AABP EP Awards 728x90

Insurance

DSC 6869

Deere reports first quarter earnings

Deere & Co. reported net income of $1.224 billion for its first quarter ended Jan. 31, or $3.87 per share, compared with net income of $517 million, or $1.63 per share, for the quarter ended Feb. 2, …

DSC 6869

American Equity reports net loss in fourth quarter; quarterly sales up 100%

American Equity Investment Life Holding Co. on Wednesday reported a fourth-quarter net loss available to common stockholders of $6.3 million, or 7 cents per diluted common share, compared with net income available to common stockholders …

DSC 6869

GuideOne officials make case for reorganizing as stock company

Iowa’s insurance commissioner on Wednesday heard testimony from GuideOne Mutual Insurance executives to consider the company’s application to reorganize from a domestic mutual insurance company to a stock insurance company.

The reorganization, which would be …

DSC 6869

American Equity strikes deal with Adams Street Partners to enter private credit market

American Equity Investment Life Holding Co, a leading issuer of annuities based in West Des Moines, and Adams Street Partners, a global leader in private markets investments, announced they have reached an agreement to form …

DSC 6869

Eagle Life’s new head of sales will work remotely from South Carolina

Eagle Life Insurance Co., a subsidiary of American Equity Investment Life Insurance Co. in West Des Moines, has hired Bryan Albert as head of sales. Albert, who began the new role on Feb. 9, will manage all …

DSC 6869

Global Insurance Symposium to be held as hybrid event June 28-30

The Global Insurance Symposium announced its 2021 conference is now a hybrid event that will be held June 28-30. Attendees can participate virtually or in person at the Community Choice Credit Union Convention Center in …

DSC 6869

MidWestOne reports higher profit for fourth quarter, lower for full year

Corridor Business Journal: MidWestOne Financial Group Inc. reported net profit for the fourth quarter of 2020 of $16.7 million. That compares with a net loss of $19.8 million in the third quarter and a profit of …

DSC 6869

Meredith’s operating earnings more than double in fiscal Q2

Meredith Corp. recently reported second-quarter earnings from continuing operations of $149 million, more than double the comparable prior-year period. Fiscal 2021 second quarter cash flow from operations and free cash flow each more than doubled to $183 …

DSC 6869

Stocks mixed in January; Iowa companies mostly positive

Fourteen of the 18 Iowa-based companies on the Business Record’s Iowa Index posted stock price gains for the month. Five companies posted double-digit percentage gains. Only four Iowa-based stocks posted losses, all single-digit losses.


Renewable…
DSC 6869

Acquisition bolsters Lee’s first-quarter results

Quad-City Times: Media company Lee Enterprises of Davenport reported first-quarter operating revenue of $211.8 million, up from $122.3 million from a year ago, reflecting the purchase of Warren Buffet’s Berkshire Hathaway newspaper operations, BH Media and …