SD Retirement System sees 14.9 percent investment return
April 4, 2013 in The Daily Republic
If that level of investment return holds through the end of the financial year, the system will be fully funded by June 30.
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Cement plant retirees could face lump-sum payouts
April 4, 2013 in The Daily Republic
The system is still many millions of dollars short of what is expected to be needed to meet all of its obligations for decades to come.
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SD state retirement system’s assets grow to all-time high
February 12, 2013 in The Daily Republic
PIERRE The South Dakota Retirement System’s assets have grown to an all-time high after earning 12.4 percent on investments through the first seven months of the financial year, an official said Monday.
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Study links mutual fund decisions with religion
September 28, 2012 in Grand Forks Herald
Faith plays a major role in many Americans’ lives, affecting their outlook on morality, politics and even — according to a new study — investing. Continue Reading
Facebook hits new low as IPO lock-up ends
August 16, 2012 in Grand Forks Herald
Facebook’s stock plunged to a new low Thursday as some of the social networking leader’s early backers got their first chance to sell their shares since the company’s initial public offering went awry. Continue Reading
FOTB: ND native John Zimmerman puts oil investments to work
May 19, 2012 in The Dickinson Press
WILLISTON John Zimmerman brings his Wall Street expertise to North Dakota oil fields. Continue Reading
Conference connects investors with challenges, opportunities in Bakken
March 28, 2012 in The Dickinson Press
WILLISTON Jeff Zarling, president of a Williston communications firm, said he often fields calls from people asking about “the Bacon.” Continue Reading
Minnesota Angel tax credit program helped create 102 new jobs in 2011
March 20, 2012 in Grand Forks Herald
The program gave about $15.8 million worth of tax credits to investors, after investors put in $63.1 million into 113 Minnesota start-ups last year. The program has brought in a total of 162 jobs since it started in the summer of 2010, the report said. But whether the program can keep up its pace remains unclear. Continue Reading
Producers invest profits in bins, other large items
February 17, 2012 in The Daily Republic
Monster harvests, strong crop prices and favorable tax policy are creating cash that farmers are using to invest in giant grain bins, farm machinery and new buildings. Continue Reading
State retirement system faces a deficit again
December 8, 2011 in The Daily Republic
The market values of the public-pension plan’s investments are down about 5 percent from where they stood July 1, state investment officer Matt Clark reported Thursday. Continue Reading
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