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Securities America Inc. has made a splash in the roiling mergers and acquisitions market for independent broker-dealers, and it could make more waves soon.
Over the past six years, international stocks — those of companies from both developed countries and emerging markets — have outperformed U.S. stocks by a wide margin.
Because of slumping second-quarter sales of variable annuities, industry observers believe fixed annuities could benefit.
The practice of fine wine investing, which has appealed to wealthy and sophisticated collectors for ages, is coming out of the cellar and could emerge as a legitimate alternative-asset class.
Adam Levinson, who has been with Fortress since 2002, will join five principals who hold around 77% of the stock.
UBS AG has agreed to buy back $19.4 billion in auction rate securities on which the value collapsed in February.
Oil prices tumbled this morning on news of a stronger dollar, despite fears over a supply shortage after the threat of a terrorist attack.
The Principal Financial Group has released a white paper that examines the four methods of providing retirees with income.
In an arbitration case allegedly involving stolen stock, Wachovia Securities was ordered to pay clients $5.3 million in damages.
