Principal buys Chilean pension firm Caprum for 1.51 billion
Des Moines based Principal Financial Group announces a 1.51 billion deal to acquire AFP Caprum S A, expanding in emerging markets. Caprum owns 32.1 billion in assets under management and the close is expected in Q1 2013. Principal reports 367 billion in assets under management as of June.
MENTIONED IN THIS ARTICLE
DES Moines Principal Financial Group
Des Moines
AFP Caprum S.A
Caprum
Principal
Facebook tests wish lists with want button in Collections
Facebook Inc is testing a Collections feature that lets users flag images of desired products with a want button. The test involves seven retailers including Pottery Barn and Victoria's Secret, aiming to steer users toward online stores.
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San Francisco
Facebook Inc
Facebook
Pottery Barn
Victoria’s Secret
Qatar Airways Joins One World Alliance
Qatar Airways joins the one-world alliance with American Airlines British Airways and nine other carriers to coordinate routes and allow earning miles on partner flights. The move signals the growing importance of Persian Gulf carriers based in Doha.
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New York
Qatar Airways
American Airlines
British Airways
Globe
Persian Gulf
Doha
Qatar
GM to hire 10000 computer professionals in house
General Motors plans to hire up to 10,000 computer professionals in 3 to 5 years to bring software and technology in house, a bold shift from the industry norm of buying external software. Ford Motor Co. is pursuing less aggressive technology plans as GM leads a broader trend.
MENTIONED IN THIS ARTICLE
Detroit
General Motors
General Motors Co
Ford Motor Co
CenturyLink union avoids weekend strike as talks continue
The Communications Workers of America representing about 1000 CenturyLink Iowa workers chose not to strike after the contract expired at 10 59 p m Saturday. Negotiations persist with day to day extension while union members approved a right to strike vote, though no strike is imminent.
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The
Gazette
Cedar Rapids CenturyLink
Communications Workers of America
Communications
Workers of America
CenturyLink
Iowa
Qwest
U.S. West
CWA
al Kogler
Job
Kogler
CWA Region 7
Martin's Country Store: Bulk Foods and Gluten Free Line
Martin's Country Store owner Teri Whisenhunt expands with a 2100 square foot store offering more than 1000 bulk foods and 200+ baked soup and meal mixes. The gluten free facility ships ready to restaurants and features an allergen aware labeling system and cross contamination controls. Also stocked are Amish foods with fresh baked goods and homemade noodles Thursday through Saturday.
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Hayley Bruce
Gazette
Cedar Rapids
Martin’s
Teri Whisenhunt
Whisenhunt
Martin's
Martin's Country Store
Blairs Ferry Rd
Terisglutenfree
Shawver Well Transfers Ownership to ESOP
The Shawver Well family transfers ownership to employees via a newly formed ESOP. Shawver Well, a 75 year old Iowa firm with locations in Fredericksburg Waukon and Dyersville and 35 owner stockholders, will keep Gary Shawver as president and lead growth. Brad Kerr, GM and board VP, will implement the plan and run daily operations. The firm serves geothermal and large municipal wells within about 200 miles of Fredericksburg.
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Iowa
Shawver Well
Fredericksburg
Gary Shawver
State of
Brad Kerr
Shawver
Kerr
Gary
Tions
Waukon
Dyersville
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