Economy & Markets
The important economic and stock market news that advisors need to know.
2010 Q4 Earnings: Morningstar Profits Rise on Acquisitions
By Danielle AndrusMorningstar Inc. reported fourth-quarter and full-year earnings on Thursday, posting revenue of more than $151 million for the fourth quarter.
February 16, 2011
Fed Members Talked About Scaling Back QE2 at January MeetingSome Federal Reserve officials last month raised the possibility of reducing the Fed's $600 billion Treasury bond purchase program out of fear that a strengthening economy could spur high inflation.
February 16, 2011
2010 Q4 Earnings: ING Profits Continue Recovery but Miss EstimatesING Group NV reported fourth-quarter profits on Wednesday of $586.5 million, $0.14 per share, compared with $1.4 billion in the third quarter, and a loss of $964.4 million in the same quarter last year.
February 16, 2011
Neil Hennessy Sees Market Growth of 8% to 12% This YearNeil Hennessy expounds on the markets, consumer behavior, Washington politics and the Hennessy Funds' approach to stock picking.
February 16, 2011
John Osterweis Prefers to Go His Own WayActively managed, go-anywhere funds can add opportunity to portfolios.
February 16, 2011
Wholesale Prices Rose for 7th Straight Month in JanuaryWholesale prices outside of the volatile food and energy categories rose at the fastest pace in more than two years last month, a sign inflation could be accelerating as the economy recovers.
February 15, 2011
GLWBs: The advisor conundrum, part 2With boomers poised to leave the workforce en masse, financial services companies have inundated the market with income riders for annuities.
February 15, 2011
GLWBs: The advisor conundrum, part 2With boomers poised to leave the workforce en masse, financial services companies have inundated the market with income riders for annuities.