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Company/Trade Group News

With BP Investments, Pensions Win or Lose

by Editorial Staff

Wed, Jun 23, 2010

BP's falling share price has cost the NY state pension fund more than $30 million, but NJ's public pension fund earned a $5.5 million profit from its investment in BP plc.

Lincoln Financial to Repay U.S. Treasury Investment

by Editorial Staff

Wed, Jun 23, 2010

To repurchase almost $1 billion in preferred shares, Lincoln Financial Group is selling $335 million worth of common stock and up to $750 million of senior notes.

New VA Contracts from Smaller Issuers

by Kerry Pechter

Wed, Jun 23, 2010

After highlighting new VA contracts from big issuers last week, we now turn to four new products from second-tier or regional insurers, all of them with sturdy A-level strength ratings from Moody’s, Fitch and Standard & Poor’s.

You May Live in Interesting Times

You May Live in Interesting Times

by Kerry Pechter

Wed, Jun 02, 2010

Interest rate risk keeps us all in suspense. Here’s how executives at Vanguard, New York Life, Delta Global Advisors, Prudential Annuities, and Loomis, Sayles cope with the uncertainty.