Is a secular bear market upon us?
As if corporations needed another reason to stop offering quarterly earnings guidance, apparently more and more companies are struggling to make these forecasts even remotely accurate.
When Claymore Securities Inc. of Lisle, Ill., this month announced that it was liquidating 11 exchange traded funds — the first large-scale liquidation of ETFs since the funds were created — some industry experts said investors should view it as a warning.
The French really are different. Consider how the United States would have dealt with Jérôme Kerviel, the 31-year-old trader at Société Générale who managed to lose more than $7 billion through unauthorized trades in stock index futures.
If ever there were a time to flex those stock-picking muscles, this is it.
Registered investment advisers seem to be winning the race to capture the retiring-baby-boomer market, according to Charles "Chip" Roame, managing principal of Tiburon (Calif.) Strategic Advisors LLC, who spoke at the TD Ameritrade Partnership 2008 Conference in Orlando, Fla. this month.
An organization advocating divestment from companies that support the economies in countries perpetrating genocide won an initial victory in bringing their cause to the fund boards of more than two dozen Fidelity funds.
Brokers, not mutual fund companies, should set their own 12(b)-1 distribution fees.
LPL Financial will increase its spending on monitoring tools and in other areas to make sure it does not experience a repeat of last year's technology glitches, according to its new chief information officer.
Iowa will be the first state to join an initiative to provide customers with plain-English disclosure on fixed and indexed annuities.
