Morning Minutes: Stifel Q2 profits down by half, Missouri ranked among least healthy economies

Photos courtesy of (clockwise from top left) Stifel Financial and Wikimedia Commons
Photos courtesy of (clockwise from top left) Stifel Financial and Wikimedia Commons

Here are this morning’s top business headlines from across Missouri:

Stifel Financial reports steep drop in Q2 profits

Stifel Financial Corp., the St. Louis-based parent company of investment bank Stifel, Nicolaus & Co., reported a 52 percent drop in profits for the second quarter of its fiscal year. It says the cut comes from expenses related to its acquisition of Sterne Agee earlier in the year. Read more

Missouri ranked among nation’s least healthy economies

Missouri ranks 47th in the nation for the health of its state economy, according to a new report published by Business Insider. Kansas ranked 43rd in the same study. Read more

Missouri public defender requests an additional $10 million from Nixon

Missouri Public Defender Director Michael Barrett has requested an additional $10 million to help the agency support the state’s individuals who are charged with a crime who are also living in poverty. Read more

Disaster declaration approved for 68 Missouri counties

Nearly 70 Missouri counties have been approved for federal disaster assistance from severe storms and flash flooding in May, June and July. Read more

Heer’s redevelopment finally begins, includes ‘important announcement’

A ribbon-cutting ceremony will be held Tuesday at 10 a.m. to mark the grand opening of Heer’s Luxury Living, an 80-unit block of luxury rental housing and 18,000 square feet of commercial space in downtown Springfield. Read more

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