The insurance firm forecast core per-diluted-share earnings in the $9.80 to $10.20 range.
The U.S. economy will grow a sluggish 2.1% in 2008 according to the SIFMA's Economic Advisory Roundtable.
The performance of managed futures is languishing, but that hasn't diminished their appeal among financial advisers.
Maybe the housing market isn't tanking after all. Hedge fund manager Louis Bacon, head of New York-based Moore Capital Management LLC, last month bought the Forbes family's Colorado ranch for what is believed to be the largest sum ever paid for a home purchase in the United States: $175 million.
A stunning $4.6 million award against UBS Financial Services Inc. and two of its brokers late last month revealed how irate the arbitrators were with UBS.
As Securities America Inc. deals with the sting of losing one of its biggest advisers, the independent broker-dealer continues to tighten its compliance practices and procedures.
Very wealthy or entrepreneurial investors seek advice before they decide to donate to charity.
The prospect of 2 million homeowners seeing their mortgage rates jump over the next two years as adjustable-rate mortgages reset, possibly triggering hundreds of thousands of foreclosures, has forced the government, lenders and the mortgage-servicing companies to focus on the problem.
More children could be trapped by the dreaded "kiddie tax" this year.
Building wealth beyond dollars for clients is more challenging and gratifying than peppering their holdings with the latest hot stock pick or designing a soundly diversified portfolio.
The economy added 94,000 jobs in November, according to a Department of Labor report.
Consumer sentiment stabilized in November after a steep decline in October, according to the RBC CASH Index.
Two organizations want insurers to have the option of being regulated federally or by the states.
Billionaire Joseph Lewis has raised his stake in Bear Stearns to 8.01%, according to a filing with the SEC.
The Senate approved a bill that would prevent 19 million middle-class taxpayers from paying the AMT this year.
Schwab Charitable Fund has reduced the minimum donation to open a charitable gift account from $10,000 to $5,000.
The Bank of America report identifies 12 donor types and how they go about giving away their money.
Merrill's new CEO will receive 46,304 shares of restricted stock that will vest over the next three years.
The European Central Bank held its key interest rate at 4%, while The Bank of England cut interest by a quarter-point.
The Spectrem Millionaire Investor Index fell 11 points in November to a reading of 3.
