Economy & Markets
The important economic and stock market news that advisors need to know.
Bank Insurance Fee Income Off Slightly Through Third Quarter 2003
By Michael D. WhiteBank Insurance Fee Income Off Slightly Through Third Quarter 2003Bank insurance fee income fell slightly through the third quarter of 2003 compared to the same ...
February 09, 2004
VA Gains Help Lincoln Net IncomeNU Online News Service, Feb. 9, 2004, 6:13 p.m. EST -- Strong variable annuity sales helped Lincoln National Corp., Philadelphia, increase its profits in ...
February 05, 2004
More Barometric FollyWith the first month of the year showing impressive returns for nearly every size and valuation segment of the market, the excitement of the fans of the so-called "January Barometer" can hardly be contained.
February 05, 2004
Hancock Pulls Back From Annuity MarketNU Online News Service, Feb. 5, 2004, 6:01 p.m. EST -- John Hancock Financial Services Inc., Boston, says the annuity market was too risky ...
February 01, 2004
2003's Top Performing FundsThe mutual funds (all at least three years old) that posted the highest returns within the 12 S&P categories in 2003. Category Fund Return in '03...
February 01, 2004
(No) Performance AnxietyFund Type 1YR 3YR 5YR 10YR 20YR Early VC-26%-22%48%38%20% Later VC-45%-22%7%20%14% All Venture-27%-20%24%26%16% Buyouts3%-6%6%9%12% Mezzanine4%2%6%8%10% All PE-7%-10%6%14%14% Nasdaq11%-26%-3%9%13% S&P 500-2%-13%-3%8%12% Source: Thomson Venture...
January 30, 2004
Outsourcing Gains Help Hewitt ProfitsNU Online News Service, Jan. 30, 2004, 5:42 p.m. EST -- Hewitt Associates L.L.C. says an acquisition and higher outsourcing revenue helped it double ...
January 29, 2004
StanCorp Net Increases 31%NU Online News Service, Jan. 29, 2004, 6:09 p.m. EST -- StanCorp Financial Group Inc., Portland, Ore., says its profits increased 31% in the ...