SUN-SATIONAL BUT IS IT SUSTAINABLE? SUNAMERICA’S GROWTH THREATENED BY PRICE PRESSURES
Eli Broad's SunAmerica Inc. shined in 1997. Wall Street was hot on the company's stock, which peaked at…
Eli Broad's SunAmerica Inc. shined in 1997. Wall Street was hot on the company's stock, which peaked at $44.75 in early December, and sales of its core product, variable annuities, surged 44%.
But some experts see the firm's rise eclipsed by an impending price war, an almost singular focus on the a
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