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Insurance

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ISU bonds for residence hall project receive favorable rating

Moody’s Investors Service recently assigned a favorable rating to Iowa State University’s $30 million issue of dormitory revenue bonds for its new residence hall project. Iowa State’s highest Aa2 rating on the bonds “reflects the …

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Meta Financial Group Inc. reports profit growth

Meta Financial Group Inc. reported reported net income of $5.2 million, or 78 cents per share, on total revenues of $30.3 million at the end of its second fiscal quarter on March 31, compared with …

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University Research

University Research Overview:

Every day, the professors and researchers at Iowa’s colleges and universities go to work on a series of projects and research efforts. Their work often gains high-praise within the educational community and …

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Iowa entrepreneurs indicate economic growth, optimism

A new report from the global Entrepreneurs’ Organization says investment in small business in Iowa and across the U.S. is paying off.

 

EO’s biannual Global Entrepreneur Indicator found that 50 percent of companies increased …

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Marsh & McClennan reports increase in quarterly earnings

Marsh & McLennan Cos. Inc. reported net income of $482 million, or 88 cents per share, in the first quarter, up from $443 million and 80 cents per share in the year-ago period, according to …

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American Equity sales, earnings up in first quarter

American Equity Investment Life Holding Co. on Wednesday reported first-quarter 2015 net income of $5.9 million, or 7 cents per common share, compared with a first-quarter 2014 net loss of $9.8 million, or 13 cents …

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Green Plains Inc. posts loss for first quarter

Ethanol producer Green Plains Inc. announced a net loss for the first quarter of $3.3 million, or 9 cents per diluted share, compared with net income of $43.2 million, or $1.04 per diluted share, for the same …

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Apple in a ‘super cycle’

Apple Inc. is expected to reach a market capitalization of $1.1 trillion within the next year and “is in the midst of a transformational super cycle,” Cantor Fitzgerald analyst Brian White told MarketWatch. The firm raised its …

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Appeals court upholds lower valuation of Wellmark headquarters building

Polk County could decide this week whether to ask the Iowa Supreme Court to review a recent appellate court ruling that resulted in a $21 million cut in the property tax valuation of Wellmark Inc.’s …

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Market no longer ‘on steroids’

 

During baseball’s steroids era, it seemed like home run records were broken all the time, CNN Money reported. That’s what the bull market in stocks has felt like the past few years.

 

The S&P 500 …