U.S. stocks will stay at current levels in 2011 as companies struggle to beat analyst estimates amid slower economic growth, according to Edward Yardeni, chief investment strategist at Yardeni Research Inc.
The Municipal Securities Rulemaking Board has yanked all six of its proposed rules covering municipal advisers today, triggered by worries about the Securities and Exchange Commission's proposed definition of a municipal adviser.
Pacific Investment Management Co.'s Neel Kashkari said investors should buy equities because valuations, income growth and dividends show the asset class is attractive.
House panel will explore SEC reports recommending that the commission impose a universal fiduciary duty on anyone providing retail investment advice and harmonize regulations governing investment advisers and broker-dealers.
Todd Combs' first stock picks for conglomerate gain 14% on the year; mentor Buffett off the pace
Berkshire Hathaway acquires 5.5% stake in IBM; on the prowl for bargains
In the last quarter, the Oracle of Omaha invested a whopping $24B expanding the portfolio of Berkshire Hathaway. What's he buying? What's going on? Said one industry watcher: 'He sees something, and it's big.' <br><b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20110913&Category=FREE&ArtNo=913009999&Ref=PH>The nine stocks held by Buffett's new co-investment manager</a>
Only 37% of advisers are now bullish on the stock market, compared with 56% last January, according to a survey Schwab Advisor Services. Cash, fixed income, gold and foreign currencies are the only four asset classes in which advisers are likely to invest more.
A new Charles Schwab & Co. Inc. survey finds that married couples think retirement planning is easier for singles. The reality is far different, however.
U.S. units of Aviva, Allianz placed on review with negative implications due to parents' EU exposure
Insurer agrees to settle charges it violated the FCPA; carrier allegedly netted $11.4M from $3.6M in payments
Sun Life's decision to exit the VA and life insurance businesses in the U.S. came as a big surprise. The Canadian outfit's departure also leaves distributors hurting for choices.
New customers must have paperwork signed by Sunday to get the old rate
Company plans to roll out its first fixed indexed annuity but must prep bulk of 82,000 reps first; 'large universe of salespeople'
$8.6B in 3Q is another record breaker for variable annuities; insurer's already pared back GMIB Max twice
More info, less paperwork would be helpful; 'actionable ideas' highly prized
Investment products must generate income streams; advisers still on the fence about annuities, however
Once-demonized carrier slowly restoring its brand; 'even Charlie Sheen got another shot'
Eager to boost their ranks, wirehouses are turning to an unexpected source: indie B-Ds. What's more, the big shops are dangling some compelling incentives to convince the reps to jump. <b>INTV:</b> <a href=http://www.investmentnews.com/section/multimedia?playerType=INTV&bctid=1151711017001><i>The incredible shrinking wirehouse</i></a>
