Economy & Markets
The important economic and stock market news that advisors need to know.
Earnings Results: Aflac, Ameriprise, Assurant Genworth, Principal, Symetra
By Warren S. HerschAflac Inc., Columbus, Ga. (NYSE: AFL) reported fourth quarter 2011 revenue of $6.0 billion, a 12.9% rise compared with $5.3 billion in the fourth quarter of 2010. Net earnings totaled $546 million, or $1.17 per diluted share, compared with $437 million, or $.92 per share, a year ago.
February 02, 2012
Robert Gates’ Warning for the World: TD Ameritrade ConferenceFormer Defense Secretary Robert Gates opened his keynote speech at the TD Ameritrade annual conference Thursday in Orlando with a series of rapid-fire one-liners worthy of Henny Youngman.
February 02, 2012
CBO Dissects Earning Power of Government vs. Private WorkersOne way presidential candidates have suggested to cut the federal deficit is by cutting the number of federal employees, saying that they are more highly paid than their private-sector counterparts. A recent study by the Congressional Budget Office shows that this is only partly true.
February 02, 2012
Tokyo Exchange Error Causes ProblemsThe exchange suffered its first major technical problem in six years on Thursday morning, causing an inability to trade during earnings season.
February 02, 2012
ECB Likely to Wait for Debt Deal on GreeceAny concessions the European Central Bank may choose to make on Greeces sovereign debt are likely to remain unknown until Athens comes to some sort of agreement with its private debt holders.
February 02, 2012
Wave of New Bank Failures PredictedAn analysis of the nations FDIC-insured banks has identified 758 banks at risk of failure over the next two years, while administrative innovation at the FDIC should result in the orderly failure of larger banks previously thought too big to fail.
February 02, 2012
Top 10 Favorite Super Bowl NumbersBehind the Super Bowl are myriad facts that help tell the story of the game, from the teams that play to the food scarfed down by fans to the value of the trophy that every team covets.
February 02, 2012
‘Long, Slow Recovery to Continue,’ Says TD’s Tomczyk: TD Ameritrade ConferenceCNBC news anchor Amanda Mandy Drury sat with TD Ameritrade President and CEO Fred Tomczyk for a revealing interview about the state of the global economy and where its headed, as well as the state of TD Ameritrade and its plans for the future.