Bloomberg

Bloomberg
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NEWS INDUSTRY NEWS NOV 27, 2007
Housing prices continue to slip

Prices of existing U.S. homes fell 4.5% in the third quarter, according to the S&P/Case-Shiller Home Price Indices.

RETIREMENT RETIREMENT PLANNING NOV 27, 2007
Citigroup sells stake to Abu Dhabi authority

Citigroup Inc. is selling a 4.9% stake to the Abu Dhabi Investment Authority, in a transaction valued at $7.5 billion.

NEWS INDUSTRY NEWS NOV 27, 2007
More model portfolio managers

The number of asset managers participating in model portfolio programs has doubled over the past four years.

NEWS INDUSTRY NEWS NOV 27, 2007
Fisher Investments enters publishing biz

Wiley and Fisher Investments create joint venture to publish books written by asset manager's employees.

NEWS INDUSTRY NEWS NOV 27, 2007
Astor sues Astor

The son of New York philanthropist Brooke Astor and his attorney are expected to be indicted due to their handling of her $198 million estate.

NEWS INDUSTRY NEWS NOV 27, 2007
Barclays to meet profit expectations

Barclays PLC said earnings will be in line with consensus, despite a £1.3 billion ($2.7 billion) write-down.

NEWS INDUSTRY NEWS NOV 27, 2007
Consumer confidence drifts down

Conference Board says worries about the stock market and rising gasoline prices led to 7.9-point drop in November.

NEWS INDUSTRY NEWS NOV 27, 2007
CD designed for 529s

Oregon's new certificate of deposit linked to the S&P 500 Index offers a guarantee and possible growth.

YOUR PRACTICE FINTECH NOV 26, 2007
At quirky Thrasher, investors can pick stocks and groove to the music

Charts displaying stock market activity or detailed stock analysis are common on investment or brokerage websites — an embedded music player would seem out of place.

RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 26, 2007
Is disinterest in retirement products problematic?

Financial advisers lack interest in new retirement income products, with many reporting that the products are too complicated and costly, according to observers.