Archive for May 2012
Europe losses hurt GM profit
General Motors Co. posted a first-quarter profit of $1 billion on Thursday, exceeding forecasters’ expectations, but losses in Europe totaling $256 million caused profits to increase at a slower rate, according to Bloomberg.
The once-struggling …
Read MorePlayhouse receives Community Foundation’s Better Together Award
The Community Foundation of Greater Des Moines honored the Des Moines Community Playhouse with its 2012 Better Together Award during its annual luncheon today at the Des Moines Marriott Downtown.
The Playhouse received a $2,500 …
Read MoreNew award for efficient use of tax money
The Taxpayers Association of Central Iowa announced Wednesday the creation of a new “In the Public Interest” award to honor public officials and citizens who create the “most efficient public services.” The association will give …
Read MorePartnership heading to China in October
The Greater Des Moines Partnership will lead a nine-day cultural exploration tour to China this October. The trip includes visits to the cities of Beijing, Shanghai, Suzhou, and Hangzhou, as well as sites including Tiananmen …
Read MoreItalian restaurant hoping to open in Des Moines
Chicago-based Italian fast-food company Go Roma is looking for franchise development opportunities in Des Moines as it plans to expand throughout the upper Midwest.
The company currently has six locations in the Chicago area and …
Read MoreYouth struggle to find work in weak economy
You may want to give your son or daughter a pat on the back if he or she has found a job for the summer. Only 25 percent of teens ages 16 to 19 are …
Read More2012 Archived Issues: March
Business Record: March 2, 2012
Parking on potential
Des Moines leaders expect surface lots to hold buildings – someday
Focus: Building & construction
View issue
Business Record: March 9, 2012
Innovative companies
Three Iowa companies …
Iowa low on job-cut count
Only seven states had fewer job cuts than Iowa in April, according to a report released today by Challenger, Gray & Christmas Inc. Iowa had 75 planned job cuts announced during the month.
Nationally, U.S.based-based …
Read MoreAmerican Equity reports first-quarter earnings
American Equity Investment Life Holding Co. (AEL) on Wednesday reported first-quarter operating income of $29.8 million, or 46 cents per share, compared with of $30.6 million, or 47 cents per share, in 2011.
The West …
Read MoreSauer-Danfoss reports increase in sales, decrease in net income
Ames-based Sauer-Danfoss Inc. reported net income of $64.8 million, or $1.34 per share, for the first quarter, down from $70.6 million, or $1.46 per share, for the first quarter a year ago.
Net sales for …
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