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Insurance

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Small banks are enticing as the recovery goes on


Dear Mr. Berko:

I have $40,000 that I want to gamble in bank stocks, because I think Bank of America, Citigroup, Wells Fargo and JPMorgan Chase can double in price during the next two years. …

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A Closer Look


Give me a little background.

When I was in school, I interned at Mary Greeley Medical Center in the community relations department; I interned for the Iowa State athletic department; I was a conference manager …

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Boal takes investment reins at Miles Capital


One of the best compliments Greg Boal ever received as an executive came while he was conducting a performance review.

“That individual said, ‘I have accomplished more than I thought I was actually capable of,’” …

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Fed may allow strong banks to increase dividends

Well-capitalized banks may soon be allowed by the Federal Reserve to increase dividend payments, Reuters reported.

Citing unidentified sources, Reuters said the Fed is expected to take a conservative approach in deciding which banks can …

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North Central Bancshares reports income

Fort Dodge-based North Central Bancshares Inc., the holding company for First Federal Savings Bank of Iowa, which has a branch in West Des Moines, reported net income of $1.2 million, or 76 cents per share, …

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Meredith declares dividend

The Meredith Corp. board of directors declared a regular quarterly dividend of 23 cents per share, payable on Dec. 15 to shareholders of record on Nov. 30. The company has paid a dividend for 63 …

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FBL reports third-quarter results

FBL Financial Group Inc. reported third-quarter net income of $28.7 million, or 93 cents per share, and operating income of $30.2 million, or 98 cents per share. In the year-ago quarter, the West Des Moines …

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EMC declares dividend

The board of directors at EMC Insurance Group Inc. declared a quarterly dividend of 19 cents per share of common stock payable Nov. 24 to shareholders of record as of Nov. 17. The declared dividend …

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Bank offers educational show for middle schoolers

Bank of the West is bringing a financial education program called “Mad About Money” to McCombs Middle School, 201 County Line Road., and Hiatt Middle School, 1214 E. 15th St., on Nov. 11.

Actors from …

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Casey’s, 7-Eleven courtship ends

Casey’s General Stores Inc. said today that merger talks have ended with 7-Eleven Inc. The convenience store giant had acted as a foil to the hostile takeover bid for Ankeny-based Casey’s by the Canadian company …

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