Archive for July 2011
Study: Execs expect little hiring outside of growth sectors
Chief executives don’t expect much hiring to take place in the near term, according to a study of more than 100 earnings conference calls through July 21 by The Wall Street Journal.
Drawing on transcripts …
Read MoreGovernor announces college scholarship fund
A scholarship fund established at the Community Foundation of Greater Des Moines will benefit high school and undergraduate students from Iowa who plan to attend Iowa community colleges, colleges or universities. Gov. Terry Branstad and …
Read MoreLenders look to demolish foreclosed homes
Hundreds of foreclosed and abandoned houses may soon be demolished by Bank of America Corp. as it and other lenders seek ways to deal with homes they can’t sell, Bloomberg reported.
Disposing of repossessed homes …
Read MoreLightEdge companies to expand Altoona data center
EdgeBCC, a subsidiary of LightEdge Solutions Inc., has secured financing to double the size of its data center space in Altoona, as demand for cloud computing increases. EdgeBCC obtained a loan from U.S. Bank and …
Read MoreIowa State announces presidential search call
The Iowa State University Presidential Search Committee will meet via a conference call at 1:30 p.m. tomorrow. To dial into the conference, call (866) 390-5250 and use participant code 9026659. The Krieger Board Room in …
Read MoreBusinessmen elected to national MDA positions
Local businessmen Robert Myers and Fred Greiner have been elected to national leadership positions with the Muscular Dystrophy Association (MDA). Myers, president and CEO of Ankeny-based Casey’s General Stores Inc., was elected to a one-year …
Read MoreGrefe & Sidney’s Cook named ISBA vice president
Guy Cook, a partner with the Grefe & Sidney law firm in Des Moines, was elected vice president of the Iowa State Bar Association (ISBA) during its annual meeting last month. Cook, who will serve …
Read MoreLehman letting go of real estate amid rising prices
The estate of Lehman Bros. is boosting sales of its commercial properties as prices improve. The failed investment bank now expects to recover $13.2 billion from its real estate portfolio between 2011 and 2014, The …
Read MorePrincipal acquires $149.5M property
The Capital Plaza office tower in Washington, D.C., was sold for $149.5 million to Principal Real Estate Investors LLC, Bloomberg reported, and the transaction reflects rising commercial real estate values in the nation’s capital.
Vacant …
Read MoreCBRE brokers $4.7M Bridgewood deal
CB Richard Ellis/Hubbell Commercial has brokered the $4.7 million sale of Bridgewood Plaza at 165 S. Jordan Creek Parkway in West Des Moines. Three retail buildings with a total of 53,500 square feet were included …
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