Archive for June 2009
New owner slates former Quality Ford site for retail
Hurd Commercial Real Estate Services purchased the former Quality Ford site in West Des Moines last week for $1.5 million.
The terms of the transaction were “favorable,” said Richie Hurd, who handles marketing and sales …
Financial institutions raise billions to leave TARP
Financial institutions are raising billions to meet the Federal Reserve’s additional capital requirements, which will allow them to repay U.S. bailout funds.
Morgan Stanley sold $2.2 billion of common stock, JPMorgan Chase & Co. sold …
Lt. Gov. Judge announces ‘Your Heart Is in Your Hands’ challenge
Heart disease is the No. 1 killer of men and women in the United States; each year nearly 700,000 Americans die from the disease. The good news, however, is that making the right choices can …
Read MoreTickers: June 2
Two Rivers Bank & Trust can collect the remaining $1.6 million due on developer John Kline’s mortgage from an insurance policy he carried on an Urbandale home, according to a consent order signed Monday by …
Read MoreIowa business sentiment improves, slightly
Iowa’s largest employers are predicting modest improvements in indicators of the state’s economy during the next six months, the Iowa Business Council (IBC) said today.
However, expectations remain lower than at this time last year …
Introducing GM of America
General Motors Corp. filed for bankruptcy today, with a union health plan and the U.S. government holding the largest ownership stakes as the company goes through restructuring.
GM claimed $82.29 billion in assets and $172.81 …
Tickers: June 1
West Bank has agreed to pay a civil penalty of $18,920 assessed by the Federal Deposit Insurance Corp. (FDIC) for alleged violations of federal Flood Act provisions that require flood insurance to be taken out …
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