International Business News - MMC http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Shares of insurance companies mostly rose Monday afternoon with the broader market as investors focused on the government's plan to bail out Citigroup Inc., despite an analyst revising a handful of estimates and price targets in the sector. http://www.ibtimes.com/articles/20081124/sector-snap-insurance-stocks.htm Mon, 24 Nov 2008 14:59:46 EST Putnam Investments said Monday it will cut 47 jobs, including 12 portfolio managers, and merge six of its stock mutual funds into larger funds under a restructuring by the company's new top executive. http://www.ibtimes.com/articles/20081117/putnam-investments-to-cut-47-jobs-merge-funds.htm Mon, 17 Nov 2008 18:30:47 EST Shares of some of the nation's biggest insurance companies fluctuated Monday as American International Group Inc., once the world's largest insurer before being hit hard by the meltdown in the credit markets, said continued financial market turmoil resulted in a steep third-quarter loss. http://www.ibtimes.com/articles/20081110/sector-snap-insurers-down-on-aig-bailout-3q-loss.htm Mon, 10 Nov 2008 14:07:46 EST Shares of some of the nation's biggest insurance companies fluctuated Wednesday as Wall Street stopped to catch its breath after the nation elected its 44th President. http://www.ibtimes.com/articles/20081105/sector-snap-insurers-mixed-on-3q-losses.htm Wed, 05 Nov 2008 13:19:47 EST Among the earnings stories for Wednesday, Nov. 5, from AP Financial Desk News: Top stories: http://www.ibtimes.com/articles/20081105/earnings-roundup-gmac-sara-lee.htm Wed, 05 Nov 2008 11:53:16 EST Insurance brokerage Marsh & McLennan Cos. on Wednesday reported a third-quarter loss, reversing a year-ago profit when it got a boost from the sale of Putnam Investments. Its results came in below Wall Street expectations, and Marsh shares skidded more than 12 percent in afternoon trading. http://www.ibtimes.com/articles/20081105/marsh-mclennan-swings-to-3q-loss.htm Wed, 05 Nov 2008 17:03:40 EST Major business events and economic events scheduled for Wednesday: NEW YORK--The Institute for Supply Management releases its non-manufacturing index for October, 10 a.m. http://www.ibtimes.com/articles/20081104/calendar-of-major-business-events-wednesday.htm Tue, 04 Nov 2008 11:49:07 EST Marsh & McLennan Cos. is scheduled to report its third-quarter results Wednesday before the market opens. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20081104/earnings-preview-marsh-mclennan-to-post-3q.htm Tue, 04 Nov 2008 07:55:56 EST Among the premarket stories for Monday, Nov. 3, from AP Financial News: WASHINGTON (AP)--An analyst on Monday recommended Boeing Co. investors sell their shares just as production workers were beginning to return to work after ending an eight-week strike. http://www.ibtimes.com/articles/20081103/premarket-roundup-boeing-costco.htm Mon, 03 Nov 2008 09:57:13 EST An analyst on Sunday added insurance brokers Marsh & McLennan Cos. and Aon Corp. to a top picks list while upgrading Brown & Brown Inc. and Arthur J Gallagher & Co. amid expectations for price stabilization. http://www.ibtimes.com/articles/20081103/ahead-of-the-bell-insurance-brokers.htm Mon, 03 Nov 2008 09:24:24 EST Major business events and economic reports scheduled for the coming month (some dates are tentative): SATURDAY, Nov. 1 http://www.ibtimes.com/articles/20081031/business-events-scheduled-for-the-coming-month.htm Fri, 31 Oct 2008 16:57:58 EDT Major business events and economic events scheduled for the coming week (some dates are tentative): SATURDAY, Nov. 1 http://www.ibtimes.com/articles/20081031/business-events-scheduled-for-the-coming-week.htm Fri, 31 Oct 2008 16:53:23 EDT Major companies tentatively scheduled to report quarterly earnings next week: http://www.ibtimes.com/articles/20081031/earnings-schedule-for-week-of-11-3-08.htm Fri, 31 Oct 2008 15:30:57 EDT The head of investments at mutual fund company Putnam Investments resigned Tuesday. The resignation comes five days after Boston-based company shut down one of its money market funds amid the market turmoil of last week. http://www.ibtimes.com/articles/20080923/putnam-investment-chief-kevin-cronin-resigns.htm Tue, 23 Sep 2008 18:33:31 EDT Shares of insurance companies finished mostly higher Friday--after extending a rally that began Thursday--as investors were heartened by a temporary ban on short selling and the federal government's plans to help rescue banks burdened by souring mortgage debt. http://www.ibtimes.com/articles/20080919/insurance-stocks-rally-on-governments-moves.htm Fri, 19 Sep 2008 16:39:58 EDT Putnam Investments on Thursday suddenly closed a $12 billion money-market fund and announced plans to return investors' money after institutional clients pulled out cash despite the fund's lack of exposure to troubled financial firms such as Lehman Brothers Holdings Inc. http://www.ibtimes.com/articles/20080919/putnam-fund-closes-after-investors-pull-cash.htm Fri, 19 Sep 2008 02:49:33 EDT Putnam Investments on Thursday suddenly closed a $12 billion money-market fund and announced plans to return investors' money after institutional clients pulled out cash despite the fund's lack of exposure to troubled financial firms such as Lehman Brothers Holdings Inc. http://www.ibtimes.com/articles/20080918/putnam-fund-closes-after-investors-pull-cash.htm Thu, 18 Sep 2008 16:46:35 EDT Shares of most property and casualty insurers traded lower on Monday as American International Group Inc. sought to stay in business and investors tallied the cost of Hurricane Ike. http://www.ibtimes.com/articles/20080915/sector-snap-insurers-decline-on-aig-ike.htm Mon, 15 Sep 2008 14:21:43 EDT Shares of major insurance companies slid Monday morning amid concern the world's largest insurer could need up to $40 billion to shore up its balance sheet. http://www.ibtimes.com/articles/20080915/insurance-stocks-slide-on-aig-lehman.htm Mon, 15 Sep 2008 10:03:34 EDT Shares of major insurance companies traded mostly lower Friday, as Hurricane Ike made its way to the Texas Gulf Coast and financial stocks declined amid worries about the health of balance sheets across Wall Street. http://www.ibtimes.com/articles/20080912/sector-snap-insurance-stocks-lower-ahead-of-ike.htm Fri, 12 Sep 2008 14:18:42 EDT