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Insurance

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BERKO: Six strong companies – and some important ‘ifs’


Dear Mr. Berko:

I have $86,000 in CDs and have never been in the market. My new broker and I feel that the stock market will be great in 2012 and 2013, and he has …

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2011 Year in Review: Finance & Insurance


Insurance agents get more lenient professional standard

The passage of an insurance bill on April 19 nullified an Iowa Supreme Court ruling that had set a stricter standard for insurance agents’ professional responsibilities to their …

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2012 could be big IPO year

2012 could be big IPO year  Facebook Inc. and Yelp Inc. are set to lead the biggest year for U.S. initial public offerings (IPOs) by Internet companies since 1999, testing demand for IPOs after investors…
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BERKO: Two steady companies good for the long haul


Dear Mr. Berko:

We just came into a windfall of $14,000 and asked a broker what we should invest our money in. We told him that we are both 40 and have good jobs, but …

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European Central Bank lends record $645 billion

European Central Bank lends record $645 billion   The European Central Bank (ECB) will lend European banks a record amount for three years in its latest attempt to keep credit flowing to the economy during…
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Holmes Murphy announces leadership transition

Holmes Murphy announces leadership transition Holmes Murphy & Associates today announced several organizational changes as part of the company’s planned leadership perpetuation strategy. Daniel Keough will become CEO and Dennis Bishop will be president of…
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Jittery investors raise cash balances

Investors raised their cash reserves to the highest level in a year in December as they prepared for a jittery 2012 with growing concerns over the eurozone debt crisis, although some dipped back into cheap …

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Wells Fargo will acquire Irish lender

Wells Fargo & Co. said its banking operation has entered into a definitive agreement with Bank of Ireland to acquire Burdale Financial Holdings Ltd. and the portfolio of Burdale Capital Finance Inc., which represents approximately …

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Fortune 500 companies paid half the average state tax rate

Many Fortune 500 companies are paying less than the average state tax rate, according to an analysis released last week by the Citizens for Tax Justice (CTJ) and the Institute on Taxation and Economic Policy …

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BERKO: In these three companies, war is good for business


Dear Mr. Berko:

I would like to invest $14,000 in a defense stock. My broker recommended Lockheed Martin. But I know Raytheon and Northrop Grumman, recommended by another broker, are also defense stocks. How do …