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Insurance

12508

You can beat Treasury bond yields with little risk


Dear Mr. Berko:

I received a $53,000 settlement, and my lawyer has advised me to buy 30-year Treasury bonds yielding 3.9 percent. He thinks the stock market will continue to go lower. We own some …

12521

Wave Theory is all wet


Dear Mr. Berko:

Back in June, you said the Dow Jones industrial average could fall to 8,500. Please explain this. What do you think of Robert Prechter, who says the Dow will crash to 1,000? …

12522

Avista is a pleasant sight


Dear Mr. Berko:

About a month or so ago, you recommended five or six electric utilities, and believe it or not, I own at least 65 to 90 shares of each. I like utility issues …

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First Bank makes changes

First Bank’s board of directors has announced three changes in its leadership. Rick Messerschmidt has been promoted to chairman of the board and executive vice president of First Bank, and Jeffrey Rose was promoted to …

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Casey’s suitor willing to pay more

Canada-based Alimentation Couche-Tard Inc. upped the ante today in its attempt to buy Casey’s General Stores Inc., telling shareholders it will pay $38.50 a share for all outstanding stock, up from its previous offer of …

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Principal and FBL present at New York conference

Dan Houston, president of Principal Financial Group Inc.’s Retirement, Insurance & Financial Services division, will present at the Keefe, Bruyette and Woods 2010 Insurance Conference in New York at 12:05 p.m. Iowa time Sept. 7. …

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West Bank to pay $15,500 penalty to regulators

West Bank has agreed to pay a civil penalty of $15,500 assessed by the Federal Deposit Insurance Corp. (FDIC) for allegedly failing to meet minimum capital requirements and having a high level of impaired loans, …

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DeWaay among top financial advisers, magazine says

Barron’s magazine has ranked DeWaay Capital Management among the Top 100 Independent Financial Advisors for the second consecutive year, according to the list released by Barron’s on Saturday. The Clive-based wealth management firm was ranked …

12490

Forget about GM stock; take a look into Intuitive


Dear Mr. Berko:

Please give me your thoughts on buying GM when it goes public. When will that happen and at what price? There seems to be a lot of demand for the new shares, …

12495

Neighborhood lender celebrates 20 years


Neighborhood Finance Corp. is celebrating its 20th year of providing loans to purchase and improve homes in Polk County neighborhoods.

The nonprofit mortgage lender traces its beginnings to a study commissioned in 1989 by the …