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Insurance

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Google to pay FTC $22.5 million over privacy breach

Google Inc. agreed to pay $22.5 million, the largest fine ever given by the Federal Trade Commission (FTC), to settle allegations that it breached Apple Inc.’s Safari Internet browser.

The FTC alleged that Google deceived …

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Documents: U.S. banks were told to make plans to prevent collapse

Five of the largest U.S. banks were directed by regulators to develop recovery plans for staving off collapse if they faced serious financial problems in the midst of the recession, Reuters reported, citing documents it…
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Goldman Sachs walks away from accusations connected to alleged role in financial meltdown

The U.S. Justice Department said it will not pursue criminal charges against Goldman Sachs Group Inc. or its employees on accusations that the firm bet against the same subprime mortgage securities it was selling to …

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BERKO: Dividend growth versus bonds

Dear Mr. Berko:

My wife and I are 49, and both of us still have decent jobs. Both boys are out of the house, and we took your advice 12 years ago, advising the boys …

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BERKO: Listen to the ivory tower or the trenches?

Dear Mr. Berko:

Just two simple questions: How do you view the economy and stock market over the next five or so years? And how would you invest a sum of $125,000 for that time …

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BERKO: Washington Mutual earnings not enough to cover withdrawals

Dear Mr. Berko:

We are in our mid-70s. And on your recommendation, we bought 500 shares of SunTrust 7.87 percent preferred stock in 2009 at $17.20. It gave us $980, or 11.5 percent, in dividend …

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Principal partners with Big Ten

Principal Financial Group Inc. announced today that it will be an official partner of the Big Ten Conference through the 2014 athletics season.

Principal said in a press release that the partnership will allow it …

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Aviva USA operating profit increases

Aviva USA announced an operating profit of $175 million in the first half of 2012, up from $174 million in the same period of 2011.

Combined life and annuity sales grew 22 percent to $3.3 …

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CAPTRUST relocates West Des Moines office

CAPTRUST Financial Advisors, an independent retirement plan advisory firm, announced the relocation of its West Des Moines office to 4401 Westown Parkway.

The Iowa team was acquired by CAPTRUST in December 2010 from the financial …

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Coopera CEO receives two honors

Coopera CEO Miriam De Dios was recently recognized for her continued work to help credit unions reach and serve the Hispanic market. 

De Dios was awarded the prestigious WYCUP scholarship at the 2012 World Credit Union Conference …