Insurance

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 …

The Storm Lake-based parent company of MetaBank said today that a $1.5 million goodwill charge cut earnings for the first quarter of fiscal 2011 to $700,000, compared with earnings of $1.2 million in the first …

Warren Buffett’s Berkshire Hathaway Inc. said today that it will buy all of the remaining shares in Wesco Financial Corp. that it does not already own in a deal valued at $547.6 million. If Wesco …