Economy & Markets
The important economic and stock market news that advisors need to know.
Phoenix Appoints New CFO
By Staff WriterNU Online News Service, Nov. 20, 2003, 1:05 p.m. EST -- The Phoenix Companies Inc., Hartford, announced the appointment of Michael E. Haylon, 45, ...
November 17, 2003
BrokerTec to Suspend Trading Operations Nov. 26JERSEY CITY, NJ (HedgeWorld.com)--BrokerTec Futures Exchange LLC announced that it will suspend trading operations at the close of business on Wednesday, Nov. 26--the beginning of...
November 14, 2003
ING Reports Higher North American ProfitsNU Online News Service, Nov. 14, 2003, 7:08 p.m. EST -- ING Groep N.V., Amsterdam, is reporting the equivalent of $1.1 billion in net ...
November 14, 2003
N.C. Blue More Than Doubles Net IncomeNU Online News Service, Nov. 14, 2003, 12:31 p.m. EST -- Blue Cross and Blue Shield of North Carolina, Chapel Hill, N.C., is reporting ...
November 06, 2003
MAMSI Increases 3Q Net More Than 200%NU Online News Service, Nov. 6, 2003, 4:14 p.m. EST -- Mid Atlantic Medical Services Inc., Rockville, Md., says increases in the rates customers ...
November 06, 2003
AEGON Overcomes Weak Dollar, Increases 3Q Net IncomeNU Online News Service, Nov. 6, 2003, 5:20 p.m. EST -- AEGON N.V., The Hague, Netherlands, says strong results at its U.S. operations and ...
November 05, 2003
Investment Gains Aid AmerUs 3Q EarningsNU Online News Service, Nov. 5, 2003, 11:34 a.m. EST -- AmerUs Group Company, Des Moines, Iowa, says improvement in credit conditions helped it ...
November 05, 2003
The Mathematics of a Market RallyAs reported in earlier editions of this newsletter, a plethora of investment gurus, including such luminaries as Berkshire Hathaway's Warren Buffett and First Quadrant's Robert Arnott, have stated that equity returns going forward will be significantly lower than the spectacular run of the last two decades.