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Insurance

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Remove market-value adjustment, and it’s been a good decade for stocks

Even with the Standard & Poor’s 500 index down 19 percent since the bursting of the technology bubble in 2000, it’s been no lost decade for stocks, Bloomberg reported.

The benchmark gauge for American equities …

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Schmitt to lead international consulting group’s U.S. operations


Cedar Rapids businessman Jim Schmitt has been promoted to managing director of the U.S. operations of Expense Reduction Analysts (ERA), a cost-reduction consulting group that operates in 30 countries.

Schmitt, who has been ERA’s Midwest …

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CJM Financial to expand in Ankeny


Trent Murphy has been hiring, and now with some help from the city of Ankeny, he’ll have more working space for his employees.

Murphy, president and co-owner of CJM Financial Inc., a transportation factoring business …

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BERKO: Is Dunkin’ Donuts stock as tempting as the menu?


Dear Mr. Berko:

I’m looking at buying Dunkin’ Donuts stock, which went public at $19 and is now around $25. I’d like to buy 400 shares but decided to email you first to get your …

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BERKO: Don’t look for Berko on Facebook


Dear Mr. Berko:

I’ve tried to find you on Facebook but to no avail. I’m asking you to join, because I would like to include you among my list of friends. I hope to soon …

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BERKO: Common folks lost their grip on the stock market


Dear Mr. Berko:

I’m 76, and my nest egg has dwindled by 55 percent in the dozen years since I retired. I lost 50 percent when the tech bubble burst, earned back 80 percent and …

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Principal announces 2012 outlook

Principal announces 2012 outlook Principal Financial Group Inc. yesterday announced its 2012 outlook. The company expects operating earnings per share to range from $3.05 to $3.25. A conference call was scheduled to begin at 9…
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RSM McGladrey back under McGladrey & Pullen ownership

RSM McGladrey back under McGladrey & Pullen ownership McGladrey & Pullen LLP announced today that it has completed the acquisition of RSM McGladrey Inc. from H&R Block Inc. McGladrey, the fifth-largest U.S. assurance, tax and…
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Central banks slice European interest rate

The Federal Reserve cut the cost of emergency dollar funding for European banks as part of a globally coordinated central bank response to the continent’s sovereign debt crisis.

The interest rate has been reduced to …

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Central banks still pressing to reduce borrowing costs

Central banks still pressing to reduce borrowing costs Central banks across five continents are undertaking the broadest reduction in borrowing costs since 2009 to avert a global economic slump stemming from  Europe’s sovereign-debt turmoil, Bloomberg…