Recent Articles

Isle of Capri Casinos reports loss of $6.65 million, 17 cents per share, in second quarter

Isle of Capri Casinos, Inc. today (11/29) reported a $6.65 million loss for its second quarter, and company officials primarily blamed the decline on the poor performance of its gambling operations in Mississippi.

For the quarter ended Oct. 28, the Isle reported a loss of 17 cents per share, compared with a loss of 4 cents per share for the same period a year ago.

Egyptian Orascom Group: Iowa fertilizer plants to exclusive Swiss resorts

Orascom Hotels and Development – a sister company to the Egyptian firm that recently received $110 million in state tax incentives to build a fertilizer plant in southeast Iowa – was featured in Sunday's New York Times for its construction of a $1.92 billion exclusive Swiss resort for the world's wealthiest jet set.

Orascom Hotels and Development, part of Orascom Group, is building the five-star resort at Andermatt, Switzerland, and the first of five hotels will have a 4,500-square-foot penthouse that will rent for $43,000 a night, according to the Times article. Prices for villas in the development start at $1 million for a studio or one-bedroom of about 732 square feet, the Times reported.

Lee Enterprises reports 4th quarter loss of $7.7 million; fiscal year ends with $21.3 million loss

Lee Enterprises - owner of the Quad City Times - reported Monday it lost $7.7 million in its fourth quarter ended Sept. 30, an improvement over the same period a year ago when the Davenport-based firm had an $8.8 million loss, or 20 cents per share.

For the company's fiscal year ended Sept. 30, Lee posted a $21.3 million loss (43 cents per share) compared with a loss of $147 million ($3.27 per share) for fiscal 2011.

Iowa League of Cities gets day in court challenging EPA's sewage 'bypass' treatment rules

The Iowa League of Cities will get its day in court next week to argue the U.S. Environment Protection Agency (EPA) revised municipal sewage treatment regulations without proper rule-making and has sought to avoid judicial review of "illegally revised regulatory requirements."

Attorneys for the league and the EPA will make their oral arguments before the three-judge U.S. Court of Appeals for the 8th Circuit in St. Louis Tuesday, November 13, more than a year after filing suit to challenge the EPA's regulation of so-call "bypass" sewage.

Election results a click away; links to election info at Scott County and Iowa web sites

Get full detailed results of today's election direct from the source.

I-74 bridge update meeting Wednesday, Nov. 7

The status of the planned Interstate 74 Bridge project through downtown Bettendorf will held from 3 p.m. to 5 p.m. Wednesday (Nov. 7) at Bettendorf City Hall, 1609 State Street. Specific items on the meeting agenda are the status of the right-of-way acquisition for the project, timing of construction and the status of the realignment of State and Grant Streets.

Housing starts in Bettendorf up 8 percent

New housing starts in Bettendorf were up 8 percent in the third quarter compared with 2011, while new construction home sales for the Iowa Quad Cities jumped 20 percent compared with the third quarter last year.

That's according to statistics compiled by Ruhl & Ruhl Realtors of Bettendorf in its quarterly market update.

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