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Prudential Financial Inc. has agreed to pay $615 million in cash to acquire the individual life insurance business of Hartford Financial Services Group Inc., LifeHealthPro reported. Prudential and Hartford said they hope to get the …
Math is hard. Just ask Bill Gross, managing director of fixed-income giant Pacific Investment Management Co. LLC (PIMCO), who was criticized in August for his claim that future real (i.e., inflation-adjusted) returns on stocks will …
Dear Mr. Berko:
Now that home construction and sales are growing again, I think furniture sales should improve dramatically. So the stock of a company called Furniture Brands International Inc. looks like a very good …
I’ve owned JPMorgan Chase & Co. for five years, and I need to know whether the lawsuits from this awful Libor scandal are going to hurt the bank and whether I should …
Wells Fargo & Co on Tuesday became the latest bank to suffer problems with its website amid heightened concerns about cyber attacks against U.S. financial institutions, Reuters reported.
The fourth-largest U.S. bank by assets confirmed that some …
Mike Underwood has been promoted to president of Guthrie County State Bank. Underwood joined the bank in 2005 and most recently served as chief financial officer and executive vice president.
He replaces Barry Monaghan, who …
Fortune magazine has recognized West Des Moines-based American Equity Investment Life Holding Co. as the 18th-fastest growing U.S. company on its Fortune 100 list. American Equity’s sales last year were more than $5 billion, while …
For more than a decade, my son-in-law has worked for a small New York bank with multiple locations, and he earns a good living. He has a responsible position, and though he …
In mid-2008, you recommended I buy 100 shares of AstraZeneca, which I did at $38. However, I am not pleased with the appreciation (less than 25 percent), because the Dow Jones industrial …
I bought 200 shares of Fastenal at $44 in 2010 and now have 400 shares after it split 2-for-1 the following year. Fastenal ran up to $55 this year, but I didn’t …
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