Economy & Markets
The important economic and stock market news that advisors need to know.
Bond Group Promotes Analyst Independence
By Staff WriterNU Online News Service, Dec. 18, 2003, 4:28 p.m. EST -- The Bond Market Association, New York, is seeking public comments on a draft ...
December 02, 2003
Man Group Acquires Stake in BlueCrestLONDON (HedgeWorld.com)--Man Group plc* entered into an agreement to acquire 25% of BlueCrest Capital Management from its principals for ?105 million (US $178.5 million) in...
December 01, 2003
Fixed-Income FanaticsAccording to a Bank of America survey, 37% of mass-affluent investors have at least one-quarter of their assets in fixed-income investments, while 16% have at...
November 20, 2003
Phoenix Appoints New CFONU Online News Service, Nov. 20, 2003, 1:05 p.m. EST -- The Phoenix Companies Inc., Hartford, announced the appointment of Michael E. Haylon, 45, ...
November 18, 2003
S&P Explains Why No U.S. Banks Are Top RatedNU Online News Service, Nov. 18, 2003, 10:45 a.m. EST -- There is nothing in Standard & Poor's Ratings Services' scoring methods or its ...
November 17, 2003
BrokerTec to Suspend Trading Operations Nov. 26JERSEY CITY, NJ (HedgeWorld.com)--BrokerTec Futures Exchange LLC announced that it will suspend trading operations at the close of business on Wednesday, Nov. 26--the beginning of...
November 14, 2003
ING Reports Higher North American ProfitsNU Online News Service, Nov. 14, 2003, 7:08 p.m. EST -- ING Groep N.V., Amsterdam, is reporting the equivalent of $1.1 billion in net ...