Tax Planning
The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
Freddie Mac Reports Q2 Loss of $6 Billion to Common Stockholders
By Joyce HansonFreddie Mac reported a net loss attributable to common stockholders of $6.0 billion, or $1.85 per diluted common share, for the second quarter of 2010, compared to a net loss attributable to common stockholders of $8.0 billion.
August 06, 2010
Merrill Lynch Webcast Panelists: Expect Rise in U.S. TaxesWealthier taxpayers, not corporations, likely to bear the burden, say members of a panel hosted by BofA's Merrill Lynch.
August 06, 2010
AIG Posts $2.7 Billion Loss on Restructuring ChargesAmerican International Group reported a net loss of $2.7 billion for the second quarter of 2010, or $-3.96 per share, compared to net income of $1.8 billion, or $2.30 per share in the second quarter of 2009.
August 05, 2010
CIGNA Reports 32% Q2 Loss on Variable Annuity Business; Stock Rises Despite LossCIGNA Corp.'s second-quarter 2010 earnings fell 32% to $294 million, or $1.06 per share, compared to $435 million, or $1.58 per share, a year ago, the insurer reported Thursday, August 5.
August 05, 2010
AIG Reports $2.7B Loss in Second QuarterAmerican International Group (AIG) reported a second quarter net loss of $2.7 billion, compared to 2009 second quarter net income of $1.8 billion.
August 05, 2010
Merrill Lynch Webcast Panelists Expect U.S. Taxes to RiseMerrill Lynch Wealth Management assembled a panel of experts for a Webcast on Monday, July 19, to discuss why they believe taxes will rise, what form these increases are likely to take and how higher rates may affect taxpayers.
August 05, 2010
Fanne Mae Reports Q2 Net Loss of $1.2 BillionFannie Mae stock, which was delisted from the NYSE in June and now trades as penny stock in the over-the-counter market, reported a net loss of $1.2 billion in the second quarter of 2010.
August 02, 2010
Principal Financial Q2 Earnings DisappointDespite remaining in the black during the economic downturn, Principal Financial Group, Inc. reported disappointing second quarter earnings on Monday, August 2.