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Ticker: July 26

New homes sales increased more than forecast in June after an unprecedented collapse the prior month, Bloomberg reported after the release of U.S. Commerce Department data. Junes sales rose 24 percent from May to an …

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Ticker: July 23

Jim Swift, chairman and CEO of Holmes Murphy & Associates, has announced several organizational changes as part of the company’s planned leadership-perpetuation strategy. Swift will oversee growth plans along with client acquisition and retention for …

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Hubbell to put Kaleidoscope up for sale

Hubbell Realty Co. will place the Kaleidoscope at the Hub on the market today with an asking price of $2,515,000.

The downtown mall at 555 Walnut St., which Hubbell developed in 1985, includes two buildings …

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Ticker: July 22

The Greater Des Moines Young Professionals Connection is hosting a clothing drive from July 25-31 to benefit the AIB College of Business Clothes Closet. The clothing drive aims to provide the Clothes Closet with young …

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Declining existing home purchases point to housing slump

Purchases of existing homes dropped less than forecast in June, but the decine still added to the growing amount of evidence that the housing market will slump as the effects of the federal tax credit …

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Wells Fargo’s net income tops estimates

Wells Fargo & Co., the top U.S. home lender, has reported a second-quarter profit that beat most analysts’ estimates as the company’s loan losses eased, Bloomberg reported.

Net income declined 3 percent to $3.06 billion, …

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Survey: One-third of small employers plan to hire

CareerBuilder’s latest nationwide survey shows that small businesses – one of the major drivers for economic recovery and job growth – will be hiring in the second half of 2010. Thirty-two percent of companies with …

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Lack of credit, new inventory may lead to quicker recovery

The U.S. commercial real estate market will rebound faster than it did following the 1990s downturn, according to Marc Halle, a manager of the Prudential Global Real Estate Fund.

One reason for the hopeful outlook, …

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Schapiro: More people, cash needed to carry out reform

Mary Schapiro is expected to tell lawmakers today that the Securities and Exchange Commission (SEC) needs to hire 800 people to help it implement the new Wall Street reform law, CNNMoney.com reported.

Schapiro, chairman of …

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Aviva Investors launches first mutual fund

Aviva Investors North America Inc. plans to enter the U.S. mutual fund market with the launch of an asset preservation fund that it plans to launch on Aug. 30.

“We’re very excited about the opportunity …