AABP EP Awards 728x90

Insurance

DSC 6869

Lowe’s needs some (home) improvement

Lowe’s Cos. Inc., the second-largest U.S. home improvement retailer, said today that net income and sales dropped in the first quarter as sagging home values crimped demand for remodeling projects, Bloomberg reported. Earnings were unchanged …

DSC 6869

Stocks drop amid dollar gain

Stocks fell this afternoon as the dollar gained ground and commodity prices retreated, CNNMoney.com reported.

All three indexes – the Standard & Poor’s 500, the Nasdaq composite and the Dow Jones industrial average – were …

DSC 6869

Global investors weigh in on budget deficit

Rejecting a fundamental stance of congressional Republicans, global investors think the U.S. government won’t be able to substantially cut its budget deficit without raising taxes, Bloomberg reported.

A Bloomberg Global Poll of 1,263 investors, traders …

13145

Selling electricity in Detroit is a challenge


Dear Mr. Berko,

I’ve been thinking of buying 300 shares of Detroit Edison. But when I try to look up the stock under Morningstar or Standard & Poor’s, I can’t find it. Did it change …

13174

If you really want to sell your jewelry, be cautious


Dear Mr. Berko,

My husband passed away a little over a year ago and left lots of silver commemorative coins, small silver bars, some gold coins, some very small gold bars and quite a few …

13175

A 200-page prospectus could be a warning


Dear Mr. Berko,

I was going to invest $80,000 in a MetLife variable annuity that guarantees a 6 percent annual return and 100 percent of my investment forever. But a friend of ours has recommended …

DSC 6869

Investor survey: Cash is hot, commodities not

Global investors have tempered their optimism about the U.S. and world economies and plan to put more of their money in cash and less in commodities during the next six months, a Bloomberg survey found.…

DSC 6869

What’s bad for reputation might be good for business at Goldman Sachs

Wall Street conventional wisdom holds that a sterling reputation is crucial to winning business and keeping clients. Goldman Sachs Group Inc. may be the exception, according to a new Bloomberg survey. Fifty-four percent of respondents …

DSC 6869

North Central Bancshares reports increase in first-quarter income

Fort Dodge-based North Central Bancshares Inc., holding company for First Federal Savings Bank of Iowa, announced that its net income for the first quarter was $690,000, compared with $629,000 for the same quarter a year …

DSC 6869

Mortgage servicers offer $5 billion settlement

Five major mortgage servicers, including Wells Fargo & Co., have proposed paying $5 billion to settle a probe of their foreclosure practices by state and federal officials. The banks made the proposal yesterday during settlement …