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NewLink Genetics’ quarterly loss more than doubles

NewLink Genetics, which received poor news from a key drug trial, reported a net loss of $32.4 million, or $1.12 per diluted share, for the second quarter of 2016, the company reported today. That compares with a…
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NOTEBOOK: Who’s in the July 29 issue?

Here’s a list of local people in the July 29 issue of the Business Record and the page number of the article in which they are mentioned. Members can read all of this week’s stories …

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Foreclosure rate continues to fall in Greater Des Moines

Real estate research firm CoreLogic Inc. said the foreclosure rate among all mortgages in Greater Des Moines dropped to 0.74 percent in May from nearly 1 percent in May 2015. The national foreclosure rate stood …

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Comer to take over public relations for YMCA of Greater Des Moines

Ruth Comer is leaving MidAmerican Energy Co., where she has been media relations manager to the last two years, to take the job of director of media relations and marketing at the YMCA of Greater …

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Day program to enhance literacy for blind children in Iowa

The National Federation of the Blind of Iowa has launched a day program designed to improve literacy among blind children. The Braille Enrichment for Literacy and Learning (BELL) Academy program, which is now offered in …

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Marsh & McLennan operating income up 16 percent

Marsh & McLennan Companies Inc. reported operating income of $472 million, a 16 percent increase from the year-ago quarter, for its second quarter that ended June 30. Adjusted earnings per share for the global professional …

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Des Moines financial report gets an ‘excellent’ award

The city of Des Moines has received a certificate of excellence in financial reporting from the Government Finance Officers Association of the United States and Canada, according to a release from the nonprofit group. The …

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Progress against poverty: OpportUNITY report

A quarterly meeting on the communitywide effort to reduce poverty in the Greater Des Moines area on Tuesday reported progress by four key work groups on education, transportation and housing, policy change, and food insecurity,…
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Second-quarter profits a record for West Bancorporation

West Bancorporation Inc. reported second-quarter net income of $5.5 million, or 34 cents per share, the highest second-quarter profit level ever recorded by the parent of West Bank. In the second quarter of 2015, West …

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Federal grant boosts Des Moines bridge projects

The city of Des Moines has received an $8 million federal transportation grant that will be used for a $22 million project to rebuild and replace downtown bridges. Under a program called Bridges to Opportunity: …