Archive for November 2010
IDED awards benefit local companies
Gov. Chet Culver announced yesterday that 17 companies plan to add a total of 300 new jobs across Iowa after receiving awards from the Iowa Department of Economic Development. Four Greater Des Moines companies — …
Read MoreSecond Stanbrough firm files for bankruptcy protection
Corporate Woods LLC, a property management company controlled by Daniel Stanbrough, has filed to reorganize its finances under federal bankruptcy law. The company is the second Stanbrough firm to file for protection under Chapter 11 …
Read MoreWest Bancorporation declares special dividend
On Nov. 17, the board of directors of West Bancorporation Inc. declared a special cash dividend of 5 cents per common share payable Dec. 20 to shareholders of record on Nov. 29. David Milligan, board …
Read MoreMichigan company lands local contracts
A Portage, Mich.-based company that provides integrated property tax and records management software for state and local governments was awarded contracts for Polk and Linn counties. Manatron Inc. said in a press release that those …
Read MoreBuyouts proposed for flood-damaged homes
The city of Des Moines plans to submit an application to the Federal Emergency Management Agency for a proposed voluntary buyout project for owners of single-family homes located in 100-year flood plain areas that sustained …
Read MoreDrake law student receives award
Israel Kodiaga, a third-year law student at Drake Law School, was named the inaugural recipient of the ARAG Chad Hensley Diversity Scholarship. Kodiaga, a native of Kenya, was given the award based on his academic …
Read MoreFitch upgrades Lifespace rating
Lifespace Communities Inc., a nonprofit organization headquartered in Des Moines, has received an “A” rating from Fitch Ratings for a tax-exempt bond offering totaling more than $30 million. The proceeds from the bond offering, which …
Read MoreUnemployment applications up, below projections
Applications for unemployment benefits rose by 2,000 to 439,000 in the week ended Nov. 13, according to Labor Department figures released today.
The number of people receiving unemployment insurance payments dropped to the lowest level …
Read MoreGM sees strong return to the market
General Motors Co. shares gained 7 percent this morning in a return to the market for the top U.S. automaker, according to Reuters.
The return comes less than a year and a half after the …
Read MoreFBL, West Bancorporation declare quarterly dividends for shareholders
West Des Moines-based FBL Financial Group Inc. announced that its board of directors yesterday declared a quarterly cash dividend of 6.25 cents per share for owners of Class A and Class B common stock.
There …
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