DES MOINES, IA: Given the continued uncertainty on Wall Street, some companies are “pre-releasing” their earnings in order to protect corporate reputations. It seems particularly important in the insurance space, where the taint of AIG's struggles are touching many.
The Principal Financial Group, which offers financial services and insurance, was one such example. It issued a press release October 13, giving audiences a preliminary look at its Q3 2008 results before earnings are announced in November.
This is the first time ...