Check out which companies are making headlines after the bell Thursday:» Read More
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Principal Financial Group said on Monday that earnings tumbled nearly 45 percent in the second quarter, hurt by capital losses tied to impaired fixed-income investments.
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The first days of the New Year bring Citigroup's Citi Investment Research Top Picks: The bank polled each of its fundamental analysts on a single best money-making idea for 2008, with the option of an additional small-cap pick. Citi says its 2007 list produced an average share price return of 16.7 percent, well ahead of the Standard and Poor's 500 average of 4.2 percent.
Principal Financial Group, one of the largest U.S. providers of retirement and life and health insurance, said on Monday that operating earnings rose nearly 23 percent in the third quarter, exceeding analysts' estimates, as assets under management surged.
Excluding items, Principal Financial reported earnings of 87 cents a share. A consensus analysts' estimate from Thomson Financial put the company's earnings at 93 cents a share.