Archive for June 2011
Iowa ranks as a top 10 business state in CNBC list
Iowa is one of the top states for business, according to CNBC’s annual list.
Iowa is the No. 9 on the CNBC list of America’s Top States for Business. The state was helped by a …
Read MoreMidwest manufacturing numbers unexpectedly improve in June
Factory activity in the Midwest accelerated in June, fostering hopes for a pickup in economic growth in the third quarter, Reuters reported.
The Institute for Supply Management – Chicago said on Thursday that its business …
Read MoreNorth Central Bancshares receives approval for conversion
North Central Bancshares Inc., parent company of Fort Dodge-based First Federal Savings Bank of Iowa, announced that the bank has received regulatory approval from the Iowa Division of Banking to complete its conversion to a …
Read MoreRod and Custom Nationals should provide economic boost
The Goodguys 20th Heartland Rod and Custom Nationals will be at the Iowa State Fairgrounds this weekend, and is expected to bring in big money to the area.
The Greater Des Moines Convention and Visitors …
Read MoreFed cuts debit card bank fees in half for retailers
Fees paid by retailers to banks for debit card purchases, a $20 billion annual expense that has been the subject of a political battle over the last year, will be cut in half after the …
Read MoreHallihan promoted to president of Iowa Sports Foundation
Jim Hallihan has been promoted to president of the Iowa Sports Foundation (ISF). Hallihan served as the executive director of ISF for the past 17 years.
He has led the foundation to record participation numbers, …
Read MoreSmall businesses struggle to get loans
Loans to small businesses have continued to decline in 2011, The Wall Street Journal reported.
Loans outstanding to small businesses totaled $609 billion at the end of March, an 8.6 percent drop from a year …
Read MoreWest Bank exits TARP
West Bancorporation Inc. announced yesterday that it has redeemed all $36 million of the preferred stock it sold to the U.S. Treasury on Dec. 31, 2008, under the Capital Purchase Program, which is part of …
Read MoreTMG appoints new CEO
The Members Group (TMG) yesterday announced the appointment of Shazia Manus as CEO. She replaces Tom Kuehl, who recently announced his retirement.
Manus most recently worked as CEO of the Greater Iowa Credit Union, a …
Read MorePrincipal to release second-quarter results Aug. 1
Principal Financial Group Inc. announced that it will release second-quarter financial results after U.S. markets close on Aug. 1.
Larry Zimpleman, chairman, president and CEO, and Terry Lillis, senior vice president and chief financial officer, …
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