Merrill Lynch’s streak continues. The Wall Street giant posted a first quarter net loss of $1.97 billion, primarily due to net write-downs totaling $1.5 billion related to collateralized-debt obligations (CDOs). This is the third quarter in...
Detroit, MI- "So, what are your thoughts on 'rainmaking' in a down market? People are spooked. Should I give it a rest?" asked Philip on an initial coaching call with my associate Bill. After taking a few minutes to explain that this is a perfect...
It seems GunnAllen has another embarrassment on its hands: Seven investors who say they were the victims of a Ponzi scheme by Frank Bluestein, a former GunnAllen rep, have filed an arbitration claim against the Tampa firm.
Johnne Syverson, a CFP and co-founder of RIA firm Syverson Strege & Company, in West Des Moines, Iowa, has been outsourcing money-manager selection and portfolio construction to SEI since 1995. The firm, which manages $300 million in assets, has...
Bear Stearns can’t seem to go down quietly. The firm is facing a number of lawsuits filed by employees, investors and possibly even civil charges courtesy of the SEC.
Cash is King-and so is low debt, reduced inventories and good growth. Kevin Matras shows you how to search for stocks with increasing cash
and more, and offers three new picks from this week's screen.
Find out how to use moving averages to determine your stock¹s trends, how
to spot winners no matter what the market¹s doing, and get three new picks
from this week¹s screen.
The sub-prime mortgage lending crisis and resulting market tumult isn't just taking its toll on investors: A nearly constant flow of bad economic news from the media is shaking up advisors, too.
Cliff Popper, the flashy former Brookstreet Securities broker/trader at the center of the California firm's August collapse, is now suing his old clearing firm, National Financial Services (NFS), for $36 million in damages.
In February, stock fund investors did a curious thing. Instead of running for the exits as the S&P 500 continued falling, they pumped large sums of new money into U.S. and international stock funds. Are investors getting smarter, buying when the...
