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Retail and Business

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Sauer-Danfoss exceeds expectations on first-quarter numbers

Hydraulic component manufacturer Sauer-Danfoss Inc. reported a 46 percent increase in first-quarter net sales yesterday.

Net sales were $564.7 million, compared with $386.8 million a year ago. The company, which has a major plant in …

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CEOs confident heading into 2nd quarter

Confidence among U.S. CEOs improved at the start of the second quarter as more business leaders forecast pickups in demand, employment and spending on equipment, Bloomberg reported.

The Young Presidents’ Organization gauge of sentiment rose …

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Economic indicators show mixed results

U.S. retailers had a strong month in April, but claims for unemployment benefits dampen the economic outlook, Reuters reported.

The Thomson Reuters chain store sales index, which is based on analysts’ estimates, calls for an …

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Magazine ads, circulation down at Meredith; branding revenues up


In a quarterly report filed April 27 with the Securities and Exchange Commission, Meredith Corp. noted that magazine advertising revenues decreased 11 percent and advertising pages declined 13 percent in the company’s third quarter, which …

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Small business survey: Majority expect 2011 recovery

A national survey of small business owners shows that they are growing more optimistic about the future, the Phoenix Business Journal reported.

According to the Business Confidence Survey by Insperity, a Houston-based human resources consulting …

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Lee cancels $1 billion bond offering

Davenport-based newspaper publisher Lee Enterprises Inc., citing market conditions, has withdrawn a high-yield bond sale and concurrent stock offering designed to refinance all of its existing debt and avoid a bankruptcy filing that until recently …

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New figures show economic clout of U.S. metros

America’s 100 largest metropolitan areas, which include Greater Des Moines, wield more economic clout than any other nation in the world, new numbers from the U.S. Bureau of Economic Analysis show.

The gross metropolitan products …

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Students recognized for architecture drawings

The Iowa Architectural Foundation announced the winners of its third annual Architecture by Children Drawing Contest. More than 150 entries in nine Iowa regions were submitted by students in grades K-3 and 4-6 who were …

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Local volunteers to participate in National Women Build Week

About 15 local volunteers are expected to work on a house at 1529 17th St. on Wednesday as part of National Women Build Week held by Habitat for Humanity and Lowe’s.

Lowe’s is providing Greater …

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Rotary Night to raise funds for Blessman Ministries

Simon Estes and his choir will perform at the Rotary Night for Africa event at Prairie Meadows Racetrack and Casino in Altoona from 6 to 9 p.m. on May 12.

The event is a fund-raiser …