Bloomberg

Bloomberg
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RIA NEWS SEP 05, 2008
Bleak unemployment news batters markets

The U.S. unemployment rate rose to 6.1% in August, marking the highest level since 2003 and the eighth consecutive month of slashed payrolls, according to the Department of Labor.

RIA NEWS SEP 05, 2008
John Sykes to take reins of GunnAllen

John H. Sykes, founder and chairman emeritus of Sykes Enterprises Inc., based in Tampa, Fla., will assume the role of chairman of the board of Gunn Allen Holdings Inc.,

ALTERNATIVES SEP 05, 2008
Toll Bros. downgraded on industry fundamentals

Raymond James & Associates Inc. analyst Paul Puryear downgraded homebuilder Toll Brothers Inc. to market perform from outperform today.

RIA NEWS SEP 05, 2008
BofA set to settle with regulators over ARS

Bank of America Corp. said yesterday that it is ready to settle with state and federal regulators over a probe into its marketing of auction rate securities.

OPINION SEP 05, 2008
Pre-retirement checklist is an essential planning tool

FIXED INCOME SEP 05, 2008
Fifth Third said to be selling off muni funds

Fifth Third Asset Management Inc. is selling off all its municipal bond funds to Federated Investors Inc., according to the website fundaction.com.

ETFS SEP 04, 2008
Van Eck launches first global hard-assets ETF

Van Eck Associates Corp. today launched the first global-hard-assets exchange traded fund — Market Vectors-RVE Hard Assets Producers (HAP).

LIFE INSURANCE AND ANNUITIES SEP 04, 2008
Report: AIG in talks to dump toxic assets

American International Group Inc. is reportedly in talks with JPMorgan Chase & Co. to spin off some its subprime assets into a new company, according to The New York Post.

RIA NEWS SEP 04, 2008
Advisers' suit against Ameriprise tossed

Ameriprise Financial Inc. has defeated a group of advisers who sought a class action alleging that, because the company recently changed its name, the power of its brand had been diminished.

RETIREMENT PLANNING SEP 04, 2008
Safeguarding IRAs in difficult times

Worries about bank failures and the stability of other financial institutions are all over the news lately.