Hartford Profit Beats Analysts’ Estimates as Prices IncreaseHartford Financial Services Group Inc., the seller of life insurance and property-casualty coverage, reported fourth-quarter profit that beat analysts’ estimates and said commercial pricing improved. Shares gained 1.7 percent in late trading.
Corporate Bonds Approach Record-Low Yields, $2.8 Billion PricesHigh-grade corporate bond issuance was a little subdued Tuesday as just three sizeable issuers took advantage of cheap financing in the U.S. credit markets, while in secondary trading, yields on the Barclays Capital investment-grade corporate bond index were close to hitting a record low.
Genstar Capital Announces Leadership PromotionsSAN FRANCISCO, Feb. 8, 2012 /PRNewswire/ -- Genstar Capital, LLC, a middle market private equity firm that focuses on investments in selected segments of the insurance and financial services, software, ...
Bonuses, profits and profiterolesThe banking results season gets into high gear this week as Barclays prepares to face the press, the public and its investors. With the firestorm over the bonus awarded to Royal Bank of Scotland's boss Stephen Hester barely having abated, it promises to be a fraught and fractious few weeks in the banking industry.
How to Save More Now With Savvy BudgetingBehavioral economists and psychologists have long noted that people are not wired well when it comes to making short-term sacrifices to achieve long-term goals. In an innovative research project published in the Journal of Marketing Research, consumers boosted their planned retirement investments after they viewed older versions of themselves using facial-aging software. The idea of investing in ...
AIA sizes up bid for $6 billion ING Asia insurance unit: sourceHONG KONG (Reuters) - AIA Group Ltd , Asia's No.3 insurer and about one-third owned by American International Group Inc , may bid for the $6 billion Asian insurance operations of ING Groep , sources said, with the prospective sale expected to draw heavy interest from rivals. AIA, which was the crown jewel in bailed-out insurer AIG's global business, has invited four banks to pitch for advisory ...
