Results for "earnings"

Displaying 502 results

Sort: Date | Relevance

Author:

Raymond James adds 200 advisers in fiscal 2017

October 26, 2017

Raymond James Financial's net addition of 200 advisers, to a record 7,346, helped it post record revenue and net income for its fourth quarter, ended Sept. 30, and its fiscal year. The company said that the growth of assets in fee-based accounts,...

Ameriprise attracts 88 advisers in third quarter

October 25, 2017

Eighty-eight advisers joined Ameriprise Financial Inc. from other firms in the third quarter, in addition to 215 who joined the firm as part of the acquisition of Investment Professionals Inc., Ameriprise said in announcing its third-quarter...

Jeffrey Saut: Be conservative, but not conventional

April 17, 2012

The following is an excerpt from the commentary of Jeffrey Saut, Chief Investment Strategist and Managing Director of Equity Research at Raymond James & Associates, for Monday, April 16. To read the full commentary, click here. Since the SPX's...

U.S. companies having best earnings season in 13 years

August 11, 2017

Overseas demand is driving the best earnings season for U.S. companies in 13 years, with top executives from Dow Chemical Co. to Morgan Stanley citing rising foreign sales, a dynamic that should help propel gains in the second half. With nearly...

LPL's head count drops by almost 100 advisers in 2Q

July 28, 2017

LPL Financial, a recruiting powerhouse, said today it lost nearly 100 advisers since the end of March, reducing its head count of brokers and advisers to 14,256. That's down 98 from the end of the first quarter but an increase of 63 over the...

Wells Fargo scandal cost the bank another 225 reps

April 13, 2017

The fallout surrounding Wells Fargo & Co.'s infamous practice of opening checking and credit accounts that customers didn't know about continues to hurt the bank's reputation, but apparently not it's bottom line. The first-quarter earnings report,...

BofA wealth management untouched by 2Q losses

July 24, 2011

Bank of America Corp. continues to invest in its wealth management division while reining in other lines of business to prepare for new Basel III capital requirements. BofA posted a record quarterly loss of $8.83 billion last week, due in part...

National Financial Partners and its firms struggle

November 9, 2008

National Financial Partners Corp., the amalgamator of financial planning firms whose shares have plunged 90.7% in the past 52 weeks, is renegotiating its bank credit lines, suspending its dividend and share buybacks and temporarily ceasing acquisitions...

Suds stocks' flat returns go down smooth

October 5, 2008

Beer drinkers are keeping their mugs full even as the economy heads south and Wall Street suffers week after week. Market veterans say beer stocks and other so-called sin stocks outperform the market during periods of economic downturn because...

WaMu's executive bonuses ignite backlash

March 17, 2008

Washington Mutual Inc.'s annual shareholder meeting April 15 will be no love fest. Last month, an investor group targeted the Seattle company's risk committee directors with a "no" vote campaign, claiming that their failure to manage mortgage-related...

Morgan Stanley advisers hit revenue record in fourth quarter

January 17, 2017

Morgan Stanley's 15,763 advisers hit an all-time best in productivity during the fourth quarter of 2016, generating average annualized revenue — fees and commissions — per adviser of more than $1 million. The firm's wealth management unit...

Will cash-rich Apple peel off a few bills for shareholders?

February 29, 2012

Apple Inc. (AAPL), approaching a $500 billion market capitalization, will probably start paying a dividend this year, attempting to appease investors who have said the electronics maker is hoarding too much cash. The company is likely to declare...

Third-quarter weak for wealth division at Wells Fargo

January 22, 2012

Wells Fargo & Co. last week reported weak fourth-quarter results for its wealth management division, reflecting the impact of volatile investment markets and reduced customer activity in the firm's giant brokerage business. Overall, the bank...

Higher earnings are creating a dividend bonanza

March 20, 2011

Record earnings fueled by the highest profit margins since 1993 are giving executives more leeway than ever to boost dividends as the bull market enters its third year. Margins will climb to 8.9% this year, the highest level in at least 18 years,...

Corporate earnings will eclipse expectations, optimists contend

December 20, 2009

Forget the “new normal” of lower profit growth. Many market watchers expect corporate profits to surpass even the present rosy expectations, due to aggressive expense control and improved demand. This optimism stands in contrast to the view...

TD Ameritrade keeps lid on RIA metrics

July 26, 2009

TD Ameritrade Holding Corp. reported a better-than-expected fiscal-third-quarter profit last week, but company executives had little to say about the firm's business for servicing independent registered investment advisers. “We don't see a...

LPL's earnings bounce back, but commission revenue continues to erode

April 28, 2016

LPL Financial Holdings Inc. reported flat first quarter earnings on a year-to-year basis Thursday, but they were a vast improvement from the previous quarter. LPL, which operates the nation's largest independent broker-dealer, reported net income...

UBS Wealth Management Americas sees record profit in boost from fee-based assets, lending

October 28, 2016

UBS Group AG's wealth management business in the Americas posted record profitability in the third quarter even as it saw the lowest third-quarter volume in client transactions since 2009. The unit produced unprecedented pretax profit of $328...

Buy on bad news

December 21, 2014

A well-known Wall Street adage is a piece of wisdom that's worth reminding clients about periodically: Buy on bad news, sell on good news. In other words, when others are selling, think about buying. Investors who bought into the stock market...

Raymond James, Ameriprise deliver higher profits, helped by adviser growth, wealth management

October 29, 2014

Raymond James Financial Inc. and Ameriprise Financial Inc. — owners of two of the largest publicly traded, full-service broker-dealers in the U.S. — posted quarterly profit gains, helped by adviser growth, robust markets and wealth management....

Next Page »

1 | 2 | 3 | 4 | 5 ... 26