Acquisition adds to DST's business analytics capabilities
DST Systems Inc. acquired kasina LLC, a New York-based strategic advisory firm that focuses mainly on the top 150 asset managers in the nation. Founded in 1999, kasina is most known for introducing...
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Blue Valley Ban Corp adds well-known names to its board
Blue Valley Ban Corp, holding company for Overland Park-base Bank of Blue Valley, expanded its board to six members to add Tom McDonnell and Anne St. Peter. McDonnell was CEO of Kansas City-based DST...
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GM's KC vehicles shine in the December sales report
General Motors Co. logged big gains in the December sales report, and vehicles made at the Fairfax Assembly Plant in Kansas City, Kan., played a key role. Overall, GM saw its December sales jump to...
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The Federal Savings Bank will acquire $90M in assets
The Federal Savings Bank signed an agreement to acquire Baytree National Bank & Trust Co. of Lake Forest, Ill., further boosting its presence in northern Illinois. Formerly known as Generations...
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Sandy Kemper's C2FO surpasses $1B a month in volume
C2FO is well on the way to achieving its goal of revolutionizing the accounts payable and receivable process, hitting a significant milestone in December by surpassing $1 billion a month in customer...
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Community banks show growing interest in M&A
A growing number of community bankers have an interest in acquiring competitors, according to KPMG LLP's annual Community Banking Outlook survey. The survey showed 49 percent of community banks are...
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Entrepreneur: Evolving into being broadly siloed
The secret behind the 80 percent growth at Shick USA in the past four years is pretty straightforward. The materials-handling company evolved from moving dry goods for a number of industries to a...
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James Dornbrook: Mariner Holdings sees $16B jump in AUM
Marty Bicknell, founder and CEO of Leawood-based Mariner Holdings, couldn't be happier with the growth the company experienced in 2014. Mariner Holdings is the parent company for advisory arm Mariner...
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BATS sets a full-year market-share record in U.S. equities
BATS Global Markets Inc. reported a 20.4 percent share of the U.S. equities market for 2014, its best year ever. BATS' market share nearly doubled from the 10.4 percent it posted in 2013, thanks in...
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Economist: Oil prices will sort themselves out, so stop worrying
The effect of oil prices on the economy has become such a huge elephant in the room that economist Alan Beaulieu joked that he tells people at the airport he's a life insurance salesman, just so he can...
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H&R Block picks a fight with Intuit's Turbo Tax
H&R Block Inc. is showing how serious it is about gaining a larger share of the digital tax market by openly going after customers of market leader Intuit Inc. The Kansas City-based tax preparer...
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BATS faces record penalty for Direct Edge legacy practices
The Securities and Exchange Commission issued a $14 million penalty against Direct Edge Holdings — acquired by Lenexa-based BATS Global Markets Inc. in early 2014 — in a settlement regarding "price...
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OP firm's fingerprints are all over new college football trophy
When college football announced that it would move to a playoff format instead of the traditional Bowl Championship Series (BCS) to determine a national champion, Overland Park-based Premier Sports...
View ArticleUMB extends employment agreement with Prairie Capital principals
Kansas City-based Prairie Capital Management LLC saw its assets under management more than double to $3.5 billion since it was acquired by UMB Financial Corp. in 2010, and both companies want to keep...
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Russell Stover sweetens sales for new owner Lindt
The acquisition of Russell Stover Candies Inc. helped Chocoladenfabriken Lindt & Sprüngli AG post record annual sales of $3.2 billion, up 17.4 percent from a year ago. With the Swiss chocolate...
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Bank of Blue Valley parent shuffles executive team
Blue Valley Ban Corp., the holding company for Bank of Blue Valley, announced the promotion of three senior executives. The promotions resulted in the creation of the chief operating officer and...
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List Package: Milbank’s new patent opens doors, some of them unexpected
At the end of 2014, Kansas City-based Milbank Manufacturing Co. reached a milestone, gaining patent approval for Synap6, a product it has been working on for several years. Synap6 not only manages...
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James Dornbrook: FDIC numbers paint another healthy quarter
The Federal Deposit Insurance Co.'s official numbers for the third quarter of 2014 show a healthy banking market in the Kansas City area. Lending by commercial banks based in the Kansas City area...
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List Package: Falling oil prices prompt wary product pipeline watching
With U.S. shale oil production increasing and demand weakening in Asia and Europe, oil prices have fallen 60 percent since peaking in June. Although it's creating a nice windfall for consumers, it has...
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The secret to Mariner Real Estate's success
Few Kansas City-area funds are generating the buzz of excitement in investor circles like Mariner Real Estate Management LLC. Ryan and Terry Anderson founded Mariner Real Estate Management in July 2008...
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