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SmarTrend(R) News Watch: Principal Financial Group to Layoff 75 More EmployeesApr 30, 2009 (SmarTrend(R) News Watch via COMTEX) -- Principal Financial Group (NYSE:PFG) announced Thursday that it is going to cut 75 more jobs related to its global asset management division located in Des Moines, Iowa. "Market conditions continue to create pressure and challenges for all asset managers, including Principal Global Investors," company spokeswoman Susan Houser said. "We've adapted to changes as business opportunities have continued to decline over recent months." --------------------------------------------------------------------------------------------- SmarTrend scans over 5,000 stocks daily and alerts you when a change in trend is identified. Get a free trial of our trading calls at http://www.TradeTheTrend.com. Get exclusive insight into how the market is expected to perform...before the market opens. Sign up for our free daily market analysis newsletter: http://www.TradeTheTrend.com/signup.html SmarTrend is a registered trademark of Comtex News Network, Inc., a premier provider of relevant, licensed news and content to companies worldwide. Want licensed news on your website? Visit http://www.Comtex.com for a free trial. |