Cedar Rapids, Iowa

InventHelp Inventor Develops Easy Way to Enjoy Aromatherapy at Work or School (KOC-1062)

Retrieved on: 
Tuesday, April 14, 2020

PITTSBURGH, April 14, 2020 /PRNewswire/ --"I wanted to create a discreet and easy way for people to enjoy aromatherapy at work or school," said an inventor from Cedar Rapids, Iowa, "so I invented EZ AROMA."

Key Points: 
  • PITTSBURGH, April 14, 2020 /PRNewswire/ --"I wanted to create a discreet and easy way for people to enjoy aromatherapy at work or school," said an inventor from Cedar Rapids, Iowa, "so I invented EZ AROMA."
  • The patent pending invention provides the benefits of aromatherapy while working in a classroom or office.
  • In doing so, it offers an alternative to traditional aromatherapy diffusers.
  • As a result, it could enhance comfort and it could help to reduce stress and anxiety.

Survey: Virus Hits Hard in North American Woodworking Sector

Retrieved on: 
Friday, April 3, 2020

CEDAR RAPIDS, Iowa, April 3, 2020 /PRNewswire/ --The $75 billion North American wood products industry faces serious to major impacts from the corona virus outbreak, but surprisingly remains largely optimistic about a recovery.

Key Points: 
  • CEDAR RAPIDS, Iowa, April 3, 2020 /PRNewswire/ --The $75 billion North American wood products industry faces serious to major impacts from the corona virus outbreak, but surprisingly remains largely optimistic about a recovery.
  • Nearly three quarters of respondents say the virus outbreak is already having a serious to major impact on their operations.
  • About one quarter of respondents (23.7 percent) said the outbreak is having only a minor impact on their business.
  • About Woodworking Network: Owned by CCI Media LLC, Cedar Rapids, Iowa, the Woodworking Network and FDMC magazine are the leading source for business information for the woodworking industry in North America.

Top Advisor Chris Graw Joins Carson Wealth in Cedar Rapids

Retrieved on: 
Tuesday, March 3, 2020

Graw also developed his succession plan in conjunction with the affiliation, and will be joining forces with the existing Carson Wealth office in Cedar Rapids, Iowa , headed by Russ Nieland, CFP, AIF.

Key Points: 
  • Graw also developed his succession plan in conjunction with the affiliation, and will be joining forces with the existing Carson Wealth office in Cedar Rapids, Iowa , headed by Russ Nieland, CFP, AIF.
  • As with other advisors who have affiliated with Carson Wealth, Graw and Nieland will maintain active majority ownership of the Cedar Rapids firm and will remain the strategic decision-makers for all business decisions.
  • Graw evaluated seven opportunities in a lengthy three-year research process before deciding to affiliate with Carson Wealth.
  • "Chris and Russ together are such a powerhouse duo," said Alex Rodawig, Managing Director and Head of Carson Wealth.

QCR Holdings, Inc. Announces a Cash Dividend of $0.06 Per Share

Retrieved on: 
Thursday, February 13, 2020

QCR Holdings, Inc., headquartered in Moline, Illinois, is a relationship-driven, multi-bank holding company serving the Quad Cities, Cedar Rapids, Cedar Valley, Des Moines/Ankeny, and Springfield communities through its wholly owned subsidiary banks.

Key Points: 
  • QCR Holdings, Inc., headquartered in Moline, Illinois, is a relationship-driven, multi-bank holding company serving the Quad Cities, Cedar Rapids, Cedar Valley, Des Moines/Ankeny, and Springfield communities through its wholly owned subsidiary banks.
  • The banks provide full-service commercial and consumer banking and trust and wealth management services.
  • Additionally, the Company serves the Waterloo/Cedar Falls, Iowa community through Community Bank & Trust, a division of Cedar Rapids Bank & Trust Company.
  • As of December 31, 2019, the Company had approximately $4.9 billion in assets, $3.7 billion in loans and $3.9 billion in deposits.

QCR Holdings, Inc. to Report Fourth Quarter and Fiscal Year 2019 Financial Results

Retrieved on: 
Thursday, January 9, 2020

MOLINE, Ill., Jan. 09, 2020 (GLOBE NEWSWIRE) -- QCR Holdings, Inc.(NASDAQ: QCRH) announced today that its fourth quarter and fiscal year ended December 31, 2019 earnings results will be released after the market closes on January 22, 2020.

Key Points: 
  • MOLINE, Ill., Jan. 09, 2020 (GLOBE NEWSWIRE) -- QCR Holdings, Inc.(NASDAQ: QCRH) announced today that its fourth quarter and fiscal year ended December 31, 2019 earnings results will be released after the market closes on January 22, 2020.
  • The Company will host a conference call and webcast the next day, January 23, 2020 at 10:00 a.m. central time to discuss the results.
  • Additionally, the Company serves the Waterloo/Cedar Falls, Iowa community through Community Bank & Trust, a division of Cedar Rapids Bank & Trust Company.
  • As of September 30, 2019, the Company had approximately $5.3 billion in assets, $3.6 billion in loans and $3.8 billion in deposits.

