Economy & Markets
The important economic and stock market news that advisors need to know.
BISYS Reports Fiscal 4th-Quarter Results
By Staff WriterNU Online News Service, Aug. 11, 2004, 10:35 a.m. EDTThe BISYS Group Inc. reports lower income but higher revenues for its fiscal 4th quarter ...
August 04, 2004
Investment Market Rebound Aids U.S. PensionsNU Online News Service, Aug. 4, 2004, 4:15 p.m. EDTThe 2003 investment market rebound improved the funded status of many large U.S. defined benefit ...
August 04, 2004
ACLI Praises Trade Talk FrameworkMembers of the World Trade Organization may be setting the stage for insurers to participate more actively in the growth of developing markets.[@@]The American ...
August 03, 2004
Principal Reports Lower 2Q Net IncomeNU Online News Service, Aug. 3, 2004, 5:15 p.m. EDTInvestment losses contributed to a drop in second-quarter profits at Principal Financial Group Inc., Des ...
August 01, 2004
Overseas, It Pays To Be SmallIn a lackluster year for foreign equities, small-cap stocks have outperformed. Year-to-date through July 5, the MSCI EAFE Small-Cap Index rose 10.9%, while the broader...
August 01, 2004
On Being ExceptionalIt was Alexis DeTocqueville who coined the phrase "American exceptionalism" after traveling the young United States in the early 1830s. There were a number of...
August 01, 2004
Doing the Right ThingGeorge Schwartz had already established himself as a savvy money manager with his Schwartz Value Fund (RCMFX) and had an impressive roster of private clients...
July 30, 2004
N.Y. Life To Acquire Pareto Fixed-Income UnitNU Online News Service, July 30, 2004, 1:23 p.m. EDTA unit of New York Life Insurance Company has agreed to acquire a fixed-income asset ...