The index of leading indicators that gauges future business activity fell 0.3% in February, the fifth straight month of decline.
Firms with less than $500 million in assets under management have been most affected, said David DeVoe, senior director of mergers and acquisitions for Schwab Institutional in San Francisco.
W.P. Carey & Co. was accused of selling more than $235 million of an affiliated REIT's shares without a registration statement.
The firm reported first-quarter net income of $1.5 billion, compared with $2.7 billion in the year-ago period.
The index for finished goods other than foods and energy moved up 0.5 percent after a 0.4% increase in January.
AIG will pay $13.5 million to settle an investigation involving its alleged sham reinsurance deal with General Re.
Goldman Sachs and Lehman Brother's profit fell more than 50% in the first quarter but managed to beat Wall Street estimates.
As U.S. markets sink lower, money managers are busy capitalizing on India's booming economy.
National Planning Holdings Inc. posted strong results for 2007, while Conseco Inc. posted a write-down for the fourth quarter.
Pets Best Insurance Services is bringing coverage to man's best friends through banks and employee benefit providers.
Companies holding auction-rate securities have a new escape option: an emerging secondary market for trading the now-illiquid instruments.
Due to a technical error, an old story about Robert R. Carter stepping down from his role as president of NFP Insurance Services Inc., ran in today's INDaily.
Washington Mutual Inc.'s annual shareholder meeting April 15 will be no love fest.
Jackson National Life reported today a 14% earnings increase and $4.1 billion in revenue for 2007.
U.S. consumer sentiment has slipped to its lowest level since 1992, according to a University of Michigan/Reuters survey.
Cheaper gas prices were a major reason the consumer price index was unchanged in February.
"it looks to me, [recession is] what we're in right now, JPMorgan Chase chairman and CEO James Dimon said.
With gas prices soaring and the economy struggling, retail sales slid 0.6% in February.
Estimated sales of book value annuities totaled $6.9 billion, while sales of indexed annuities totaled $6.3 billion.
