A rocky history notwithstanding, the U.S. Global Investors Global Mega Trends Fund (MEGAX) hopes to turn the corner in 2009 by focusing heavily on infrastructure-related investing.
Standard and Poor’s Ratings Services today cut its credit ratings on AFLAC Inc., placing the Columbus, Ga., health carrier on CreditWatch with negative implications.
The deepening recession and rising unemployment took a toll on homebuilding giant Centex Corp. in the final three months of 2008 as the company saw new-home sales plunge 80%.
A bipartisan group of seven House members today sent a letter to Treasury secretary-designate Timothy Geithner, asking him to set up an office of insurance information if he is confirmed.
Tracking the value of a wine cellar full of “investments” will get a little easier starting Monday when the London International Vintners Exchange launches the Liv-ex Claret Chip Index, the first fine-wine weekly price index.
England officially entered into a recession in its fourth quarter, ended Dec. 31, according to data released today.
Gemini Fund Services will offer ReFlow Management’s redemption service to small and midsize mutual funds. The service will be integrated into Gemini’s transfer agency services, providing clients with direct access to the service.
Pacific Investment Management Co. of Newport Beach, Calif., has filed with the Securities and Exchange Commission to launch the Treasury Money Market and Government Money Market funds.
GE Asset Management Inc. of Stamford, Conn., today agreed to add the GE Investments Total Return Fund to Pacific Life Insurance Co.’s variable annuity platform.
