News

Displaying 42982 results
OPINION MAY 30, 2008
Ignoring Medicare enrollment rules can cost your client plenty

By Bloomberg
LIFE INSURANCE AND ANNUITIES MAY 29, 2008
Hartford rejiggers life insurance operations

The Hartford Financial Services has divided its life insurance operations into four market groups.

By Bloomberg
INDUSTRY NEWS MAY 29, 2008
Economy growth revised higher

The U.S. gross domestic product estimate for the first quarter was revised up to 0.9%, from a predicted 0.6%.

By Bloomberg
LIFE INSURANCE AND ANNUITIES MAY 29, 2008
Symetra Life offers income annuity

This deferred payout annuity allows clients to buy a stream of guaranteed income for a minimum of $10,000.

By Bloomberg
BROKER DEALERS MAY 29, 2008
LPL poised for acquisitions

LPL Financial, the nation's largest independent-contractor broker-dealer, is on the lookout for plum acquisition candidates, although a top executive says growth through current advisers is the company's prime goal.

By Bloomberg
INDUSTRY NEWS MAY 29, 2008
Program allows kids to get fiscal

William Thomason's world is mysterious — at least to the black and Hispanic high school students entering the financier's Wall Street Wizards Urban Financial Literacy Program.

By Charles Paikert
INDUSTRY NEWS MAY 28, 2008
Mortgage and refinance applications fall

Mortgage applications dipped 4.6% for the week ended May 23 due to a drop in refinancing activity.

By Bloomberg
INDUSTRY NEWS MAY 28, 2008
Durable goods orders off slightly

New orders for durable goods fell by a lower-than-expected 0.5% last month, according the Department of Commerce.

By Bloomberg
INDUSTRY NEWS MAY 27, 2008
Analyst cuts 2Q projections for big firms

A Bank of America analyst has slashed earnings estimates for Lehman Bros., Goldman Sachs and Morgan Stanley.

By Bloomberg
INDUSTRY NEWS MAY 27, 2008
Consumer confidence drops to 16-year low

The Conference Board Consumer Confidence Index fell to a reading of 57.2, down from 62.8 in April.

By Bloomberg
INDUSTRY NEWS MAY 27, 2008
Home prices still heading south

House prices continued to plunge in the first quarter, with new data revealing record declines across the country.

By Bloomberg
OPINION MAY 26, 2008
SEC cannot do more with less

What a time to be tightening the Securities and Exchange Commission's budget.

By MFXFeeder
INDUSTRY NEWS MAY 26, 2008
Volatile markets teach lessons about investing

Whether they like it or not, advisers have become well-versed in financial manias, panics and bubbles.

By Bloomberg
INDUSTRY NEWS MAY 26, 2008
An unlikely financier

You won't find diplomas from Harvard or Wharton on his office walls.

By Bloomberg
INDUSTRY NEWS MAY 23, 2008
Transportation index increases 19%

Despite rising energy costs, the Dow Jones Transportation Average has increased 19% since March, exceeding the 7.5% of the Dow Jones Industrial Average.

By Bloomberg
ALTERNATIVES MAY 23, 2008
SEC files action against hedger

The SEC has filed an injunctive action against James G. Marquez, a principal of the failed Bayou Fund.

By Bloomberg
INDUSTRY NEWS MAY 23, 2008
NYSE Euronext appoints CFO

NYSE Euronext Inc. has selected Michael S. Geltzeiler to become the exchange operator’s chief financial officer and group executive vice president .

By Bloomberg
INDUSTRY NEWS MAY 23, 2008
Goldman to sever links to industry group

Goldman Sachs said it would likely sever its links with the Institute of International Finance in a dispute over accounting rules.

By Bloomberg
REGULATION AND LEGISLATION MAY 23, 2008
Eight indicted for kickbacks, fraud

Former employees of Morgan Stanley and Janney Montgomery Scott LLC were indicted on kickbacks and fraud charges.

By Bloomberg
INDUSTRY NEWS MAY 22, 2008
Home prices plunge setting record

Home prices fell by a seasonally adjusted 1.7% in the first quarter, marking the largest quarterly decline on record.

By Bloomberg