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Principal Financial Group, Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Your first question comes from the line of Nigel Dally of Morgan Stanley. Nigel Dally – Morgan Stanley Great. Thank you. Good morning. First question, can you discuss the rationale behind the $250 million funding agreement with the Federal Home Loan Bank? Was...
The Principal Financial Group Ranks High on Annual List of Innovative Users of Technology
DES MOINES, Iowa -- The Principal Financial Group([R]) has once again made the InformationWeek 500 - a prestigious list of the most innovative users of information technology in the United States. The Principal([R]) ranked 9th this year, marking the fourth consecutive year The Principal([R]) has been recognized in the top...
S&P 500 Financials - Best and Worst of the Week
Hickey and Walters Bespoke submit: While some Financial stocks have been dealing with their fair share of turmoil this week, the sector itself hasn't had that bad of a week. As shown in the chart below, while the sector has come in some this week, it's still well...
Zacks Analyst Blog Highlights: National Semiconductor Corp., Watsco, Inc., Principal Financial Group, Genta Incorp. and United Therapeutics Corp
CHICAGO -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: National Semiconductor Corp. (NYSE: NSM), Watsco, Inc. (NYSE: WSO), Principal Financial...
Principal Financial Group, Inc. Q2 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Your first question is from Jimmy Bhullar with J.P. Morgan. Jimmy Bhullar – J.P. Morgan Securities Hi and thank you. I have a couple questions, both on the pension business. First, if you can talk about your pipeline in the FSA business given...
The Principal Financial Group a "Best Place to Work in Information Technology"
Seventh consecutive year on IDG's Computerworld ranking, top ten for female representation in IT DES MOINES, Iowa -- The Principal Financial Group([R])ranks 26th on this year's top 100 listing of International Data Group's IDG Computerworld "Best Places to Work in IT." This marks the seventh consecutive year the financial...
Americans Feel the Pinch: Spending Behaviors Change as Consumer Prices Continue to Rise
Americans Look to Pay Off Debts and Save -- Not Spend -- Their Economic Stimulus Checks DES MOINES, Iowa -- As Americans continue to feel the pinch from rising consumer prices, more are pinching pennies when it comes to spending on everyday items, according to the latest Principal Financial...
Plan Sponsors Highly Satisfied with Overall Service from the Principal Financial Group
The Principal ranked No. 1 among peers in four categories
The Principal Financial Group Announces CFO Succession
Terry Lillis Named Chief Financial Officer
The Principal Financial Group Enhances Term Life Insurance
New issue ages cater to the aging workforce
Holly Corporation Selects the Principal Financial Group for Defined Contribution Plan
DES MOINES, Iowa -- The Principal Financial Group([R]), one of the nation's 401k leaders1, has been selected by a major petroleum refiner and marketer as its defined contribution plan service provider, effective January 1, 2008.
Principal Financial Group, Inc. Q1 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions. Your first question is from Tom Kilmokie with Goldman Sachs. Tom Kilmokie Hi, good morning. Just a couple of quick questions, I guess number one you talked about capital little bit and I just wanted to kind of understand a little bit how that...
The Principal Financial Group Announces New Senior Vice President of the Health Division
DES MOINES, Iowa -- G. David Shafer has been named Senior Vice President of the Principal Financial Group([R]) health division. He will have direct oversight of the company's health insurance business.
Seco Tools Selects the Principal Financial Group for Integrated Retirement Plan
Combined plan assets total $90 million
The Principal Financial Group Named Number One Deferred Compensation Plan Record Keeper
For the third year in a row, The Principal tops PLANSPONSOR magazine's list
"Nu at the U" from the Principal Financial Group Offers Advice on Job Searching in a Tough Economy
DES MOINES, Iowa -- Principal Financial Group (NYSE: PFG):
Burns & McDonnell Selects the Principal Financial Group for Total Retirement Program
Combined plan assets total $770 million
Financial Frets Grow—Twice As Many Americans Believe U.S. is in Recession
One Bright Spot...Most Americans Expect a Payday From Uncle Sam DES MOINES, Iowa -- Twice as many American workers (42 percent) compared to fourth quarter 2007 (21 percent), now believe the U.S. economy is in a recession, according to the latest Principal Financial Well-Being IndexSM. And another 46 percent...
Irene Scalfani Joins the Principal Financial Group in Retirement Distribution
Scalfani to serve as Director of Alliance Management Group
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- Revenue (Fiscal Year) $10.9B
- Profit (Fiscal Year) $860.3M
- Incorporated: 2001
- CEO: Mr. Larry D. Zimpleman
Principal Financial Group is a provider of retirement savings, investment and insurance products and services, with $311.10 billion in assets under management as of Dec 31 2007. Co.'s U.S. and international operations concentrate primarily on asset management and accumulation. In addition, Co. provides a range of individual and group life insurance, group health insurance, individual and group disability insurance, and group dental and vision insurance. At Dec 31 2007, Co.'s businesses were organized into the following operating segments: U.S. Asset Accumulation; Global Asset Management; International Asset Management and Accumulation; and Life and Health Insurance.
Stock Quote
Board of Directors
Mr. J. Barry Griswell Chairman
Mr. Michael T. Dan
Dr. C. Daniel Gelatt Ph.D.
Ms. Sandra L. Helton
Mr. Larry D. Zimpleman
Ms. Betsy J. Bernard
Ms. Jocelyn Carter-Miller
Dr. Gary E. Costley Ph.D.
Mr. William T. Kerr
Mr. Richard L. Keyser
Mr. Arjun K. Mathrani
Ms. Elizabeth E. Tallett
Dr. Therese M. Vaughan Ph.D.
NAICS Code
Direct Health and Medical Insurance Carriers: 524114
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