Archive for May 2011
CFOs like financial prospects, fear inflation
Chief financial officers in the Midwest are increasingly optimistic about the economy, but they are wary of inflation, according to a survey by Grant Thornton LLP. Fifty-seven percent of respondents said their companies plan to …
Read MoreBusinesses and designers invited to make over renovated Oakridge housing units
Oakridge Neighborhood, which recently completed a $30 million structural upgrade and remodel of its 42-year-old housing stock, is launching Opportunity Knocks, an event Aug. 5-6 that invites businesses and designers to help make over, decorate …
Read MoreHousehold debt increased in the first quarter
U.S. households increased their debt last quarter by 0.3 percent as mortgage balances showed a “small increase,” the Federal Reserve Bank of New York said today. Consumer indebtedness totaled $11.5 trillion at the end of …
Read MoreWells Fargo to acquire foreign currency exchange service
Wells Fargo & Co. announced today that it will acquire substantially all of the U.S.-based operating assets of Foreign Currency Exchange Corp. (FCE), a wholly owned subsidiary of the Bank of Ireland Group. Financial terms …
Read MoreRoeder returning to Des Moines public schools
Phil Roeder has been hired as director of community relations and legislative liaison for the Des Moines Independent Community School District, Superintendent Nancy Sebring said today in a news release. Roeder served as the district’s …
Read MoreApple has top brand value
Apple Inc. has surpassed search-engine giant Google Inc. as the world’s most valuable brand, according to WPP plc, Bloomberg reported.
Apple’s brand value climbed 84 percent in the past year to $153.3 billion, WPP’s Millward …
Read MoreHertz makes a second offer for Dollar Thrifty
Hertz Global Holdings Inc., the largest publicly traded rental-car company, offered to buy Dollar Thrifty Automotive Group Inc. for $2.24 billion in cash and stock, countering a bid by competitor Avis Budget Group Inc.
Hertz …
Read MoreDwolla to present at Finovate
Dwolla Corp., a Des Moines-based online, mobile and social payment platform, has been chosen as one of 63 financial innovations to be highlighted at the 2011 FinovateSpring, to be held Tuesday and Wednesday in San …
Read MoreAngry Birds could take an IPO flight
Rovio Mobile Ltd., developer of the “Angry Birds” mobile game, is eyeing an initial public offering in three to four years, its chief marketing officer was quoted as saying today in a Finnish business daily, …
Read MoreHomeowners with negative equity still growing
More than 28 percent of U.S. homeowners owed more than their properties were worth in the first quarter, as housing values fell the most since 2008, Zillow Inc. said today. Homeowners with negative equity increased …
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