Tax Loss Harvesting
Top strategies and rules that advisors can consider when using tax loss harvesting to reduce tax liabilities of client portfolios.
Insurer ACE Reports 45% Drop in 2Q Earnings
By Associated PressThe latest results included $415 million in net realized losses, primarily from variable annuity reinsurance derivatives.
July 24, 2012
Centene Posts $35 Million LossThe St. Louis company recorded a $28 million impairment loss on a writedown of the value of the Celtic unit.
July 17, 2012
BoE Governor Pushed for Barclays Chief’s OusterThe British Parliament got an earful over the last couple of days as testimony continued in the LIBOR-fixing scandal.
July 13, 2012
Q2 Earnings Kickoff: JPMorgan Down, Wells Fargo Up and Markets Heave Sigh of ReliefFriday the 13th was lucky for JPMorgan and Wells Fargo as both banks stocks rose higher despite dark news that preceded their Q2 earnings reports.
July 13, 2012
Nightly glass of wine may protect boomer women’s bones (NPR)Researchers found that about one drink a day slowed down the rate of bone turnover, which could protect against fractures over time.
July 09, 2012
Thousands face Internet loss as FBI shuts off servers (BBC)The servers were seized in November 2011 during raids to break up a hi-tech gang who used the virus to reroute online searches through the servers so victims saw adverts that led to the gang being paid.
June 21, 2012
More U.S. Citizens Jumping Ship to Avoid TaxesWhile the number of Americans abandoning their citizenship is increasing, so too is the number of foreigners coming to U.S. shores to take advantage of so-called investor visas.
June 18, 2012
JPMorgan Sued for Investor FraudThe class action lawsuit was filed against JPMorgan Chase relating to losses in speculative trading by its London-based investment team.