Portfolio

Adviser confidence in the economy and stock market sank this month for the second consecutive month, according to Rydex AdvisorBenchmarking, a division of Rydex Investments.

Prudential Arm Hires Structured Exec Bonesteel

NEW YORK - The fragmented, free-for-all liquidity in the marketplace is aggravating the extreme volatility in the stock market, and experts say a more organized, specialized system is needed.

With the stock market down 40% in the past year, many investors are reassessing their investments. Many, in fact, are bailing out of equity mutual funds, vowing never to return.

4,000 Could Lose Jobs at Fidelity

LAS VEGAS - As companies pare back their operational budgets and look for ways to trim costs, chief information officers are being challenged to make their IT departments do far more with much less.

The question everyone is asking, not just shell-shocked investors, but financial advisers and economists as well, is how low can the Dow Jones Industrial Average go? And the answer is, very, very low. Some pessimists are now predicting the Dow 900.

The Reserve Management Company has begun making distributions to shareholders at an initial rate of 50 cents on the dollar, and its president says the company plans to pay the rest soon.

The Depository Trust & Clearing Corporation (DTCC) will begin publishing aggregate market data on credit derivatives, starting Nov. 4.

American International Group Inc. (AIG) is rapidly depleting the $123 billion in loans it has received from the Federal Reserve, according to a report in the New York Times.