasury Department, according to media reports. The New York Times reported that each company …
Read MoreBusiness by the numbers
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Read MoreChrysler Plymouth could close
Des Moines Chrysler Plymouth, 4410 Merle Hay Road, is on the list of 789 U.S. dealerships that Chrysler LLC wants to shut down by June 9.
For more details and the complete list, click here.…
Wholesale prices, jobless claims rise
Stocks were up this morning despite data that showed wholesale prices and jobless claims have risen recently, the Associated Press reported.
A Labor Department report stated that wholesale prices rose 0.3 percent in April, more …
Tickers: May 14
Kim Robak has notified FBL Financial Group Inc. that she will immediately resign from the company’s board of directors and withdraw her name as a director nominee at FBL’s May 20 annual shareholder meeting, according …
Read MoreEmployment report may indicate better times ahead for construction industry
Job losses in the U.S. nonresidential construction sector slowed in April, with 9,100 cuts compared with 10,600 in March, according to a May 8 employment report by the U.S. Labor Department. Since this time last …
Read MoreVision Iowa Board delays World Food Prize decision
The Vision Iowa Board decided today to defer a vote on whether to provide funding for the World Food Prize Foundation headquarters project until its next meeting in June. The board chose to delay its …
Read MoreForeclosures continue to climb
Foreclosures continued their upward trek last month, hitting a record-setting 342,000, CNN Money reported.
According to a report released today by RealtyTrac Inc., an online marketer of foreclosed properties, one out of every 374 homes …
Retail sales decline for second straight month
Retailers reported decreased sales for the second month in a row in April, CNNMoney reported.
According to the Commerce Department, total retail sales fell 0.4 percent last month, following March’s revised decline of 1.3 percent. …
Tickers: May 13
Des Moines Area Community College (DMACC) announced it will reduce its tuition increase for the upcoming 2009-10 academic year by $7.50 per credit hour. The DMACC board of directors had previously increased tuition by $15.50 …
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