Archive for May 2012
Facebook stock continues to drop
Share prices of Facebook Inc. have continued to decline, and the stock is now down more than 20 percent from its initial public offering price.
Facebook inc. started trading in options today, but the stock …
Read MoreOrchard Place to host free luncheon on Wednesday
An Iowa organization working to increase awareness about mental health issues will host a free luncheon downtown on Wednesday in honor of mental health month.
Orchard Place, which provides mental health services for children in …
Read MoreHy-Vee names new CEO
Randy Edeker, previously the president and chief operating officer, took over …
Pioneer’s purchase of South African seed company approved
Pioneer plans new distribution facility in Spencer
Pioneer Hi-Bred International Inc. broke ground on a new facility in Spencer on Friday.
The new facility will serve as a regional distribution point for corn and soybean seeds and is expected to open in …
Read MoreIPL seeks rate increase for natural gas
Interstate Power and Light Co. (IPL) is requesting approval of a rate increase from the Iowa Utilities Board and will increase the price for natural gas service on June 4, at a lower interim rate …
Read MoreHousing prices fell at a slower rate in March
A report released today from S&P/Case-Shiller showed that in 20 major cities, housing prices fell a lower rate in March than in the 12 preceding months, signaling an improvement in the housing market, according to …
Read MoreConsumer confidence unexpectedly falls
In May, consumer confidence fell to the lowest point in four months, defying economists’ predictions that consumer confidence would rise.
Economists surveyed by Bloomberg predicted that confidence would rise to 69.6 from 68.7 in April, …
Read MoreIowaBiz blog: Is the romance gone?
Social media event to take place June 6
Social media consultant Brian Solis will speak at Social: IRL Des Moines on June 6 at the Science Center of Iowa.
The conference will include presentations by Solis and other guest speakers, who will address …
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