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  • AXA First-Half Profit Falls, Says Capital Adequate Thursday, 7 Aug 2008 | 11:32 AM ET

    AXA Europe's second-biggest insurer, reported lower first-half net profit on Thursday although the earnings came in above the average market forecast and AXA said it needed no capital increase.

  • Wal-Mart, AIG Drag on Stocks Thursday, 7 Aug 2008 | 11:11 AM ET

    Stocks opened lower, clipped by a quartet of dismal news: a rise in jobless claims, oil's resurgence, Wal-Mart's sales miss and AIG's wider-than-expected loss.  But a better-than-expected report on home sales helped shave a few points off the decline.

  • Stocks Pare Losses After Home-Sales Report Thursday, 7 Aug 2008 | 10:21 AM ET

    Stock futures fell further after a report showed jobless claims unexpectedly rose last week. Futures had already been pointing lower as oil rose nearly $3 a barrel, Wal-Mart missed sales estimates and Dow component AIG posted a wider-than-expected loss.

  • European Insurer Allianz Abandons Profit Goal Thursday, 7 Aug 2008 | 12:07 AM ET

    Europe's biggest insurer Allianz abandoned its profit targets and said on Wednesday new guidance was impossible given financial market turmoil that kept its Dresdner Bank firmly in the red in the second quarter.

  • Earnings Fall Again Amid Mounting Losses On Derivatives Wednesday, 6 Aug 2008 | 6:56 PM ET

    American International Group reported a quarterly loss of 51 cents a share, falling far short of analysts' estimates, which had projected a profit for the company.

  • Ambac Shares Jump on Higher Net Profit Wednesday, 6 Aug 2008 | 8:48 AM ET

    Bond insurer Ambac Financial reported sharply higher quarterly net income on Wednesday on valuation gains on some securities, sending its shares up more than 12 percent in early trading.

  • Humana Profit Falls, But Raises Full-Year Target Monday, 4 Aug 2008 | 8:44 AM ET

    Health insurer Humana posted quarterly profit that beat estimates and lifted its 2008 forecast on Monday on better-than-expected results for its Medicare prescription drug plans for seniors, sending shares more than 4 percent higher.

  • Cigna Shares Fall After Unit Outlook Trimmed Friday, 1 Aug 2008 | 9:44 AM ET
    Cigna

    Health insurer Cigna posted better-than-expected quarterly profit Friday, helped by its Great West acquisition and operating expense controls, but cut the outlook for its main health-care segment.

  • The Good, The Bad, The Ugly of Euro Earnings Thursday, 31 Jul 2008 | 4:51 AM ET

    European earnings were mixed Thursday, with telecoms reporting results in line or above forecasts, while energy companies and financials posted profit declines or figures below market expectations.

  • Munich Re Warns on Profit, Shares Plunge Friday, 25 Jul 2008 | 7:49 AM ET

    German reinsurer Munich Re issued a profit warning on Friday, saying turmoil in global markets would hurt its second-quarter profit and result in a lower than forecast profit for the year as a whole.

  • How to Know If Your Money Is Safe Wednesday, 16 Jul 2008 | 3:36 PM ET

    Worried about your bank failing? Here's how to make sure you are protected.

  • Lilly's Sex Survey: Will It Have Desired Effect On Cialis? Wednesday, 16 Jul 2008 | 12:31 PM ET
    Lilly

    More than ten years after Pfizer brought Viagra to market and brought erectile dysfunction out of the closet a new survey says a lot of men are still too embarrassed to talk about impotence with their doctor.

  • Pfizer, Merck And Lilly Partner Up To Get "Enlightened" Thursday, 10 Jul 2008 | 10:30 AM ET

    Big pharma makes strange bedfellows. Pfizer, Merck and Eli Lilly this morning announced they've launched a joint venture of sorts called, "Enlight Biosciences". They're doing it with the help of the Boston-based VC firm PureTech Ventures.

  • Warren Buffett's reputation as a technophobe may be cracking.  Today he told CNBC he'll "probably" get an Amazon Kindle as he "edges" into the 21st century.  See the video clip and read the transcript of Julia Boorstin's Sun Valley conversation with Buffett about technology, the economy, Berkshire's stock slide, and Barack Obama's chances in November.

  • Australia's IAG to Scale Back UK Operations Tuesday, 8 Jul 2008 | 8:51 PM ET

    Insurance Australia Group, Australia's top home and car insurer, announced a partial exit from its struggling UK operations, taking a charge of $333 million in fiscal 2008.

  • Parts of a roof lie on the sidewalk as trees sway in the winds of Hurricane Wilma Monday, Oct. 24, 2005 in downtown Naples, Fla. Hurricane Wilma crashed ashore early Monday as a strong Category 3 storm, battering southwest Florida with 125 mph winds. (AP Photo/Wilfredo Lee)

    The state of Florida has reluctantly agreed to pay Warren Buffett's Berkshire Hathaway $224 million now, in exchange for a promise it will be able to borrow $4 billion from Berkshire later, if the state gets severely slammed by hurricanes this year.

  • Aetna, HealthNet Down on Goldman Downgrade Thursday, 3 Jul 2008 | 10:54 AM ET

    Aetna shares dropped 5 percent and Health Net tumbled 10 percent after a Goldman Sachs analyst slapped "sell" ratings on the two health insurers' stocks Thursday.

  • Ping An Insurance Denies Talk of Tax Audit Snags Wednesday, 2 Jul 2008 | 9:39 PM ET

    Ping An Insurance on Thursday denied rumors that it was facing problems related to a tax audit, after its shares in both Hong Kong and Shanghai tumbled 10 percent the previous day.

  • Biopharma Analyst Musical Chairs Wednesday, 2 Jul 2008 | 11:16 AM ET

    In the world of nearly 400 publicly-traded biotechs, analyst coverage is especially important. Many of the firms are micro caps and when an analyst initiates coverage it can help put a baby biotech on investor and reporter radar screens.

  • UnitedHealth Cuts Outlook, Blames Tough Competition Wednesday, 2 Jul 2008 | 9:07 AM ET
    United Health Group

    UnitedHealth Group on Wednesday slashed its full-year earnings outlook because of tough competition in the health benefits business and said it would pay more than $900 million to settle lawsuits related to past stock options practices.

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