Economy & Markets
The important economic and stock market news that advisors need to know.
January 15, 2002
Wells Fargo Reports Higher Fourth-Quarter Net IncomeNU Online News Service, Jan. 15, 2:26 p.m. -- Wells Fargo & Company, San Francisco, is reporting $1.2 billion in net income for the ...
January 14, 2002
Hancock Sets Up Large Cap FundNU Online News Service, Jan. 14, 2:13 p.m. -- John Hancock Funds, Boston, is setting up a new mutual fund, the John Hancock Large ...
December 26, 2001
Benefits Administrator Hiring Sales ExecutivesNU Online News Service, Dec. 26, 12:45 p.m. -- Total Administrative Services Corp., Madison, Wis., a benefit plan administration company, says it will be ...
December 23, 2001
Winners All Around In NovemberBy Thomas K. MeakinInsurance and financial services stocks recorded their best gains since last May. The 121 stocks we priced in November staged a 5.04% ...
December 02, 2001
Pooled Income Funds: An Alternative To CRTsByPhilanthropic individuals have a broad and perhaps bewildering array of products and techniques available to express their intentions. Their gifts can be made in ...
December 02, 2001
'Win-Win-Win' Planning With Charitable Rremainder Trusts'Win-Win-Win' Planning With Charitable Remainder TrustsFor years in the life insurance community, it seemed that charitable planning was much like the weathereveryone talked about it, ...
November 26, 2001
U.S. Economy Officially In RecessionNU Online News Service, Nov. 26, 2:20 p.m. -- The National Bureau of Economic Research, Cambridge, Mass., a group widely considered to be the ...
November 16, 2001
GAO Publishes Report Older WorkersNU Online News Service, Nov. 16, 3:15 p.m. -- The General Accounting Office has a published a report recommending that federal agencies find ways ...
November 14, 2001
WellCare Reports Higher Net IncomeNU Online News Service, Nov. 14, 4:15 p.m. -- The WellCare Management Group Inc., Kingston, N.Y., is reporting $35,000 in net income for the ...
October 25, 2001
Sierra Reports Higher Operating IncomeNU Online News Service, Oct. 25, 3:48 p.m. -- Sierra Health Services Inc., Las Vegas, a managed care company, is reporting a net loss ...