Archive for July 2009
Gannett’s earnings up in second quarter
Gannett Co. Inc. reported net income of $70.5 million, or 30 cents per share, for the 13 weeks ended June 28, as lower operating expenses helped offset a decline in advertising revenues.
This compares with …
Consumer prices up as gasoline costs soar
Consumer prices jumped 0.7 percent in June as energy prices soared, the Associated Press reported.
The increase was the biggest one-month gain since last July, but was seen as a temporary jump as energy prices …
Tickers: July 15
Aviva Investors North America Inc. has named Charles “Chuck” Preseau chief financial officer. Preseau will report to CEO Greg Boal and be based in Des Moines. He will lead all finance and operations functions for …
Read MoreHRC Hotels LLC comes close to closing a deal
An alleyway is the only thing stopping HRC Hotels LLC from closing on 101, 121 and 114 S.W. Second St.
Terry Hall of HRC Management Co. LLC, which manages HRC Hotels, said his company is …
Energy efficiency is focal point of proposed Capitol complex office building
Construction of the Iowa Utilities Board’s (IUB) and the Office of the Consumer Advocate’s (OCA) new office building in the Capitol complex is expected to begin this summer, said Chuck Seel, an IUB spokesman.
The …
Goldman Sachs exceeds earnings estimate
Goldman Sachs Group Inc. reported a larger-than-expected profit this morning, on the heels of news that company executives have sold nearly $700 million worth of stock since the collapse of rival Lehman Bros. Holdings Inc. …
Read MoreObama to announce $12 billion for community colleges
President Barack Obama will visit Michigan today, where he is expected to announce a $12 billion infusion for the nation’s community colleges, The New York Times reported.
Education officials said yesterday that $2.5 billion of …
Tickers: July 13
Mercy Clinics will break ground Tuesday on a 17,300-square-foot building that will be home to Mercy Capitol Internal Medicine, Mercy East Village Family Practice and an urgent care clinic that will operate under expanded hours …
Read MoreLet’s play two: bankruptcy for Cubs and its parent?
The Chicago Cubs may become the first Major League Baseball team in 39 years to file for bankruptcy as Tribune Co. seeks to sell the franchise after months of negotiations, Bloomberg reported.
Tribune sought Chapter …
President Obama is thinking about jobs
Jobs in the health-care and environmental sectors are growing at a faster rate than those of the U.S. economy as a whole, President Barack Obama’s Council of Economic Advisers will say in a report to …
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