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After a year of record growth, Hartford Financial Services wants to expand its 529 college savings business over the next two years by increasing sales and, perhaps, in what would be a shift in strategy, by becoming a plan sponsor in another state.
March 24 -
While the storied Bear Stearns went up for a fire sale of $236 million to JPMorgan last week, less than one-tenth of its trading price, Bear hit another brick wall.
March 24 -
WASHINGTON-Few question the Federal Reserve Board's recent efforts to stabilize the economy, but plenty of people are wondering how much risk the central bank is taking.
March 24 -
Shareholders in a number of large Fidelity mutual funds, most notably the $73 billion Contrafund, succeeded in forcing a proxy vote at press time on whether the company should institute a "genocide-free" investment policy. Insiders did not expect, however, the unbinding measure to pass.
March 24 -
BOSTON-Asset managers will have to adapt their techniques and operations beyond their current business models to survive the shifting demands in the retirement product marketplace.
March 24 -
Since the March 16 buyout of Bear Stearns by JPMorgan Chase, Morgan scouts have been all over Bears staff, looking for the best and brightest members.
March 20 -
The price of crude oil and gold fell nearly 10% in less than 36 hours on Wednesday and Thursday, backfiring on investors who were using commodities as a hedge against inflation.
March 20 -
An exchange-traded note that shorted gold saw futures prices rise about 14% last week when gold prices plummeted.
March 20