Archive for March 2011
U.S. budget negotiations set to begin
The White House and congressional leaders are set to meet Thursday to try to begin narrowing a partisan divide over the U.S. budget, according to Reuters.
The opening round of negotiations aimed at setting funding …
Read MoreSame-store retail sales up in February
U.S. retailers posted a gain in same-store sales in February, driven by department stores, according to Bloomberg.
Same-store sales rose 4.3 percent overall. Revenues at J.C. Penney Co. Inc. increased by 6.4 percent, and Kohl’s …
Read MorePrincipal announces dividend
Principal Financial Group Inc. announced today that its board of directors has declared a cash dividend of $1.39 per share on its Series A non-cumulative perpetual preferred stock and a cash dividend of 40.7 cents …
Read MoreCasey’s to acquire five stores in Missouri
Casey’s General Stores Inc. announced today that it has signed a purchase agreement to acquire five convenience stores from QuikTrip Corp.
All the stores are located in the Springfield, Mo., metropolitan area. The transaction is …
Read MoreInsurance division launches flood awareness program
The Iowa Insurance Division, in collaboration with the Department of Natural Resources and Homeland Security and Emergency Management, has launched a statewide flood awareness program.
The “Don’t Test the Waters” information program is designed to …
Read MoreMPO seeks feedback on gas prices
The Des Moines Area Metropolitan Planning Organization is seeking feedback on whether rising gas prices will change area residents’ driving habits.
The group’s survey asks a yes-or-no question and provides space for feedback. To take …
Read More2011 Archived Issues: February
Business Record: February 4, 2011
Cover Story: Called to serve
Hospice entrepreneur Tom Moreland puts his ‘chips back on the table’ with launch of Saint Jude Healthcare
Focus: Health care
Click here to view issue.…
Read MoreStudy: Much of Iowa farmland rented on year-to-year basis
More than half of the farmland in Iowa is rented, and the areas of the state containing the most fertile agricultural land have tenancy rates ranging between 61 and 70 percent, according to research released …
Read MoreWorker productivity up in fourth quarter
The productivity of U.S. workers increased in the fourth quarter at a faster pace as companies sought to cut costs to preserve profits, Bloomberg reported.
The measure of employee output per hour rose at a …
Read MoreSauer-Danfoss reports gains for year, quarter
Sauer-Danfoss Inc. reported fourth-quarter net sales of $428.9 million, an increase of 54 percent from the fourth quarter of 2009.
Net income for the quarter was $126 million compared with a net loss of $74.7 …
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