Economy & Markets
The important economic and stock market news that advisors need to know.
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 ...
July 27, 2003
Dalbar Finds Chasing Returns Causes Investors To StumbleDalbar Finds Chasing Returns Causes Investors To StumbleByEagerness to chase market returns continues to hurt mutual fund investors in their pocket books, says a new ...
July 24, 2003
Clark Reports Higher 2nd Quarter Net IncomeNU Online News Service, July 24, 2003, 12:42 p.m. EDT -- Clark Consulting Inc., Barrington, Ill., is reporting $2 million in net income for ...
July 24, 2003
Manulife Reports Higher 2nd Quarter Net IncomeNU Online News Service, July 24, 2003, 6:05 p.m. EDT -- Manulife Financial Corp., Toronto, is reporting the equivalent of $287 million in net ...
July 17, 2003
UnitedHealth Prospers As Group Customers StruggleNU Online News Service, July 17, 2003, 5:58 p.m. EDT -- UnitedHealth Group Inc., Minnetonka, Minn., did well during the second quarter even though ...
July 11, 2003
Auxier Focuses On Its Fallen FavoritesAn edited excerpt from the July 10, 2003, edition
July 10, 2003
Michael Corbett of Perritt Micro Cap OpportunitiesS&P Rank: 5 Stars June 30, 2003 Macro Gains from Micro Stocks Quick Take: Michael Corbett of the Perritt Micro Cap Opportunities Fund (PRCGX) likes trawling in largely...
July 06, 2003
VA Guarantees May Be 'Hot,' But For Reinsurers, NotVA Guarantees May Be Hot, But For Reinsurers, NotByThe word invariably used to describe guarantees in variable annuities is "hot," as in very popular. But ...