Newton-based appliance giant Maytag says it was able to wring out a 23-percent increase in sales for the fourth quarter, but overall earnings still ended down from last year. Maytag chairman and C-E-O Ralph Hake says overall sales were up eight-point-two percent, but the company’s stock earnings were about half of last year’s three-dollars and seven cents. Hake expects the revenue picture to improve in 2002, as Hake predicts overall sales to increase 12 to 15-percent and earnings to increase by 20-percent. Hake says 2001 was more important strategically than it was financially, as Maytag purchased Amana. Hake expects the Amana division to add 20-cents per share to Maytag’s earnings this year.
- Plan to merge Des Moines Waterworks with other systems moving forward
- IDP chair says she’s focused on recruiting leaders for county parties
- Iowa State’s Contreraz wins Big-12 award
- Recommendation would merge or eliminate 111 state boards and commissions
- Railroad spokesman says crossing accidents increase with colder weather
FOLLOW US ON TWITTER
UNI receives grant to turn old photos into interactive exhibit
UNI receives grant to turn old photos into interactive exhibit - Radio Iowa
An archival photography project at the University of Northern Iowa has landed a federal grant to help its users ...
Home test - Radio Iowa
Unhealthy air detected in parts of the state from Canadian wildfire smoke
Unhealthy air detected in parts of the state from Canadian wildfire smoke - Radio Iowa
The wildfire smoke from Canada is back over Iowa once again. Brian Hutchins at the DNR Air Quality Bureau says ...
Banks in Sioux, Lyon County the target of check cashing fraud
Banks in Sioux, Lyon County the target of check cashing fraud - Radio Iowa
The Sioux and Lyon County Sheriff Departments are working with local police trying to identify individuals involved ...