Archive for Top Stories
Ameriprise Financial Announces Schedule for First Quarter 2019 Investor Conference Call and Annual Meeting of Shareholders
The second quarter began much the same as the first. Stocks surged higher last week on evidence of stabilizing global growth with little evidence of inflationary pressures. In the U.S., the S&P 500 rose 2.1 percent and the Nasdaq rose 2.7 percent. The EuroStoxx 50 index climbed 2.9, led by a 4.2 percent rise in the German Dax. The Nikkei climbed 2.8 percent, and emerging market stocks rose 2.6 percent, led by a 5 percent rise in the Shanghai Composite index. …read more
Read more here: Economic News is Constructive, but Not Conclusive
Ameriprise Financial Announces Agreement to Sell Auto & Home Business to American Family Insurance for $1.05 Billion
Global equity markets finally succumbed to the worry that economic activity is slowing. A lower growth target in China was followed by a sharp downgrade of growth expectations in the Eurozone by the European Central Bank (ECB), and a shockingly small gain in new jobs in the U.S. Taken together it was enough to push some investors to the sidelines, eager to take their profits from the rally off the December low, and wait for greater clarity on the economic outlook. It didn’t help that there was little news regarding the U.S.-China trade negotiations, causing speculation that progress had slowed. For the week, the MSCI All Country World index fell 2.1 percent, its first weekly loss in the past four, and just the second this year. Notably, the index fell on each of last week’s trading sessions and has now fallen in eight of the past nine. The same is true of the S&P 500. …read more
Read more here: Investors Wait for Clarity on the Global Economic Outlook
Minneapolis – (March 8, 2019) – Ameriprise Financial (NYSE: AMP) today released a new television ad that demonstrates the firm’s commitment to helping clients feel confident, connected and in control of their financial lives. The launch of the new 30-second spot, titled “Trust,” coincides with International Women’s Day. “Trust” depicts a woman reflecting on her long and trusted relationships with the women in her inner circle. Among this group is the woman’s Ameriprise advisor, Beth, who was referred to her by one of her closest friends. The spot conveys how Ameriprise advisors cultivate trusted relationships with their clients – by taking the time to understand what’s most important to them, and offering comprehensive advice and solutions to help them achieve their financial goals.