A.M. Best has affirmed the financial strength rating (FSR) of A+
(Superior) and the issuer credit ratings (ICR) of “aa-” of Principal
Life Insurance Company (PLIC) and Principal National Life
Insurance Company .
By Katy Burne
A unit of CME Group Inc. tripled margin requirements for traders using futures tied to the Swiss franc, in the latest sign of financial institutions reacting to wild rides in the fallout from Switzerland's currency moves.
Leucadia National Corporation (NYSE: LUK) and FXCM (NYSE: FXCM) today
announced that Leucadia would be providing $300 million in cash to FXCM
and its subsidiaries (collectively "FXCM") that will permit FXCM to meet
its regulatory-capital requirements and continue normal operations after
yesterday’s loss of $225 million due to the unprecedented actions of the
Swiss National Bank.
By Jason Notte, MarketWatch
The 'swimsuit issue' has become a daily feature as competition intensifies
(Updates to add comment from SI.com's Andy Gray.)
When both skimpy photos and sports coverage have been readily available online for longer than most teens have been alive, why does Sports Illustrated still feel the need to sell one with the other?
By Catey Hill, MarketWatch
Credit card companies dangle plenty of alluring 5% cash-back offers in front of consumers, but they usually come with a big catch: the 5% is only for certain items (entertainment, dining out, gas, etc.) during certain times of the year.
By Quentin Fottrell, MarketWatch
Wet Seal filed for bankruptcy and RadioShack may be heading that way
For embattled employees of RadioShack, Wet Seal and other companies facing possible bankruptcy, the time to find a new job is long before the company goes under.
By Ryan Tracy, Victoria McGrane and Andrew Ackerman
The ripple effect of wild swings in the price of Switzerland's currency is a reminder the next threat to today's highly interconnected financial system could come from an unexpected place.
By Simon Clark
American billionaire Wilbur Ross bet the Greek economy was finally improving in April last year when he joined a group investing EUR1.33 billion ($1.55 billion) in lender Eurobank Ergasias SA.
Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial
bank, announced today that management will host a conference call to
review results of its 2014 fourth quarter and year ended December 31,
2014 on Thursday, January 22, 2015 at 10:00 AM ET .
LUBBOCK, Texas--An attorney for 26 people involved in an accident in which a freight train struck a veterans' parade float says they have settled their lawsuit against Union Pacific Corp.
Interactive Intelligence Group Inc. (Nasdaq: ININ), a global provider of
software and services for communications, collaboration and customer
engagement, will issue its 2014 fourth-quarter and full year financial
results for the period ended Dec.
By Juhana Rossi And Kjetil Malkenes Hovland
OSLO--Norwegian telecommunications operator Telenor ASA said Friday it is seeking an explanation from VimpelCom Ltd., an Amsterdam-based telecoms operator in which Telenor is a minority owner, about what Telenor described as bribery allegations linked to a probe involving VimpelCom's business in Uzbekistan.
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