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RIA NEWS AUG 07, 2008
CLA awards finalists unveiled

Twelve finalists for the second annual Community Leadership Awards have been named.

RIA NEWS AUG 07, 2008
Turnaround seen in consumer confidence

Falling oil prices and a recovering stock market have halted the precipitous drop in consumer confidence prevalent throughout 2008, according to new data.

RIA NEWS AUG 07, 2008
Merrill plans $10 billion ARS buyback

The nation's largest brokerage firm will buy securities held by 30,000 clients.

ALTERNATIVES AUG 07, 2008
Pallotta planning to leave Tudor Investments

Jim Pallotta, a fund manager at Tudor Investment Corp., will start his own investment firm in 2009.

LIFE INSURANCE AND ANNUITIES AUG 07, 2008
Marsh & McLennan profits plunge 63%

Marsh & McLennan Cos. of New York reported that its second quarter profit fell 63%to $65 million, or 13 cents per share.

FIXED INCOME AUG 07, 2008
Industry group to address credit risk

In response to the credit crisis, a group of financial industry executives unveiled a plan today to improve risk management.

ALTERNATIVES AUG 07, 2008
Hedge fund index falls

The Hennessee Hedge Fund Index slipped 1.95% last month and was down 3.23% for the year-to-date.

ALTERNATIVES AUG 07, 2008
Pending sales index reports increases

The pending-home-sales index rose 5.3% in June, after hitting a six-year low in May, according the National Association of Realtors.

RIA NEWS AUG 07, 2008
Euro central bank leaves rates unchanged

The European Central Bank — the central bank for the Eurozone currency area — today decided to leave its three key benchmark interest rates unchanged.

MUTUAL FUNDS AUG 07, 2008
Newsletter releases ‘Fund Lemon List’

Products of some top fund companies included on Doug Fabian's roster.