Mutual Funds
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Alternative Investment Firm Hatteras Names Brian Jacobs CEO
By Ron PechtimaldjianHatteras Funds, an asset management firm that specializes in making alternative investing strategies available in mutual fund formats to advisors, named Brian Jacobs as CEO on Wednesday, April 28.
April 28, 2010
Wealthy Investors More Confident, But Still Cautious, Survey FindsThe outlook of both affluent and millionaire investors remains neutral in April 2010, with some lingering uncertainty about the economy.
April 28, 2010
LPL Financial Net Jumps 91% on 15% Revenue Rise in Q1EBITDA for the quarter rises 28% to top $100 million mark
April 28, 2010
Congress to Examine Impact of Greek Debt CrisisCongress to hold hearings on Thursday to explore the impact to U.S. and global markets.
April 27, 2010
Home Prices Fell Slightly in February, Case-Shiller Index ShowsThe Standard & Poor's/Case-Shiller Home Price Index of 20 cities showed Tuesday, April 27, that prices in February were down 0.1% from January on a seasonally adjusted basis.
April 27, 2010
Ameriprise, Waddell & Reed, and optionsXpress Post ResultsA trio of financial services companies reported their quarterly results on Tuesday, April 27. Ameriprise Financial and Waddell & Reed Financial posted solid earnings, while optionsXpress Holdings disappointed with a small drop.
April 27, 2010
Utilities Poised for Upside, Report Says, Despite Concerns over Higher Dividend TaxesTax rates on dividends could rise, but utility stocks have generally priced in such a change already. Plus, if the rate stays the same or only rises 5%, they could see a nice uptick, Bernstein Research suggests.
April 27, 2010
Utilities Poised for Upside, Report Says, Despite Concerns on Dividend TaxesTax rates on dividends could rise, but utility stocks have generally priced in such a change.