Bloomberg

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FINTECH JUL 14, 2008
Space industry expected to take off

Despite a slowing economy and some potential future funding obstacles, the space industry has nowhere to go but up, participants at a recent space industry conference said.

LIFE INSURANCE AND ANNUITIES JUL 14, 2008
Agents express concern about higher costs and loss of control over production

Insurance agents who work primarily with equity index annuities say the Securities and Exchange Commission's proposal to regulate the products as securities would impose greater costs on their firms and hand over control of their production to broker-dealers.

RIA NEWS JUL 11, 2008
Oil prices break new ground

Fears of short supply in the largest oil-producing nations and a weak dollar sent crude oil prices above the $147-per-barrel mark.

MUTUAL FUNDS JUL 11, 2008
Loomis to close small-cap value fund

The Loomis Sayles Small Cap Value Fund was launched May 13, 1991, and has $1 billion in assets under management.

FINTECH JUL 11, 2008
Tech scorecards, reporting and paper

Find out how much your employees are using various free tools available through schwabinstitutional.com.

OPINION JUL 11, 2008
Master limited partnerships: The income is worth the effort

RIA NEWS JUL 11, 2008
Trade gap narrows in May

The U.S. trade deficit contracted by 1.2% in May as the value of goods and services exported increased faster than those that were brought in.

MUTUAL FUNDS JUL 10, 2008
Study: Mutual fund proxy votes back management

Mutual funds voted in favor of management proposals more than 90% of the time in 2007, an ICI study found.

ALTERNATIVES JUL 10, 2008
Hedge fund puts freeze on withdrawals

Investors in Sandelman Partners $3.2 billion multistrategy hedge fund have been barred from making withdrawals.

RIA NEWS JUL 10, 2008
Stimulus checks goose sales

U.S. chain store sales rose 4.3% in June — the biggest gain in more than a year — aided by strong performances from discount stores.