Economy & Markets
The important economic and stock market news that advisors need to know.
White House Appointments of Immelt, Daley Bring Mixed Reaction From Analysts
By Staff WriterOn Sunday’s This Week with Christiane Amanpour on CNN, a discussion of President Obama’s latest appointments as he reshuffled his staff brought favorable and unfavorable comments from guests.
January 21, 2011
Emerging Market Confidence Outpaces Older EconomiesLatin American population most confident in economy, Europe least confident.
January 21, 2011
Berkshire’s Buffett to Step Down From Washington Post BoardThe Washington Post announced Thursday that Warren Buffett, who had served on its board for 37 years, would be stepping down after the end of his current term in May.
January 21, 2011
Spain to Partially Nationalize Banks; Euribor SoarsSpain is planning a partial nationalization of its savings banks, according to Friday reports, in an effort to reassure investors about a potential Ireland-style rescue.
January 21, 2011
Time to Get Out of Ag?Futures traders worry about peak prices amid food riots, extreme weather and a rise in petrodollars
January 21, 2011
2010 Q4 Earnings: BofA Misses Estimates; Merrill Adds AdvisorsWealth-management sales rise; Merrill Lynch's FA headcount increases to nearly 15,500.
January 21, 2011
2010 Q4 Earnings, Week One: Banks May See 30% EPS Growth, Says AnalystLarge banks performed better than expected in week one of Q4 earnings season, says Raymond James equity analyst Anthony Polini and other finance-sector observers.
January 20, 2011
LPL’s Next Step After IPO? Deleveraging, Allocating Capital, Casady SaysLPL's CEO Mark Casady flaunts scale and resources; says going public has helped recruiting.