Economy & Markets
The important economic and stock market news that advisors need to know.
Principal Reports Lower 2Q Net Income
By Staff WriterNU Online News Service, Aug. 3, 2004, 5:15 p.m. EDTInvestment losses contributed to a drop in second-quarter profits at Principal Financial Group Inc., Des ...
August 01, 2004
Doing the Right ThingGeorge Schwartz had already established himself as a savvy money manager with his Schwartz Value Fund (RCMFX) and had an impressive roster of private clients...
July 30, 2004
N.Y. Life To Acquire Pareto Fixed-Income UnitNU Online News Service, July 30, 2004, 1:23 p.m. EDTA unit of New York Life Insurance Company has agreed to acquire a fixed-income asset ...
July 29, 2004
U.S. Individual Income Falls 5.1%NU Online News Service, July 29, 2004, 1:32 a.m. EDTTotal U.S. adjusted gross individual income fell 5.1% between 2000 and 2002, to $6 trillion.[@@]Income ...
July 29, 2004
Benefits Unit Outshines Sisters At Jefferson-PilotNU Online News Service, July 29, 2004, 6:32 p.m. EDTThe employee benefits unit was the start at Jefferson-Pilot Corp., Greensboro, N.C., during the second ...
July 29, 2004
SOX Cuts Clark ProfitsNU Online News Service, July 29, 2004, 5:12 p.m. EDTThe new federal financial reporting rules took a bite out of profits at Clark Inc., ...
July 27, 2004
AEFA Helps American Express EarningsStrong investment and insurance sales boosted second-quarter profits at American Express Company, New York.[@@]The parent company is reporting $876 million in net income for ...
July 23, 2004
Fiserv Reports Higher 2Q Net IncomeNU Online News Service, July 23, 2004, 4:23 p.m. EDTHealth plan management services growth helped second-quarter profits at Fiserv Inc., Brookfield, Wis.[@@]The information management ...