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NEWS
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Berkowitz's Flies to the Top By Flying Under the Radar
February 9, 2010Bruce Berkowitz, Morningstar’s Domestic-Stock Fund Manager of the Decade, isn’t the kind of manager whose moves make headlines, but they’ve paid off remarkably well for his investors.
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93% View Financial Services as Problematic
February 9, 2010Reflecting their deep turmoil during the past two years, the banking and insurance industries rank as the least trusted in the U.S., with banks recording the only slide in faith the past year, according to the inaugural 2010 Edelman Financial Services U.S. Trust Barometer.
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80% of Companies Plan to Reinstate 401(k) Match
February 9, 2010Many U.S. employers are increasingly losing confidence in their workers’ ability to save for retirement and, as a result, plan to step up efforts to help workers maximize 401(k) savings.
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Hedge Funds Fall Slightly in January
February 9, 2010Reversal in equity markets sends funds lower by 0.50% from previous month
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Judge Won’t Rule on SEC Settlement With B of A Until Feb. 19
February 9, 2010WASHINGTON — A federal judge in New York Monday said he will not decide until Feb. 19 whether to accept the Securities and Exchange Commission settlement with Bank of America over allegations it misled shareholders and the federal government about its merger with Merrill Lynch.
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Is It a Wise Hand-Up, or An Unfair Handout?
February 9, 2010Strugglers' eligibility for small-business funds is in question
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Looking Ahead: Investing Ideas and Analysis for the Week of Feb. 8
February 8, 2010Bears are growling about growing debt problems in Europe…plus the week’s upcoming reports.
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AARP Seeks Job Relief for Older Americans
February 8, 2010Nearly two million Americans 55 and older were unemployed and searching for work in January.
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European ETF Provider Makes Splash in U.S.
February 8, 2010ETF Securities, the largest provider of exchange-traded commodity products in Europe, hit the $1 billion mark in its four precious metal-based ETFs in less than six months, a milestone considered extraordinary by industry analysts.
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Thain Back in the Game at CIT Group
February 8, 2010Before his troubled last days at Merrill Lynch, Thain was a well respected executive in financial services. But it’s his time at Merrill that have been seared into the public memory.
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TD Ameritrade Bids for Independent Advisors with New Programs
February 8, 2010New practice management tool leads list of initiatives.
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Cetera Hires Schwab Executive
February 8, 2010Barnaby Grist will join the newly minted Cetera Financial Group as executive vice president of wealth management.
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