Meredith Corp. today reported earnings per of 18.3 million, or 40 cents per share in tis fiscal 2010 first quarter which ended Sept. 30, down from $18.6 million, or 41 cents per share, a year ago. Revenues were $332 million, down from $364 million a year earlier. See the full release.

West Bancorporation Inc. today reported third-quarter earnings of $2.4 million, or 14 cents per share, up from a net loss of $182,000, or 1 cent per share, a year-ago. A net loss of $1.1 million related to WB Capital Management Inc. was considered to be from discontinued operations; the company entered into an agreement on Oct. 1 to sell that subsidiary. See the full release.

Iowa Telecommunications Services Inc. today reported third-quarter earnings of $4.57 million, or 13 cents per share, down from $5.72 million, or 17 cents per share a year ago. Revenues were up to $68.3 million from $62.9 million a year ago. See the full release.

FBL Financial Group Inc. announced an agreement with EMC National Life Co. (EMCNL), whereby EMCNL will recapture a block of annuities and life insurance policies with reserves totaling $250 million. As a result of the transaction, FBL Financial Group subsidiary EquiTrust Life Insurance Co. expects to record an after-tax gain of $9 million on a generally accepted accounting principles basis and an after-tax gain of $20 million on a statutory basis. The effective date for the transaction is Oct. 1, 2009, with a planned closing by Oct. 30, 2009. See the full release.