Archive for December 2012
Greater Des Moines home sales up
The Greater Des Moines housing market is on pace to surpass 9,000 homes sold in 2012, the Des Moines Area Association of Realtors said Tuesday. “We are poised to have a very strong close to …
Read MorePrincipal Funds rated among ‘hottest fund firms’
Principal Funds has been named one of the hottest fund firms of the year by InvestmentNews, a weekly newspaper for financial advisers. The rating is based on net inflows to mutual funds through Oct. 31, 2012, …
Read MoreTribune Co. preparing to sell newspaper assets
Tribune Co., the bankrupt owner of the Chicago Tribune, Los Angeles Times and six other daily newspapers, is interviewing bankers about selling its papers, according to two people with knowledge of the matter, Bloomberg reported. …
Read MorePDCM Insurance launches risk management division
Waterloo-based PDCM Insurance announced it has formed a risk management division that will assist businesses statewide in developing risk reduction and loss control programs. Bill Trammel Jr., senior loss control specialist for PDCM with more …
Read MorePrincipal survey: U.S. workers more optimistic about economy
Though nearly two-thirds of American workers view the current economy as unhealthy, the percentage of employees who believe the economy will improve in 2013 has risen, according to new research from the Principal Financial Well-Being Index: …
Read MoreTreasury to sell remaining AIG shares for $7.6 billion
The U.S. Treasury Department’s sale of its remaining stake in American International Group Inc (AIG) will fetch $7.6 billion, bringing the government a total profit of $22.7 billion from its crisis-era bailout of the insurer, …
Read MoreIowa taxable sales up 4.9 percent
Total retail sales in Iowa were 4.9 percent higher than the previous fiscal year, according to a year-end report released Monday by the Iowa Department of Revenue. The state collected $2.06 billion in retail sales tax …
Read MoreDelta to acquire stake in Virgin Atlantic
Delta Air Lines Inc. is buying Singapore Airlines’ 49 percent stake in Virgin Atlantic for $360 million, and has agreed to a trans-Atlantic joint venture with the British carrier, expanding its access to capacity-constrained London …
Read MoreIowa slips in health rankings
Iowans are losing ground when it comes to leading more healthful lifestyles and improving their individual health, according to a report released today by United Health Foundation.
Iowa’s rank slipped to 20th-healthiest among the states, …
Read MoreCompanies paying special dividends to beat higher tax rates
The wealthy look set to enjoy a windfall in the closing weeks of the year as companies push money out the door to beat the higher tax rates advocated by President Barack Obama, Bloomberg reported…
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