Economy & Markets
The important economic and stock market news that advisors need to know.
Marginal vs. Average Tax Rates
By Staff WriterAside from the fact that the newest tax rates have a less than six-year lifespan, the tax issue that continues to be missed by annuity ...
August 01, 2003
Small PackagesWhen it comes to running a mutual fund, every manager has an angle. Some may focus on an arcane logarithm, while others highlight a specific...
July 31, 2003
FBL Uses Swaps To Battle Shrinking Fixed Annuity SpreadsNU Online News Service, July 31, 2003, 1:17 p.m. EDT -- FBL Financial Group Inc., West Des Moines, Iowa, is the latest life insurer ...
July 30, 2003
BISYS Reports Lower 2nd Quarter Net IncomeNU Online News Service, July 30, 2003, 3:33 p.m. EDT -- The BISYS Group Inc., New York, is reporting $34 million in net income ...
July 30, 2003
First-Half AXA Results Look Better In DollarsNU Online News Service, July 30, 2003, 4:46 p.m. EDT -- AXA S.A., Paris, is reporting the equivalent of $54 billion in revenue for ...
July 30, 2003
Aetna Reports Higher Net Income On Lower RevenueNU Online News Service, July 30, 2003, 5:21 p.m. EDT -- Aetna Inc., Hartford, says moderation in pharmacy and medical cost increases and solid ...
July 28, 2003
Humana Reports Higher Profits, 13% Gain In Revenue Per MemberNU Online News Service, July 28, 2003, 5:43 p.m. EDT -- Humana Inc., Louisville, Ky., is reporting $69 million in net income for the ...
July 27, 2003
3% Of Banks Involved In Underwriting In First Quarter, Report ShowsOf 8,356 commercial banks and federally insured savings banks operating at the end of March, 251, or 3%, were engaged in insurance underwriting, according to ...