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The Hartford Beats Earnings Forecasts; SEC Launches Probe of Mutual-Fund Arm.
Knight Ridder/Tribune Business News, May, 2004
Tags: earnings forecast, Hartford Courant, mutual fund, SEC
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By Diane Levick, The Hartford Courant, Conn. Knight Ridder/Tribune Business News
May 5--The Hartford Financial Services Group Inc. reported Tuesday that first-quarter earnings beat forecasts, and that federal regulators have started a new probe of the company's annuity and mutual fund businesses.
The Hartford also raised earnings estimates for the full year as annuity sales jumped and new business increased in property-casualty lines.
The Hartford disclosed it has received subpoenas from the Securities and Exchange Commission, and that the agency's Division of ...
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