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The Storm Lake-based parent company of MetaBank said today that a $1.5 million goodwill charge cut earnings for the first quarter of fiscal 2011 to $700,000, compared with earnings of $1.2 million in the first …
Warren Buffett’s Berkshire Hathaway Inc. said today that it will buy all of the remaining shares in Wesco Financial Corp. that it does not already own in a deal valued at $547.6 million. If Wesco …
Monte Combe, senior vice president of investments at Aviva USA, has been appointed to the board of directors of the Des Moines chapter of the American Heart Association. Combe, who will help the association carry …
Standard & Poor’s Ratings Services has assigned an “A-” financial strength rating to FBL Financial Group Inc. and its subsidiaries, Farm Bureau Life Insurance Co. and EquiTrust Life Insurance. Standard & Poor’s also assigned a …
Dear Mr. Berko:
I know you don’t like Yahoo or Microsoft, but a friend told me that Microsoft will buy Yahoo. Nothing is certain, but do you think Yahoo may be a good speculation? Also, …
In 1994, a group of executives left some of the largest insurance brokerage houses to launch what they believed was a better model for serving clients.
It looks as if they were onto something. Minneapolis-based …
Ratings agency Standard & Poor’s does not have any plans to downgrade the U.S. sovereign debt rating, but it believes credit risk may increase in the long term, a senior official at the agency said …
American Equity Investment Life Holding Co. announced that Wendy Waugaman, president and CEO, and John Matovina, chief financial officer, will be presenting at the 2011 New York Society of Security Analysts Insurance Conference in New …
Meredith Corp. will pay a quarterly dividend of 25.5 cents per share on March 15 to shareholders of record on Feb. 28. The dividend represents an 11 percent increase. Meredith also said it intends to …
West Des Moines-based Farmers Mutual Hail Insurance Company of Iowa (FMH) said today that it has entered into a merger agreement with Central Iowa Mutual Insurance Association, a Story City-based farm property insurer, to create …
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