Industry News

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NEWS EQUITIES NOV 10, 2014
Shorting chickens becomes hot trade after prices surge

With no futures market to speculate on chicken-price movements, short sellers have turned to the equity market, borrowing record amounts of shares of two poultry producers that they in turn sell in anticipation of declines.

By Bloomberg
NEWS INDUSTRY NEWS NOV 10, 2014
Even as firm stumbled, Pimco paid billionaire Gross $290 million bonus in 2013

Rare glimpse of pay packages of finance executives

By Bloomberg
NEWS PRACTICE MANAGEMENT NOV 10, 2014
Pimco paid billionaire Gross $290 million bonus in 2013

In 2013, when Pimco's Total Return Fund trailed a majority of peers, the money manager paid former CIO Bill Gross a gigantic sum.

By Bloomberg
NEWS RETIREMENT PLANNING NOV 10, 2014
97% of women make this Social Security mistake

As life spans lengthen, it's more important than ever to get your claiming decisions right

By Mary Beth Franklin
NEWS EQUITIES NOV 10, 2014
Sweet deal at Goldman Sachs lets partners invest alongside the bank

<i>Breakfast with Benjamin:</i> It's all about access at Goldman. Plus: U.S. soldiers sue banks for helping Iran finance attacks in Iraq, adjusting portfolios for a fourth-quarter ride, oil prices are expected to hang low till the next OPEC meeting, and a hats off to companies taking their hats off to veterans today.

By Jeff Benjamin
NEWS RETIREMENT PLANNING NOV 10, 2014
How grandparents can help keep college debt down

Three planning tools to minimize student loans

By Kimberly Clouse
NEWS RETIREMENT PLANNING NOV 10, 2014
The new Congress is likely to duck Social Security reform

A recent poll finds Americans are willing to pay more to preserve the program.

By Mary Beth Franklin
NEWS EQUITIES NOV 10, 2014
Gold's 'dead-cat bounce' is a temporary distraction from an inevitable fall

Also on Monday's <i>Breakfast with Benjamin</i> menu: Janus rides the wave of a Bill Gross effect, bond managers talk their book, IN's deep-dive into bond fund assets shifts, some oil stocks are worth buying on the dips, and happy birthday to the United States Marine Corps.

By Jeff Benjamin
NEWS EQUITIES NOV 10, 2014
U.S. stock futures little changed before jobs data

S&amp;P heads for a weekly gain as October's jobs report expected to add to signs of strength in the U.S. economy

By Bloomberg
NEWS EQUITIES NOV 10, 2014
Republican victory boosts stocks as the dollar strengthens, gold slumps

S&amp;P 500 expected to reach new record high as investors cheer business-friendly GOP.

By Bloomberg
NEWS PRACTICE MANAGEMENT NOV 10, 2014
Morgan Stanley hits profitability goal with fewer advisers

Morgan Stanley's wealth management unit reaches CEO's 2015 profitability goal early with 22% profit margins in the third quarter

By Mason Braswell
NEWS ALTERNATIVES NOV 10, 2014
Fidelity targets bruised Pimco, launches actively managed bond ETFs

Fidelity's active management heft and huge product-distribution capacity now extend to a corner dominated by Pimco as it launches actively managed bond ETFs.

By Trevor Hunnicutt
NEWS EQUITIES NOV 10, 2014
Pimco boss shrugs off Gross' exit

Today's <i>Breakfast with Benjamin</i> sees Pimco CEO Douglas Hodge downplay Bill Gross' exit, big-money players identifying a stock market entry point, JPMorgan's huge data breach, and more.

By Jeff Benjamin
NEWS RIAS NOV 10, 2014
Lawsuit against Financial Engines a red flag for plan sponsors

Patent infringement claims against Financial Engines means plan sponsors should be vigilant and ready to reassure plan participants.

By Darla Mercado
NEWS IRA ALERT NOV 09, 2014
IRA funds protected in bankruptcy

By Ed Slott
NEWS FINTECH NOV 09, 2014
Robos need to get on the ball

By MFXFeeder
NEWS ALTERNATIVES NOV 09, 2014
Brokerage firms and mutual fund companies need better training for complex products

Companies must heed the gentle warnings being given to them by Finra and the SEC on complex investments.

By MFXFeeder
NEWS RETIREMENT PLANNING NOV 09, 2014
New Congress is unlikely to tackle Social Security reform

It'll be nearly 20 years before the trust fund runs out of surplus

By Mary Beth Franklin
NEWS RIAS NOV 07, 2014
JPMorgan unwinds B-D clearing biz

The firm is teaming up with Fidelity to transition around 100 firms.

By Mason Braswell
NEWS EQUITIES NOV 07, 2014
Stock-index futures flat as focus turns to earnings

Stock-index futures were little changed, after the Standard &amp; Poor's 500 Index posted a third weekly gain, as investors watched corporate results.

By Bloomberg