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The Conference Board Leading Economic Index increased 0.8% in May to 114.7 (2004 = 100), following a 0.4% decline in April and a 0.7% increase in March. The largest contributions came from the interest rate spread, consumer expectations and housing permits.

Each client’s specific needs should drive the way an investment portfolio is structured, with a focus on aspects of the financial plan such as cash flow, tax planning, and estate planning that can actually be controlled by the client and his or her advisors, according to Charles E. Carrick, a partner at DMJ Wealth Advisors in Greensboro, N.C.

Lightspeed Financial said it acquired the Irish operations of Lime Brokerage International.

Broadridge Financial Solutions said it is beginning to supply post-trade processing services to prime brokers and investment banks.

PNC Financial Services Group Inc. on Monday said it struck a deal to buy Royal Bank of Canada's U.S. retail banking operations for $3.45 billion.

For Capital One Financial Corp.'s planned acquisition of ING Direct to pay off, the lender will have to follow quickly with another deal, and the economy must not falter.

The New York City Transitional Finance Authority Wednesday will competitively bid $300 million of building aid revenue bonds, including $100 million of taxable qualified school construction bonds.

I’m in Chicago today where I’ll be speaking on a panel about social media and building a strong online presence at the Women Advisors Forum.

The Securities Investor Protection Corporation (SIPC) is warning investors that a scammer -- or perhaps a group of scammers -- is preying on people who have already been victimized by previous investment scams, calling them or sending them unsolicited emails in an attempt to steal their money and their most sensitive personal and financial information.

Combination life insurance products, which combine a pool of benefit dollars for covered long-term care expenses, a death benefit for beneficiaries, or both, showed tremendous growth in 2010, with new premium sales soaring 62% to $1.2 billion, according to LIMRA research released on Friday.