Archive for January 2010
Ticker: Jan. 15
Metro Waste Authority’s (MWA) 2008-2009 financial statements have been given an unqualified or “clean” opinion by independent auditor Denman & Co. LLP. The financial statements showed that MWA’s operating accounts revenues totaled $22.3 million for …
Read MoreTicker: Jan. 14
Meredith Corp. will record a special charge of approximately $5.5 million in its fiscal 2010 second quarter, the company announced today. The charge is related to a repositioning of its Special Interest Media (SIM) business, …
Read MoreSurvey: offer employees wellness programs
Businesses that want to keep their employees longer should consider employer-sponsored wellness programs, according to the Principal Financial Well-Being Index released today.
The survey of American workers at growing businesses with 10 to 1,000 employees …
Poor December retail sales indicate slow holiday season
Preliminary figures aren’t reflecting a retail and food service holiday miracle.
Advance estimates of U.S. retail and food services sales for December were $353 billion, a 0.3 percent decrease from November, the U.S. Census Bureau …
Got bailout money? Prepare for fees
In an effort to help recoup losses from the Troubled Asset Relief Program (TARP) and battle a record federal deficit of $1.4 trillion, President Obama is planning to raise approximately $120 billion by imposing fees …
Read MoreBill would offer state employees early retirement
A bill designed to save the state an estimated $60 million through early retirement incentives is on the fast track to the Iowa Senate floor, IowaPolitics.com reported.
The legislation would try to entice an estimated …
Ticker: January 13
William Kerr, chairman and former CEO of Meredith Corp., has been named president and CEO of media marketing and research firm Arbitron Inc., and said he plans to resign his chairman position with Meredith. “Bill’s …
Read MoreCRE investors could see returns of 11 percent in 2011
The largest declines in returns on commercial real estate investments may have passed, Reuters reported. But investors, eager to see their returns start to grow, may have to wait until 2011 to see that happen.…
Read MoreJPMorgan’s Dimon: Commercial real estate a ‘train wreck’
Speaking at a JPMorgan Chase health-care conference in San Francisco on Monday, Marketwatch reported, chief executive Jamie Dimon said, “Commercial real estate is a train wreck, but it’s already happened.”
The declining value of properties …
Ticker: Jan. 12
John Pappajohn has announced the launch of the fifth annual John Pappajohn Iowa Business Plan Competition, which aims to stimulate business development and provide support for outstanding business plans. A total of $50,000 will be …
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