OVERLAND PARK, Kan., May 14, 2010 (BUSINESS WIRE) –In response to inquiries and published reports, Waddell & Reed Financial, Inc. /quotes/comstock/13*!wdr/quotes/nls/wdr (WDR 29.36, -0.38, -1.28%) today issued the following statement:
On May 6, as on many trading days, Waddell & Reed executed several trading strategies, including index futures contracts, as part of the normal operation of our flexible portfolio funds. Such trades often are executed in response to market activity, and are undertaken to protect fund investors from downside risk. We use futures trading as part of this strategy, broadly …

NEW YORK, may 03, 2010 (BUSINESS WIRE) –Pinnacle Resources, inc. announced today that it has formally changed its legal name to Iron Eagle Group, inc., has been assigned the new symbol of (OTCQB: IEAG), and redomiciled to Delaware.
Name Change: Pinnacle changed its name to Iron Eagle Group, inc. Management believes this new name will more accurately reflect corporate operations.
Ticker Change: in connection with the name change, Iron Eagle has received a new CUSIP and received a new ticker symbol from FINRA. the ticker symbol has changed from PNRR …

PITTSBURGH, Apr 09, 2010 (BUSINESS WIRE) –Atlas Energy, inc. /quotes/comstock/15*!atls/quotes/nls/atls (ATLS 38.25, +6.44, +20.25%) (“Atlas” or “the Company”) announces today its entry into a joint venture transaction with a wholly owned affiliate of Reliance Industries Limited (“Reliance”), the largest private sector company in India and a global energy leader, pursuant to which Atlas will transfer an interest in its Marcellus Shale position equal to 120,000 net acres in a transaction valued at $1.7 billion. Reliance will pay approximately $340 million in cash upon closing and an additional $1.36 billion in …

DES MOINES, Iowa, Apr 07, 2010 (BUSINESS WIRE) –When it comes to allocating retirement plan assets, investors range from those who say “do-it-for-me” to I’ll “do-it-myself.” Financial advisors who can help plan sponsors meet the range of participant needs stand out from the crowd.
A new “do-it-myself” educational asset allocation service from the Principal Financial Group(R) helps financial advisors do just that.
RetireView(SM) empowers plan sponsors–with the help from their financial advisors–to select and monitor the investment options that can help meet the diverse needs of their retirement plan participants. …

NEWARK, N.J., Mar 15, 2010 (BUSINESS WIRE) –This tax season provides some unique planning opportunities for retirement and financial planning purposes, according to Robert Fishbein, a vice president in Prudential Financial’s /quotes/comstock/13*!pru/quotes/nls/pru (PRU 56.03, +0.15, +0.27%) Tax Department.
With tax rates scheduled to increase next year, it may make sense to accelerate income into 2010 to pay tax at the lower tax rates in effect for that year, Fishbein explains. In this first in a series of three releases on tax planning tips, below is a list of ways to …

MINNEAPOLIS–(BUSINESS WIRE)–For the first time, Bloomington-based JNBA Financial Advisors has been named to Barron’s list of the 1,000 top advisors in the country. In the magazine’s state-by-state rankings released on February 22, Richard Brown, CEO of the independent, 30-year-old firm, was ranked fourth in Minnesota.
JNBA has twice been named one of the nation’s top-100 independent wealth advisors by Barron’s and the Winner’s Circle,* but never to the overall top-1,000 list. According to Brown, the fact that JNBA and other independent Registered Investment Advisors (RIAs) made this year’s list alongside traditional …

CHICAGO–(BUSINESS WIRE)–Grant Thornton LLP has released last-minute strategies that could help tax payers to avoid common filing season hassles and possibly uncover savings that may have been overlooked. the firm cautions tax payers that even though the filing deadline is upon us, there’s no need to panic.
“You can’t go back and change what happened last year, but believe it or not, there are still things you can do now to affect your 2009 tax return,” said Grant Thornton tax partner Mel Schwarz. “There are also several tax law changes that …

RYE, N.Y., Feb 09, 2010 (BUSINESS WIRE) —-AUM at December 31, 2009 were $26.3 billion up 30.4% from December 31, 2008
GAMCO Investors, inc. (GAMCO) /quotes/comstock/13*!gbl/quotes/nls/gbl (GBL 40.64, +0.91, +2.29%) announced fourth quarter 2009 earnings of $0.70 per fully diluted share versus a loss of $0.44 per fully diluted share in the fourth quarter 2008. Net income was $19.4 million in the fourth quarter 2009 compared to a loss of $12.1 million in the fourth quarter 2008. Assets under Management (AUM) were $26.3 billion as of December 31, 2009, 30.4% …

Addresses Social Security Solvency, Universal Coverage in Workplace Savings
BOSTON–(BUSINESS WIRE)– Speaking at the National Institute on Retirement Security in Washington, D.C. today, Robert L. Reynolds, President and Chief Executive Officer, Putnam Investments, urged Congress and the Obama administration to launch a comprehensive effort this year to strengthen all of America’s retirement savings systems, public and private.
Reynolds called for the establishment of a bipartisan commission to deliver an action plan to make Social Security solvent by the day after the 2010 election — to generate a more thoughtful, …