Economy & Markets
The important economic and stock market news that advisors need to know.
How to Invest $540 Mega Millions (SmartMoney)
By Staff WriterInvested correctly, a lump sum payout could earn $7 million a year.
March 30, 2012
Ireland to Use Bond, Not Cash, to Make PaymentIreland will make a scheduled payment of 3.1 billion euros to the Irish Bank Resolution Corp. at the end of March with a bond, not with bailout cash.
March 30, 2012
BRICS Futures Exchange Draws Light Traffic on First DayFutures trades based on cross-lists of BRICS exchanges began trading on Friday, but interest in the new opportunity was light on its first day.
March 30, 2012
Euro Zone Agrees on FirewallThe temporary European Financial Stability Facility and permanent European Stability Mechanism will be combined for a year, for a total of 940 billion euros. But that figure seems to include money already spent.
March 30, 2012
Top 20 Companies for Annuity SalesAlthough sales of annuities fell in the second half of 2011, first-half sales were so strong they propelled total sales up by 8% in 2010, to $240.3 billion, says a LIMRA report.
March 29, 2012
Is Delaware Funds’ Ericksen the Next ‘Star’ Manager?The time is right for the emergence of a new star manager, and it could very well be Delaware Select Growth Funds manager Christopher Ericksen.
March 29, 2012
Dividends and Stock Price Make Winning Combination: Envestnet WebinarFinding Yield Through Equities, an Envestnet Market Morning webinar held Thursday, offered a look at some strategies from Carol Lippman and Mariana Bernunzo Connolly.
March 29, 2012
BRICS Hit West Over IMF, PoliciesThe BRICS were hitting Western nations on Thursday, pressing them for more voting rights at the IMF this year and assailing them over monetary policies they said put the stability of the global economy in danger.