Economy & Markets
The important economic and stock market news that advisors need to know.
FBL Uses Swaps To Battle Shrinking Fixed Annuity Spreads
By Allison BellNU Online News Service, July 31, 2003, 1:17 p.m. EDT -- FBL Financial Group Inc., West Des Moines, Iowa, is the latest life insurer ...
July 30, 2003
Aetna Reports Higher Net Income On Lower RevenueNU Online News Service, July 30, 2003, 5:21 p.m. EDT -- Aetna Inc., Hartford, says moderation in pharmacy and medical cost increases and solid ...
July 28, 2003
Humana Reports Higher Profits, 13% Gain In Revenue Per MemberNU Online News Service, July 28, 2003, 5:43 p.m. EDT -- Humana Inc., Louisville, Ky., is reporting $69 million in net income for the ...
July 27, 2003
3% Of Banks Involved In Underwriting In First Quarter, Report ShowsOf 8,356 commercial banks and federally insured savings banks operating at the end of March, 251, or 3%, were engaged in insurance underwriting, according to ...
July 27, 2003
Dalbar Finds Chasing Returns Causes Investors To StumbleDalbar Finds Chasing Returns Causes Investors To StumbleByEagerness to chase market returns continues to hurt mutual fund investors in their pocket books, says a new ...
July 24, 2003
Clark Reports Higher 2nd Quarter Net IncomeNU Online News Service, July 24, 2003, 12:42 p.m. EDT -- Clark Consulting Inc., Barrington, Ill., is reporting $2 million in net income for ...
July 24, 2003
Manulife Reports Higher 2nd Quarter Net IncomeNU Online News Service, July 24, 2003, 6:05 p.m. EDT -- Manulife Financial Corp., Toronto, is reporting the equivalent of $287 million in net ...
July 17, 2003
UnitedHealth Prospers As Group Customers StruggleNU Online News Service, July 17, 2003, 5:58 p.m. EDT -- UnitedHealth Group Inc., Minnetonka, Minn., did well during the second quarter even though ...