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Insurance

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Voya Financial boosts earnings, plans technology investments

Voya Financial Inc. today reported fourth-quarter after-tax operating earnings of $245 million, compared with $198 million in the fourth quarter of 2013. Net income available to common shareholders was $1,395 million, or $5.66 per share, …

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Taxpayers’ group to hold session on saving public pensions

The Taxpayers Association of Central Iowa and other groups plan a joint presentation on “Securing Iowa’s Public Pension Systems” at 11 a.m. Feb. 25 at the Greater Des Moines Botanical Garden. The session will examine …

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Iowa Finance Authority claims $33 million savings from bond issue

The Iowa Finance Authority announced it has recently executed a contract for a $321.53 million bond deal that will generate a savings of $33 million for the State Revolving Fund. The savings will ultimately benefit …

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Buffett financial reporting criticized

Investment analysts are criticizing Warren Buffett over the quality of the financial disclosures of his company, Berkshire Hathaway Inc., Reuters reported. Interviews with five of the six analysts who cover the $370 billion company found that they …

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Strong dollar bodes ill for small manufacturers

Midsized U.S. manufacturers are likely to bear the brunt of the dollar’s climb that has lifted it nearly 10 percent against the euro and 7 percent against major currencies since mid-December, Reuters reported.

 

Foreign exchange …

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FBL Financial reports fourth-quarter earnings

FBL Financial Group Inc. on Thursday reported net income for the fourth quarter of 2014 of $28.1 million, or $1.13 per common share, compared to $27 million, or $1.07 per common share, for the fourth …

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Fidelity & Guaranty reports strong sales growth

Fidelity & Guaranty Life today reported net income of $14.1 million, or 24 cents per common share for the first quarter of fiscal 2015 that ended Dec. 31, 2014. The Des Moines-based life insurance and …

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Wells Fargo says it is the first to allow customers to redeem awards at the ATM

Wells Fargo & Co. customers who participate in the company’s Rewards credit card program can redeem their rewards at more than 12,500 Wells Fargo automated teller machines. Wells Fargo is the first major U.S. financial …

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SHAZAM offers person-to-person cash transfers

SHAZAM BOLT$, the mobile app offered by the SHAZAM Network, now offers debit-card holders a person-to-person money transfer service and a GPS-based ATM locator, according to a release. The features can be used by community …

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Lee reports decline in earnings, revenues and debt

Davenport-based Lee Enterprises Inc., which publishes 46 daily newspapers, including its hometown Quad-Cities Times, said today that fiscal first-quarter earnings and revenues declined, but that it continued to use cash to pay down debt. Chairman …