NU Online News Service, Aug. 7, 4:02 p.m. – Principal Financial Group Inc., Des Moines, Iowa, is reporting $120 million in net income for the second quarter on $2.5 billion in revenue, up from $119 million in net income on $2.2 billion in revenue for the second quarter of 2001.
The latest net results include $70 million in investment losses.
Operating income, which excludes the investment losses, held steady at $190 million.