Ideal Computer Systems and C-Systems Software Inc. Welcome Eric Johnson and Dave Johnson to Oversee New OEM Initiatives

Retrieved on: 
Monday, December 23, 2019

CEDAR RAPIDS, Iowa, Dec. 23, 2019 /PRNewswire/ --Ideal Computer Systems and c-Systems Software Inc., two leading industry-specific dealership software vendors in North America, are pleased to welcome Eric Johnson and Dave Johnson who will be responsible for overseeing new and exciting Original Equipment Manufacturer (OEM) and other industry partner initiatives.

Key Points: 
  • CEDAR RAPIDS, Iowa, Dec. 23, 2019 /PRNewswire/ --Ideal Computer Systems and c-Systems Software Inc., two leading industry-specific dealership software vendors in North America, are pleased to welcome Eric Johnson and Dave Johnson who will be responsible for overseeing new and exciting Original Equipment Manufacturer (OEM) and other industry partner initiatives.
  • A former parts and service manager in several dealerships, Eric has over 25 years of experience in software development and data analysis.
  • "I hope to transform our business into one that uses accurate and timely data to inform every decision," said Eric.
  • "Dave and Eric are a great addition to our team," commented Ajay Thakur, General Manager of Ideal and c-Systems.

Forward Air Corporation Announces Acquisition of Linn Star Holdings, Inc., Linn Star Transfer, Inc., and Linn Star Logistics, LLC

Retrieved on: 
Thursday, December 12, 2019

It is anticipated that the transaction will be funded from cash on hand and will close in January 2020.

Key Points: 
  • It is anticipated that the transaction will be funded from cash on hand and will close in January 2020.
  • LSHI specializes in last mile logistics and in-home installation services for a range of national retailers and manufacturers.
  • LSHI is headquartered in Cedar Rapids, IA and has operations primarily in the Midwest and Southwest regions.
  • Tom Schmitt, Chairman, President and CEO, commenting on the acquisition said, I am thrilled to welcome all Linn Star team members to our family.

Quincy Media Inc. Expands Relationship with Comscore Across Cedar Rapids-Waterloo & Sioux City, IA

Retrieved on: 
Wednesday, December 11, 2019

RESTON, Va., Dec. 11, 2019 /PRNewswire/ --Comscore (Nasdaq: SCOR), a trusted partner for planning, transacting and evaluating media across platforms, today announced an agreement to provide Quincy Media's KWWL & KTIV with measurement services for their NBC & CW television stations in Cedar Rapids-Waterloo & Sioux City, IA.

Key Points: 
  • RESTON, Va., Dec. 11, 2019 /PRNewswire/ --Comscore (Nasdaq: SCOR), a trusted partner for planning, transacting and evaluating media across platforms, today announced an agreement to provide Quincy Media's KWWL & KTIV with measurement services for their NBC & CW television stations in Cedar Rapids-Waterloo & Sioux City, IA.
  • "We are proud to welcome KWWL & KTIV to the Comscore family," said Steve Walsh, Executive Vice President of Local Markets at Comscore.
  • "With the expansion all major local broadcasters are using Comscore in both markets."
  • Comscore (NASDAQ: SCOR) is a trusted partner for planning, transacting and evaluating media across platforms.

QCR Holdings, Inc. Completes Sale of the Operations of Rockford Bank & Trust

Retrieved on: 
Monday, December 2, 2019

The $46.9 million cash payment represents a purchase price premium of 34.5% of adjusted tangible pro-forma equity, or $12.5 million, pre-tax.

Key Points: 
  • The $46.9 million cash payment represents a purchase price premium of 34.5% of adjusted tangible pro-forma equity, or $12.5 million, pre-tax.
  • Quad City Bank & Trust Company, based in Bettendorf, Iowa, commenced operations in 1994, Cedar Rapids Bank & Trust Company, based in Cedar Rapids, Iowa, commenced operations in 2001, Community State Bank, based in Ankeny, Iowa, was acquired by the Company in 2016, Springfield First Community Bank, based in Springfield, Missouri, was acquired by the Company in 2018.
  • Additionally, the Company serves the Waterloo/Cedar Falls, Iowa community through Community Bank & Trust, a division of Cedar Rapids Bank & Trust Company.
  • These risks and uncertainties should be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements.

AM Best Downgrades Issuer Credit Ratings of California Insurance Company and Its Affiliates; Maintains Under Review With Negative Implications Status

Retrieved on: 
Thursday, October 31, 2019

AM Best has downgraded the Long-Term Issuer Credit Ratings to a from a+ and affirmed the Financial Strength Rating of A (Excellent) of California Insurance Company (Foster City, CA), Continental Indemnity Company (Cedar Rapids, IA), Illinois Insurance Company (Cedar Rapids, IA), Texas Insurance Company (Dallas, TX) and Pennsylvania Insurance Company (Cedar Rapids, IA).

Key Points: 
  • AM Best has downgraded the Long-Term Issuer Credit Ratings to a from a+ and affirmed the Financial Strength Rating of A (Excellent) of California Insurance Company (Foster City, CA), Continental Indemnity Company (Cedar Rapids, IA), Illinois Insurance Company (Cedar Rapids, IA), Texas Insurance Company (Dallas, TX) and Pennsylvania Insurance Company (Cedar Rapids, IA).
  • In addition, AM Best has maintained the under review with negative implications status on these Credit Ratings (ratings).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Bests Credit Ratings .
  • For information on the proper media use of Bests Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Bests Credit Ratings and AM Best Rating Action Press Releases .