Broker Dealers
Read about the industry's top broker-dealers, including news, analysis, commentaries and more.
Import Prices Rose in July on Increase in Fuel Prices
By Danielle AndrusThe Bureau of Labor Statistics on Thursday, August 12, released import and export prices for July. After declining the two previous months, import prices increased 0.2%, driven by a rise in fuel prices.
August 12, 2010
Mixed Picture in Securities, Finance HiringStill, the latest jobs report shows employment in the industry to now be at its highest level since July of last year, and it has posted a modest gain of 9,000 jobs for 2010.
August 11, 2010
Stifel Improves Earnings as M&A Charges ContinueAfter acquiring some UBS branches and Thomas Weisel, the company now has 1,940 financial advisors vs. 1,562 last year.
August 11, 2010
SAM Study: Global Water Market Growing at 6.2% Rate AnnuallyThe global water market, which is estimated at $480 billion for 2010, is expected to grow at an annual rate of 6.2% over the next five years, according to a study published on Monday, August 9, by SAM, the Zurich-based investment boutique firm.
August 11, 2010
Mutual Fund Volatility Remains High, ReFlow Index ShowsReFlow Management Co., LLC recently introduced the ReFlow Fund Flow Volatility Index to help mutual fund managers track asset flows and fund performance.
August 11, 2010
Stifel Improves Earnings, Despite Thomas Weisel, UBS CostsStifel Financial (SF) reported Tuesday, August 10, quarterly net income of $21.1 million, or $0.60 per share, on net revenues of $328.0 million for the quarter ended June 30, 2010.
August 11, 2010
ING Posts $1.7 Billion Q2 ProfitAmsterdam-based ING on Wednesday, August 11, released second-quarter earnings, posting a $1.7 billion net profit for the company, beating analyst estimates of $878 million.
August 11, 2010
Clearbrook Wins Away IPC Business From Troubled Jesup & LamontIndependent Portfolio Consultants (IPC) has transferred 1,400 client accounts worth over $1 billion away from troubled broker-dealer Jesup & Lamont Securities Corp. to the broker-dealer subsidiary of Clearbrook Financial.