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Insurance

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Baddeloo to speak at Central Iowa Credit Union

Motivational speaker and certified public accountant Marty Baddeloo will speak to the Central Iowa Credit Union at 6 p.m. on Thursday, Feb. 24 at Mama Lacona’s, 3825 Northwest 121st., Urbandale.

His presentation, “Execute or be …

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RMI declines as growth slows

The Rural Mainstreet Index (RMI) declined to 55.3 in February from 59.3 the prior month. But the economic indicator, which was based on a survey of bank CEOs in a 10-state region including Iowa, is …

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FBL declares quarterly dividend

FBL Financial Group Inc.’s board of directors has declared a quarterly cash dividend of $0.0625 per share to owners of Class A and Class B common stock. The dividend will be payable on March 31 …

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BJ’s Wholesale Club


Dear Mr. Berko:

Please give me your thoughts on BJ’s Wholesale Club. Why is the stock making new highs when earnings seem to be in a rut? Also, does BJ’s Wholesale also own BJ’s restaurants? …

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Group hopes to light some ‘dry powder’


Adam Claypool is ready to bring deal makers to the table.

He’s aiming for people who have capital at the ready – dry powder, some call it – and are willing to invest in Iowa …

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Core consumer prices grow fast

The cost of apparel, shelter and airline fares drove up the U.S. Department of Labor’s core Consumer Price Index in January, an indication that an extended period of slowing inflation has passed, Reuters reported.

The …

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Wells Fargo among lenders that could face penalties

A review of mortgage-servicing practices by U.S. regulators found serious problems with internal controls and staffing levels at 14 companies, including Wells Fargo & Co., which could lead to formal enforcement action, The Wall Street …

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Insurance brokerage fees by banks up 7 percent

U.S. bank holding companies reported a record $9.73 billion in insurance brokerage fee income in the first three quarters of 2010, up 7 percent from earnings of $9.10 billion during the same period in 2009, …

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Tyler to manage Principal LifeTime Funds

Principal Funds, a subsidiary of Principal Financial Group Inc., has hired Jeff Tyler as portfolio manager for Principal LifeTime Funds, effective March 1. Tyler will have primary responsibility for the target-date fund series. With assets …

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Principal seeks nonprofit survey

Principal Financial Group Inc. is asking nonprofit organizations and public schools, colleges and universities to fill out a 403(b) plan survey.

The survey is designed to provide benchmarking data on plans, investment options and participation, …