CHICAGO — According to a recent report, there is ample opportunity for financial advisers to work with clients who own company stock using a little-known technique called net unrealized appreciation.
PHILADELPHIA — Rydex Investments is emphasizing its exchange traded funds in talks with firms interested in acquiring the company, according to sources.
WASHINGTON — Solar energy is emerging as an investment opportunity, with technology improving and costs predicted to drop.
BOSTON — Gerald Sullivan’s Industry Leaders Fund boasts Lipper Leader designations, four stars from Morningstar Inc., a solid eight-year-plus track record and an investment process patented by the U.S. government.
Lehman Brothers Holdings Inc. said that it has raised $1.5 billion for its new Lehman Crossroads Fund XVIII fund-of-funds.
Morgan Stanley is looking at investing in between two and three fund-management companies in China, according to MarketWatch.
Borrowers are turning to other providers, but don’t expect banks to die out any time soon, the Fed chief said today.
Barclays Global Investors of San Francisco has launched the iShares Dow Jones EPAC Select Dividend Index ETF on NYSE Arca today.
Columbia Acorn has increased the minimum initial investment for Columbia Acorn Select accounts from $50,000 to $100,000.
Brokers at A.G. Edwards and Wachovia Securities got details of their retention packages today.
