The firm reported income of $53.3 million over the first nine months of the year, compared to $20.4 million a year ago.
Mutual funds might be forced to sell off lower-quality issues that carry a high rating due to insurance.
There will be delays for the 2007 tax year both in processing and sending out refunds to the taxpayer.
Monthly capital flows to the U.S. fell by $14.7 billion in September, marking the second consecutive monthly decline.
Union Labor Life Insurance Co. today settled with the Department of Labor, paying $20 million over alleged violations of federal employee benefits law.
Barclays Global Investors has launched eight new iShares international exchange traded funds.
National Financial Services has added seven insurance carriers to the company’s annuity program for B-Ds
the U.K. exchange reported operating profit up 41% to $78.6 million, and earnings per share up 48% to $0.73.
The CPI has increased 3.6% over the first 10 months of the year, compared to a 2.5% gain in all of 2006.
