Economy & Markets
The important economic and stock market news that advisors need to know.
Diving for Dividends
By Ron DeLeggeThe aftermath of the credit crisis has dramatically changed the behavior of corporations.
February 24, 2012
Greece Launches Bond SwapGreece on Friday took the next step in a second bailout package after Parliament passed a law Thursday that requires all its bondholders to accept losses once a certain percentage of creditors have agreed.
February 24, 2012
Jim Rogers Picks Obama to Win Election but Prefers Ron PaulLeading presidential hopefuls Obama, Mitt Romney and Rick Santorum 'dont have a clue whats going on,' Rogers believes.
February 24, 2012
Yakuza, International Gang Members Banned From U.S. MarketsThe godfather and deputy godfather of a Japanese yakuza and five members of another criminal group were banned from U.S. markets Thursday in an attempt to protect markets from disrupting activities and the use of illicit funds.
February 24, 2012
$2.6 Billion in Losses Prompts Closing of Japanese Advisory FirmAIJ Investment Advisors was temporarily shut down by Japanese regulators on Friday over fears that it may have concealed substantial losses in the $2.6 billion it manages, mostly for the pension plans of small- and medium-size corporations.
February 24, 2012
AIG Earnings on the RiseAmerican International Group earned profits in both its fourth quarter and for the entire year, and showed strong growth in its group retirement products and individual variable annuities.
February 24, 2012
AIG Earnings on the RiseAmerican International Group earned profits in both its fourth quarter and for the entire year, and showed strong growth in its group retirement products and individual variable annuities.
February 24, 2012
PIMCO’s El-Erian: ‘No More IMF Aid to Europe’Although Mohamed El-Erian had long advocated for aid to troubled Europe (with an obvious interest in mind), he wants strong strings attached to any lending, especially when it comes to the International Monetary Fund.