News - mutual
Texas mutual Board Approves $150M Policyholder Dividend Distribution
23 May 2012, 4:34 pm
This afternoon, Texas
mutual Insurance Company’s board of directors approved the company’s plan to distribute $150 million in workers’ compensation dividends. This marks the 14th consecutive year the board has approved a dividend distribution to qualifying policyholder owners.
Lawmakers target big pay deals at mutual companies
23 May 2012, 3:22 am
Shocked that Liberty
mutual paid its former chief executive roughly $50 million a year, three Massachusetts senators proposed budget amendments to discourage other
mutual companies from awarding outsized pay packages. Senator Brian A. Joyce would require
mutual companies to publicly disclose compensation for top executives. Senator Mark C. Montigny would give policyholders a chance to vote on ...
Top 5 Zacks #1 Ranked Small-Cap mutual Funds
22 May 2012, 11:20 am
When investors have the willingness to take short term positions and the ability to bear a certain degree of risk, small-cap funds could be the correct choice.
Emerald Expands with mutual Fund Sales Team Addition
22 May 2012, 7:05 am
Emerald Asset Management, Inc., an investment holding company with approximately $2 billion in assets, has announced the return of a senior retail sales executive concurrent with the return of the Emerald
mutual Funds.
Early Facebook mutual fund buyers still in money
21 May 2012, 4:51 pm
(Reuters) - Fidelity Investments and other big
mutual fund families that were early backers of Facebook Inc are likely still winners despite the social network's troubled stock market debut. Facebook shares were priced at $38 per share in its initial public offering on Thursday. Despite an initial bump in their market debut on Friday, the shares fell on Monday, closing down 11 percent at $34.03 ...