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Jon Raftis first heard about the Emmett J. Vaughan Institute of Risk Management and Insurance when he applied for an internship with a West Des Moines brokerage firm.
At the end of that interview, Raftis …
Nearly three-quarters of the 70 percent of the companies in the Standard & Poor’s 500 index that have reported their fourth-quarter results so far have beat analysts’ expectations, CNNMoney.com reported.
Profits for the S&P 500 …
The Principal Trust Target Date Collective Investment Funds, a target date investment series launched in July 2009 by Principal Trust Co. and developed exclusively for qualified retirement plans through a collective investment trust, recently exceeded …
Stock market operator NYSE Euronext Inc. said today that it is in “advanced discussions” about a possible merger with Germany’s Deutsche Boerse AG, which runs the Frankfurt stock exchange.
A possible all-stock deal would create …
Wells Fargo & Co. said it will reimburse customers who incurred fees at other banks’ automated teller machines after Wells Fargo’s network of 12,000 ATMs crashed Monday afternoon. A Wells Fargo spokeswoman told the Minneapolis-St. …
Principal Financial Group Inc. reported full-year 2010 operating earnings of $844.8 million, a 15 percent increase from 2009.
Net income available to stockholders was $666.3 million, a 13 percent increase over the prior year.
The …
R-T Specialty LLC said Monday that it is acquiring American E&S Insurance Brokers from Wells Fargo Insurance Services Inc. for undisclosed terms, according to Business Insurance.
R-T Specialty will acquire all operating assets and liabilities, …
Principal Financial Group Inc.’s mutual funds have scored third in the annual Barron’s/Lipper ranking of mutual fund families. Barron’s said Principal did well in mixed equity and world equity. Barron’s also noted that Principal “hasn’t …
Thomson Reuters said today that the value of takeovers worldwide was $351.6 billion in the first few weeks of the year, up 78 percent from the beginning of 2010 and the highest total since more …
Companies that fess up to bad earnings news face fewer shareholder lawsuits later, according to a University of Iowa study. Companies that wait until the last few weeks of a quarter to announce they will …
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