When the market dives, that’s when hedge funds—well, those true to their name—are supposed to earn their money. That’s because many hedge funds are designed to avoid big losses and make money nearly every year using low...
This week, Kevin Matras of Zacks Investment Research, shows you how you can create your own price targets and how to estimate your stocks’ future earnings multiple. See how and get this week’s screen results.
Rich kids are a little bit smarter about money than you might think, a recent survey from PNC Wealth Management suggests. But they still have a long way to go in developing healthy earning, saving and investing habits, the survey showed. Often...
Sixty-nine brokers left Smith Barney Friday, Feb. 16, just ahead of the three-day weekend—a fact confirmed by the brokerage firm. Fridays before a long weekend are historically prime time for unhappy brokers to make a clean break, but the...
Here’s a dose of irony for the Securities and Exchange Commission. The SEC thinks it needs to do more to “protect” wealthy retail investors from the secretive world of hedge funds. To do so, it is entertaining the idea of...
The feud between regional brokerage firm Robert W. Baird and three former employees who left the firm last year has apparently been settled out of court.
Pay close attention to the customer when you’re picking stocks. No, not your customer (though that’s probably a good idea, too)—the customer of the company whose stock you want to buy. Here’s why: Companies that get high...
After two frustrating months of worry and speculation, Smith Barney advisors have gotten the final details on their new compensation plan, and many are pleasantly surprised. The outlines of the plan were announced last December, but the firm...
