Economy & Markets
The important economic and stock market news that advisors need to know.
Senior Facilities Companies Sail Through Choppy Seas
By Allison BellChanges in Medicare reimbursement policies may be rocking the boats but arent yet sinking them. The beds are busy.
November 04, 2011
Papandreou Reportedly to Step Down as Greek Prime MinisterGreece's drama on the international stage continued on Friday as a confidence vote, scheduled for later in the day, could end its prime minister's career whatever its outcome. Sources in Athens said that George Papandreou, acknowledging that his call earlier in the week for a referendum on the country's newest...
November 04, 2011
Genworth, Citizens, FBL Financial Post Earnings ResultsGenworth CEO Michael Fraizer says the company's third quarter earnings reflected improvement in its retirement and protection product sales and consistent international performance, excluding tax items.
November 04, 2011
U.S. Jobs Report Looks Good but Greece Fears Weigh on MarketsAn encouraging U.S. jobs report was not enough to give the markets a lift on Friday as worries about Greeces debt crisis continued to weigh on sentiment.
November 03, 2011
Putnam Bets on Capital Preservation in ‘Floating-NAV World’Investors have taken a trillion dollars in assets out of money market funds since the Lehman crisis in 2008 and now Putnam Investments is looking to create a new home for these discouraged investors seeking safety but balking at low yields.
November 03, 2011
Five Key Elections for Advisors to Watch in 2012: J.P. MorganAdvisors need to keep an eye on political elections around the globe next year, says Rebecca Patterson, J.P. Morgan Asset Managements chief markets strategist.
November 03, 2011
MetLife CEO Co-Leads Economic Policies Working Group at B20 MeetingMetLifes Kandarian said the B20 group urged policymakers to balance the need to prevent another financial crisis with a focused commitment to private-sector economic growth.
November 03, 2011
MetLife CEO Co-Leads Economic Policies Working Group at B20 MeetingMetLifes Kandarian said the B20 group urged policymakers to balance the need to prevent another financial crisis with a focused commitment to private-sector economic growth.