AABP EP Awards 728x90

Insurance

14172

BERKO: Will Boeing soar or sour?

Dear Mr. Berko:

I bought 150 shares of Boeing this year at $66, and I think I may have made a mistake. I’m not sure if I should continue to own Boeing, and it’s nagging …

14176

Principal CEO steps up wellness efforts with running challenge

Larry Zimpleman is getting more of his colleagues at Principal Financial Group Inc. to lace up their running shoes and hit the streets. As part of a companywide wellness challenge this spring, Principal’s president and …

14178

BERKO: Rite Aid has wrong management formula

Dear Mr. Berko:

In 1986, you told me to buy five shares of Apple Inc., and I did at about $40 a share. It has split three times, and my first five shares have turned …

14179

BERKO: Gambling with your money

Dear Mr. Berko:

I have about $77,000 in a savings account, which earns less than 0.75 percent, and really need to improve my income. A broker I use occasionally recommends an Australian stock called Tattersalls, …

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Principal launches new municipal bond fund

Principal Financial Group Inc. has launched a new municipal bond fund, Prinicipal Opportunistic Municipal Fund (PMOAX), the company announced today.

The fund’s strategy provides the opportunity to invest across a broad range of credit qualities, …

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Meta Financial earnings up

Meta Financial Group Inc., the holding company for MetaBank and Meta Payment Systems, reported net earnings of $2.4 million for its third fiscal quarter, which ended June 30, compared with a net loss of $1 …

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Wells Fargo hosts SIFE national team

Wells Fargo & Co. officials in West Des Moines on Wednesday hosted the 2012 SIFE (Students in Free Enterprise) USA National Championship team from Belmont University in Nashville, Tenn., during its U.S. tour in preparation for …

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Credit unions originate record home loans

During the second quarter of 2012, U.S. credit unions originated their highest-ever loan volume, financial consulting company Callahan & Associates said in a release. Credit unions reported $84.5 billion in loan originations for the quarter …

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Wells Fargo pays $6.5 million to settle securities case

The Securities and Exchange Commission (SEC) on Tuesday charged Wells Fargo & Co.’s brokerage firm and a former vice president with selling investments tied to mortgage-backed securities without fully understanding their complexity or disclosing the …

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Some insurers subject to same standards as bank holding companies

Insurers that operate thrifts would be subject to the same capital standards as banks at the holding company level except for certain unique insurance activities under new capital standards being proposed by federal regulators.

The …