KAR Auction Services posts 4Q profit (AP)
AP – Used and salvaged vehicle auctioneer KAR Auction Services Inc.
Earnings roundup: Fannie Mae, NYMagic (AP)
AP – Among the earnings stories for Friday, Feb. 26, from AP Financial News:
NYMagic post 4Q profit on investment, sales gains (AP)
AP – Marine insurance provider NYMagic Inc. on Friday posted a fourth-quarter profit, reversing a year-ago loss, as the company sold more policies and saw positive returns on its investments.
Gap, AIG, CKE Restaurants are big movers (AP)
AP – Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
How the major stock indexes fared on Friday (AP)
AP – The stock market eked out a gain Friday as investors took downbeat economic news in stride.
Summary Box: Mixed reports hold back stock market (AP)
AP – WHAT HELD THE MARKET BACK: The government said the economy grew at a faster pace last quarter than it had estimated. But disappointing quarterly results from insurer American International Group Inc
Insurer Conseco posts 4Q profit, reversing a loss (AP)
AP – Conseco Inc., the parent of Banker’s Life and Casualty and Colonial Penn Life Insurance, on Friday posted a fourth-quarter profit, reversing last year’s loss, as sales rose 18 percent and the company lost less on investments than during the market downturn.
Insituform shares surge after 4Q profit (AP)
AP – Shares of Insituform Technologies Inc. surged Friday after the company reported a jump in fourth-quarter earnings and sales.
Why Toyota may cause higher interest rates
China is one of the largest holders of U.S. Treasurys.
AIG narrows 4Q loss, continues restructuring (AP)
AP – AIG said Friday it lost $8.87 billion in the fourth quarter as its general insurance business remained weak and the company ran up expenses from paying back government loans.