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Lee first quarter earnings fall 32 percent; revenues off 1 percent

on Tue, 01/18/2011 - 22:42   by Editor

First quarter earnings at Lee Enterprises, parent of the Quad City Times, were 42 cents per share, a 32 percent decline from 62 cents per share reported for the same quarter a year ago.

The company trumpeted its double-digit growth in online ad revenue in its quarterly earnings release, but the media conglomerate's overall advertising revenue fell nearly 2 percent compared to the first quarter a year ago.

2010 a record year for air pollution 'exceedances' in Iowa

on Sat, 01/15/2011 - 03:48   by Editor

National air quality standards were exceeded a record 85 times at various monitors in Iowa during 2010, including 33 instances in Muscatine, 10 in Clinton and nine in Davenport.

Bettendorf man one of four charged in Iowa film office investigation

on Wed, 01/12/2011 - 01:31   by Editor

Four people, including a Bettendorf man and the former director of the Iowa Film Office, now face felony criminal charges in connection with state tax credits issued by the Iowa Film Office.

According to Iowa Attorney General Tom Miller those charged Monday (1/10) in Polk County Court were:

Keokuk agrees to address sewage overflows to Mississippi River

on Thu, 01/06/2011 - 23:21   by Editor

Issue similar to Bettendorf/Davenport problems

The city of Keokuk must begin addressing its raw sewage discharges into the Mississippi River under an agreement announced Wednesday (1/5) with the Iowa Department of Natural Resources (IDNR) and the U.S. Environmental Protection Agency (EPA).

Under the administrative compliance order, Keokuk will develop plans and begin work to upgrade its sewer and stormwater systems to reduce sewage overflows into the Mississippi and its tributary, Soap Creek.

City eyes $16.4 million in capital projects for fiscal 2011-12

on Mon, 12/20/2010 - 23:39   by Editor

More than $16 million in new capital projects -- from $350,000 for more downtown "streetscaping" to $2 million for widening of Tanglefoot east of Devils Glen Road -- are being recommended by Bettendorf's city staff.

The city administration's Community Improvement Program (CIP) request is the first step in devising a capital spending plan for the coming fiscal year beginning July 1, 2011.

Bettendorf anticipates $7 million for sewage treatment plant expansion

on Wed, 12/08/2010 - 23:33   by Editor

Bettendorf anticipates spending $7 million in fiscal 2013 as its share to expand Davenport's wastewater treatment plant to help end the regular practice of discharging untreated sewage into the Mississippi River.

Isle of Capri, Inc. loses $1 million, Moody's downgrades Isle rating

on Wed, 12/08/2010 - 00:56   by Editor

The Isle of Capri, Inc., owner of Isle of Capri Casino-Bettendorf and Rhythm City Casino-Davenport, lost $1 million - 3 cents per share - in the gambling firm's second quarter ended October 24.

The loss compares to earnings of $1.5 million, 5 cents per share, for the same period in 2009 when the company recorded a large $6 million income tax benefit.

Revenues at the Isle's casino, hotel and racetrack properties remain flat totaling $246.7 million for the second quarter, compared to $246.1 million for the same three-month period in 2009.

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