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Insurance

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Yahoo and Yum


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, …

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Hays Cos. launches office in downtown Des Moines


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 …

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S&P: No plans to downgrade U.S. credit rating

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 …

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American Equity to present at conference

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 …

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Meredith reports a dividend raise

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 …

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Merger allows FMH to form property and casualty division

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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EMC increasing operating income guidance

EMC Insurance Group Inc. is increasing its 2010 operating income guidance to a range of $2.15 to $2.25 per share from $1.75 to $2 per share, the company announced today.  The revised guidance is based …

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GuideOne names Hengesbaugh to board

GuideOne Mutual Insurance Co. has named Bernard Hengesbaugh, chief operating officer of the American Medical Association, to its board of directors. Hengesbaugh was with CNA Financial Corp. for nearly 24 years and served as chairman …

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Ford not deterred by disappointing quarter

Ford Motor Co.’s earnings rose to $6.6 billion in 2010 from $2.7 billion the prior year, the company’s best annual results in more than a decade, CNNMoney.com reported.

But the automaker’s fourth-quarter operating profit of …

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West Bancorporation reports fourth-quarter results

West Bancorporation Inc. reported a net income available to common shareholders of $2.9 million, or 17 cents per share, for the fourth quarter of 2010, compared with $2.2 million, or 13 cents per share, for …

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