Economy & Markets
The important economic and stock market news that advisors need to know.
Cohen & Steers: Investors Should Seek High-Dividend Stocks
By John SullivanA new white paper released by investment manager Cohen & Steers on Monday maintains that dividend oriented companies are "strongly positioned to continue raising pay-outs and deliver solid returns." The report also says these companies are trading at attractive prices and offer great upside potential.
August 24, 2011
Top 10 Best & Worst Sports Business DealsAdvisorOne looks at how the business of sports has gobbled up the landscape from Citi Field to Lambeau Field and Tiger Woods to Li Na.
August 24, 2011
Advisory M&A Activity Drops in Q2, Even as Deals Get BiggerWhile M&A activity in the advisory industry fell slightly in Q2, the deals were larger and total assets exchanged increased to $8.5 billion from $6 billion in the first quarter, according to Pershing Advisor Solutions Real Deals Quarterly Update, produced in partnership with FA Insight.
August 24, 2011
Moody’s Downgrades Japan One NotchRating agency cites political situation as reason; Japan now at same level as China.
August 24, 2011
Real SEC Reform or Half Measure?Does the SEC Modernization Act have a real shot at bringing 'comprehensive reform' to the SEC?
August 23, 2011
SPDR Gold Overtakes S&P 500 SPY as Top ETFAs equity prices fall and gold prices rise, the market capitalizations of the two largest ETFs have switched places, with State Street's SPDR Gold Shares (GLD) overtaking the SPDR S&P 500 (SPY) as the largest ETF in the world.
August 23, 2011
Men Not at Work: Brookings Adds to ‘Mancession’ WorriesA Washington think tank looking at long-term employment trends adds discouraging data about reduced earning power for men in America.
August 23, 2011
UBS to Cut 3,500 Jobs; Wealth Unit Losing 350UBS said Tuesday it planned to cut staff by 3,500 as part of its overall plan to trim about $2.5 billion from its yearly expenses by the end of 2013 to improve operating efficiency.