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Insurance

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Christman to speak at national convention

Barrie Christman, chair of Principal Bank, will be a featured speaker at the American Bankers Association annual convention on Oct. 17-20 in Boston.

She will be one of three bank executives participating in a panel …

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JPMorgan sees profit rise 23 percent

JPMorgan Chase & Co., the second-biggest U.S. bank, said its profits rose 23 percent, more than analysts estimated, as provisions for losses on mortgages, credit cards and other consumer loans fell $5.8 billion, Bloomberg reported.…

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Heiden to speak at ISU

Cara Heiden, co-president of West Des Moines-based Wells Fargo Home Mortgage, will be the fall 2010 speaker for the Robert Stafford Lecture Series on Banking at Iowa State University’s College of Business. The free lecture, …

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Wall Street expects a bonus

Half of financial professionals on Wall Street expect to get a larger bonus this year, and some of those expect a much bigger payout, according to an annual survey by financial job board eFinancialCareers.com, Reuters …

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Casey’s v. Couche-Tard dismissed

A lawsuit triggered by the hostile takeover attempt of Casey’s General Stores Inc. was dismissed last week in U.S. District Court in Des Moines. Casey’s had alleged that Alimentation Couche-Tard Inc. of Canada violated federal …

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EMC announces earnings release

EMC Insurance Group Inc. will release its 2010 third-quarter and year-to-date earnings information before the opening of regular market hours on Nov. 8. The information also will be available on the company’s website, www.emcins.com, the …

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Educated investors like the University of Phoenix


Dear Mr. Berko:

I recently hired a University of Phoenix graduate over a University of Florida graduate, because I felt the Phoenix student would give me more bang for my buck in our accounting department. …

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The financial system still has a few kinks


We already knew that lax mortgage approval processes contributed to the global economic meltdown. With the benefit of hindsight, lenders say they probably should have looked up “mortgage” in a thicker dictionary and asked new …

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SBA clears loan backlog; lending uptick expected


For bowling center operator Larry Weber, hearing that his small business loan would finally move forward was like the crisp, sweet sound of a strike.

Weber, who has owned Air Lanes on Des Moines’ South …

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Strong Meredith results produce big bonus for Lacy


Meredith Corp. Chairman and CEO Steve Lacy received an incentive award of $2.1 million for the company’s 2010 fiscal year, according to the Des Moines-based communication company’s most recent proxy statement.

The Meredith board of …