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James Dornbrook: BATS trades on improved security
BATS Global Markets CEO Joe Ratterman recently sat down to talk about the safety of the electronic markets. The timing was interesting — coming just a few days before the Lenexa-based exchange briefly...
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James Dornbrook: Independence makes a wish for Unilever jobs
The $580 million sale of the Wish-Bone salad dressing brand has Independence officials hoping there will be a next course for the 190 employees at the area plant where the dressing now is produced....
View ArticleMGP Ingredients proxy fight heads into the final round
MGP Ingredients Inc. rescheduled its annual meeting for Aug. 23, sending new proxy cards out to shareholders this week. MGP was required by the District Court of Atchison County to schedule and hold an...
View ArticleNew Kansas City beer company nails down $1M in financing
Kansas City Bier Co. announced it raised $1.02 million to open a new wholesale craft brewery in the Waldo neighborhood of Kansas City. The wholesale craft brewery had tried to raise a total of $1.7...
View ArticleKC bank deals could foreshadow future M&A
Bank deals in the Kansas City area this year are considered poster-children for the motivating factors under way in the overall banking mergers-and-acquisitions market. Kansas City has seen five bank...
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Commerce Trust makes office call on doctors
Commerce Trust Co. has created a special team of financial experts to provide services that specifically target health care professionals. This is the first time the Kansas City-based financial...
View ArticleNBH taps competitors to build its executive team
National Bank Holdings Corp.'s annual report contains a page that shows the wide variety of executive experience the company has assembled since it started building an organization from scratch in 2010...
View ArticleUnilever invests $152.5 million in New Century plant, creates 100 new jobs
Unilever announced that it would invest $152.5 million and create 100 jobs at its plant in New Century, Kan. The plant operates 24 hours a day, five days a week producing spreads such as Country Crock,...
View ArticleKansas City ranks below average on interest
The average interest rates paid on certificates of deposit by Kansas City area banks and credit unions are up to 18 percent behind the rates paid in other areas of the country. A study by...
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Knutson joins Kansas Bankers Association board
Kurt Knutson, chairman and CEO of Overland Park-based Freedom Bank, has joined the board of directors of the Kansas Bankers Association. Knutson was elected by his peers in July to serve as a regional...
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Royals players trade old electronics for tickets
The Kansas City Royals will hold an electronics recycling event called Players for the Planet on Friday and Saturday, and the first 200 people in line each day will be able to exchange old electronics...
View ArticleMatlack joins KPERS board of directors
Terry Matlack, managing director of Leawood-based Tortoise Capital Advisors LLC, was appointed vice chairman of the Kansas Public Employees Retirement System (KPERS). KPERS serves as a fiduciary,...
View ArticleUMB lures Karaba away from US Bank
UMB Bank announced that it hired Dominic Karaba as its new executive vice president of small business sales. Karaba spent the last 11 years at US Bank, working his way up from business banking officer...
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Fed continues asset purchases; George votes no
Esther George, president of the Federal Reserve Bank of Kansas City, was once again the sole vote against the Federal Open Market Committee’s decision to keep the federal funds rate near zero and to...
View ArticleNASDAQ trading again after suffering a technical glitch
Nasdaq OMX Group shut down trading at about 11 a.m. Central Daylight Time on Thursday due to a "technical glitch." The stock market was down for nearly two hours sorting out the problem. Trading...
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James Dornbrook: Kansas Speedway hopes to be regular stop for road course series
The inaugural professional road race at Kansas Speedway drew about 10,000 fans, far fewer than the 75,000 who might attend a NASCAR race. Still, management of the track was pleased with the event and...
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Goff named president of Premier Sports
Mike Goff was promoted from chief marketing officer to president of Overland Park-based Premier Sports Management. Goff has been with the sports and entertainment marketing agency since August 2012....
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Laney has National Bank Holdings fully focused on growth
National Bank Holdings Corp. has enough capital on hand to double its assets, which is exactly what the company intends to do. The holding company for Kansas City-based Bank Midwest grew to $5.5...
View ArticleKPMG fostering female leadership
Ten years ago, KPMG LLP in Kansas City had no female partners and saw it as a major problem. The company launched the KPMG Network of Women (KNOW) to address the issue, studying the barriers,...
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BATS-Direct Edge merger creates endless opportunities
The combination of BATS Global Markets and Direct Edge Holdings LLC creates the scale necessary to vault one of the final hurdles both companies faced in competing with the New York Stock Exchange and...
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