To rev up its top reps and advisers, Raymond James is giving bonuses to its biggest-producing brokers.
Surging energy prices pushed the producer price index up 0.9% in May, according to the Department of Labor.
The Bear Stearns Cos. Inc. is liquidating holdings from a recently formed hedge funds after it lost money on subprime mortgage bonds.
The Vanguard Group Inc. today said it has added AXA Rosenberg Investment Management LLC to the advisory teams of the $12.8 billion Vanguard Explorer Fund and the $1.6 billion Vanguard U.S. Value Fund.
AIG has sued former chairman Maurice R. Greenberg and ex-CFO Howard I. Smith for more than $1 billion in damages, published reports said.
NYSE firms that do business with the public reported a dip in profits and increased revenues in the first quarter.
It’s only the third week of June, but hedge fund gossip has headed to the Hamptons for the summer.
Hedge managers should pay more than double their current tax rate, said a former Treasury secretary.
Wachovia Securities has been added to a lawsuit challenging the legality of firms’ bank deposit sweep programs.
PowerShares will launch five new internationally focused ETFs on the American Stock Exchange tomorrow.
