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American Royal unveils Barbecue Hall of Fame honorees
The American Royal Association announced that three individuals will be in the 2013 class of inductees for the Barbecue Hall of Fame. Each year, the American Royal selects inductees in one of three...
View ArticleAcquisition helps BKD establish presence in Pennsylvania, Mid-Atlantic
BKD LLP announced that it will acquire Malin Bergquist & Company LLP in October for an undisclosed amount. The acquisition gives BKD, which is based in Springfield, Mo., its first physical presence...
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NHL expansion rumors: Will KC be iced out again?
With the new National Hockey League season only weeks away, the rumor mill is cranking up again about possible expansion, including into Kansas City. King5 News in Seattle claimed in a recent story to...
View ArticleBeware the angry mother-in-law: Ex-Harrington Bank CEO faces lawsuit
Craig Cerny, former chairman and CEO of Harrington West Financial Group Inc., is being sued by his mother-in-law in Johnson County District Court for allegedly not repaying a loan. The lawsuit adds an...
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UMB forms Minneapolis Corporate Trust office; nabs Wells Fargo employees
UMB Bank will create a national hub in Minneapolis to serve as a successor trustee for distressed and defaulted municipal securities transactions, the bank announced Thursday. The hub will be known as...
View ArticleStudy: Most Americans have inadequate retirement savings
A study by the Economic Policy Institute shows that a vast majority of Americans are unprepared for retirement, and the situation appears to be getting worse. Participation in employer-based retirement...
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James Dornbrook: Bank on insight from these FDIC metrics
The quarterly data released by the Federal Deposit Insurance Corp. contain lots of interesting nuggets to mine if you know how to look for them. Let’s start with bank assets, which include loans,...
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James Dornbrook: Four key metrics offer look at aggregate bank performance
The Federal Deposit Insurance Corp. releases a raft of data about Kansas City-area banks every quarter. It’s easy to wonder where to look for key data to pull out. The charts at right extract four key...
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Newsmaker: Lockton: ‘A lot of things we just made up as we went along’
David Lockton is chairman of Kansas City-based Lockton Insurance Cos. Inc., the largest privately owned insurance brokerage in the world. Lockton is the brother of company founder Jack Lockton and...
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Analyst expects UMB's stock price to recover
Peyton Green, a Sterne Agee analyst, released research notes on UMB Financial Corp. on Friday, outlining why he thinks the common stock will quickly recover after a recent downturn. The Kansas...
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Obama: 'We bet on you. And today that bet has paid off'
President Barack Obama visited Ford Motor Co.'s new stamping plant in Liberty on Friday to outline his plan for improving the lives of middle-class Americans. Ford's stamping plant is part of a $1.1...
View ArticleLead Bank propels itself into the Crossroads District
Lead Bank's latest move in its aggressive growth plan is to set up a bank branch in Kansas City's Crossroads District. The bank, which is based in Garden City, Mo., submitted an application to the...
View ArticleLarrabee: Sam Walton's son keeps it real at Arvest
Mark Larrabee shared some interesting stories about working with one of the richest men in the world during his speech at the Central Exchange's CEO series on Thursday. Larrabee, regional president for...
View ArticleStudy: Midwest businesses that go international healthier than peers
A new study by HSBC Bank USA shows that Midwestern companies with a large amount of international sales are three times more profitable than their domestic-focused peers. The HSBC Spotlight on U.S....
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Eiko sold to two private equity firms
Shawnee-based Eiko Global LLC, the fourth-largest lighting company in the world, sold to private equity firms Charter Oak Equity and Stephens Capital Partners for an undisclosed amount. Even if you've...
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James Dornbrook: Top area SBA lenders get busier, but loans decline
Overall, Small Business Administration lending in the Kansas City area declined about 5.4 percent to $336.4 million in fiscal year 2013, despite the top lenders in the area significantly increasing...
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Entrepreneur: Economist Kuehl talks about manufacturing startups
When it comes to entrepreneurs, those in the manufacturing space face a unique set of opportunities and challenges. Chris Kuehl, co-founder of Armada Corporate Intelligence and chief economist for the...
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Sporting KC fan support at an all-time high
The 34-game sold-out streak for Sporting Kansas City continues, this time the Nov. 23 home game for the Eastern Conference Championship sold out in less than 24 hours. Sporting Kansas City advanced to...
View ArticleCapital readily available, but business M&A is floundering
Low interest rates and banks falling over each other to make loans is creating a great environment for mergers and acquisitions. So why is the number of completed deals down? Deal count has been...
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New IMAX film was a major Kansas City effort
From the financing to the talent that put the new IMAX film together, "We the People" owes its existence in large part to people and organizations from the Kansas City area. The 40-minute IMAX film,...
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