Economy & Markets
The important economic and stock market news that advisors need to know.
BISYS Reports Steady 1st Quarter Net Income
By Staff WriterNU Online News Service, April 22, 2003, 5:18 p.m. EDT -- The BISYS Group Inc., New York, is reporting $33 million in net income ...
April 13, 2003
The SPIA Comes Into Its OwnBy Frank J. HowellOver the past several years, single premium immediate annuities (SPIAs) have quietly become the unsung heroes of the financial services industry. With ...
April 11, 2003
Brown Reports Higher 1st Quarter Net IncomeNU Online News Service, April 11, 2003, 12:31 p.m. EDT -- Brown & Brown Inc., Daytona Beach, Fla., is reporting $31 million in net ...
April 02, 2003
A Market Bounce with Staying PowerMarch '03 will go down in market history as the month that could have been. The start of the long-anticipated war in Iraq and a host of analyst upgrades resulted in an impressive 15% rally from the market's mid-month lows.
April 02, 2003
T. Rowe Price Reopens International Discovery FundApril 1, 2003 -- The T Rowe Price Internatl Discovery Fund (PRIDX) reopened to some new investors yesterday after being closed for three years. The fund...
April 01, 2003
Penn Treaty Reports 4th Quarter Net IncomeNU Online News Service, April 1, 2003, 5:05 p.m. EST -- Penn Treaty American Corp., Allentown, Pa., is reporting $894,000 in net income for ...
March 30, 2003
401(k) Money Ambles To Fixed OptionsByParticipants in 401(k) plans are moving money to fixed income options, but at a pace that is more of an amble than a stampede, according ...
March 26, 2003
AEGON Reports $4.4 Billion In U.S. Losses And ChargesNU Online News Service, March 26, 2003, 4:50 p.m. EST -- AEGON N.V., The Hague, Netherlands, says it would have reported the equivalent of ...