Principal announces outlook for 2011
Principal Financial Group Inc. announced that the company expects 2011 operating earnings per share to range from $2.80 to $3 in its 2011 outlook released Wednesday.
The company said it expects an average Standard and Poor’s 500 index of 1,250 and a 9 to 10 percent increase in average assets under management. It expects operating losses of $100 million to $120 million in its corporate segment.
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