Insurance merger unites Square Deal and Allied Mutual in Des Moines
Square Deal Insurance and Allied Mutual Insurance announce a Thursday merger of two Des Moines based mutuals with a combined net worth around 150 million. No cash or stock changes hands as policyholders own both entities. Final approvals came from policyholders and the Iowa Insurance Commissioner.
MENTIONED IN THIS ARTICLE
Square Deal Insurance Co
Allied Mutual Insurance Co
Allied Mutual
James Kirkpatrick
Iowa Insurance Commissioner's Office
Allied Group Inc
Square Deal
Iowa
Illinois
Minnesota
Missouri
Genencor sparks ripple effect in Cedar Rapids economy
Genencor International expands with a coating unit bought from Vector Corp and installed with D.A.D. Manufacturing involvement. Local suppliers ESCO Electric Modern Piping and others join the project, underscoring a broader economic boost and jobs growth in the Cedar Rapids area.
MENTIONED IN THIS ARTICLE
George C
Genencor
Gerald Zahradnik
Vector
Zahradnik
D.A.D. Manufacturing
Herfert
Modern Piping Inc
Cedar Rapids
Esco Electric
Marion
Michael Blouin
Cedar Rapids Area
Christmas sales rise in Cedar Rapids area reports
A survey of Cedar Rapids retailers shows most enjoyed higher Christmas sales than in 1991. Mall officials note preliminary gains and stretched foot traffic, with double digit increases at some stores. National figures place holiday sales up about 8 to 10 percent overall.
MENTIONED IN THIS ARTICLE
Associated Press and Gazette
Cedar Rapids
Allison Towe
Westdale Mall
Molly Williams
Lindale Mall
Williams
Towe
Rita van Sickle
van Sickle’s
van Sickle
Responsibility for Stock Plunge and Penny Stock Loss
A reader asks who bears blame after a penny stock collapse. The advisor says recourse against one’s own broker is unlikely when the order was unsolicited. Investors must do due diligence and limit risk to funds they can afford to lose.
Dow Ends Mixed As Markets React To Economic Signals
The Dow Jones fell 22.42 to 3310.84 while advancers led decliners 6 to 5 on the NYSE in light volume about 213.67 million shares. United Fire & Casualty rose 1 percent, Wal Mart slid 0.5, and Bristol-Myers gained 0.75 as Taxol’s FDA approval boosted sentiment.
MENTIONED IN THIS ARTICLE
Associated Press and Gazette
New York Stock Exchange
Iowa
United Fire & Casualty
Penwest
Bristol-Myers Squibb
Food and Drug Administration
American Telephone & Telegraph
Boeing
Caterpillar
Confidence in U S economy climbs to 78 3 in December
The Conference Board reported the consumer confidence index rose nearly 13 points in December to 78.3, the highest since April 1991, with economists warning that sustained gains depend on income and employment improvements. The index reflects responses from about 5 000 households on home buying plans and local business conditions.
MENTIONED IN THIS ARTICLE
Conference Board
New York
Dan Seto
Nikko Securities International
Seto
The
Also Mentioned on This Page
Insurers Plan Merger
American Automobile Association
U.S
Atlanta
Coca-Cola Co
Coke
Randy Donaldson
P&g
Procter & Gamble Co
Max Factor
United States
Europe
Japan
Max Factor International
Detroit
California
Chrysler Corp
Dodge
Directed Electronics Inc
DEI
Vista
Calif
Tribune Media
D.A.D
Blouin
C.R
Johnson Redbook
Bondy
Susan Bondy
Dow
YWCA
June Ann Snyder
Investments Securities Corporation of Iowa
SCI Fnancial Group, Inc
Second Avenue
Anthony Karydakis
Chicago Capital Markets Inc
Guaranty Bank and Trust Co
FDIC
Downtown
Northwest Third AV
Jacolyn DR
42Nd ST
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