Bloomberg

Bloomberg
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NEWS INDUSTRY NEWS NOV 20, 2007
Eaton Vance profits soar 59%

The Boston-based money manager reported earnings of $61.4 million, or 47 cents per share.

NEWS INDUSTRY NEWS NOV 20, 2007
Sinking dollar sends oil sky high

The dollar slid to a new low against the euro today, sending the price for a barrel of crude oil to a new record high.

RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 20, 2007
Woods to retire from LIFE Foundation

Mr. Wood's retirement ends a 13-year career at the Life and Health Insurance Foundation for Education.

RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 20, 2007
Gary Wendlandt named NYLI vice chairman

He joins chief executive Sy Sternberg and Ted Mathas, chief operating officer on the board.

RETIREMENT TAX NOV 20, 2007
Ernst out, Breeden in as Block boss

Mark Ernst resigned as chairman, president and CEO of H&R Block following losses tied to subprime mortgages.

INVESTING ETFS NOV 19, 2007
Analyzing international ETFs a challenge

Although exchange traded funds increasingly provide an inexpensive way for financial advisers to gain access to international markets, analyzing such ETFs is more difficult than analyzing those that stick to domestic securities.

NEWS WIREHOUSES NOV 19, 2007
Indies seeking an edge in fight for breakaway reps

Registered investment adviser and independent-contractor-broker-dealer firms looking to attract high-producing wirehouse brokers are increasingly seeking to differentiate themselves in a crowded and competitive marketplace.

INVESTING MUTUAL FUNDS NOV 19, 2007
3 for the money: Fund giants dominate

With three mutual fund giants well on their way to capturing nearly 40% of all U.S. fund assets, thousands of smaller fund companies are left competing for the rest, and some even contemplate exiting the business.

INVESTING MUTUAL FUNDS NOV 19, 2007
IDC: Independence rule unnecessary for boards

Fund boards have adopted governance practices that are thought to serve the best interests of shareholders "in advance, or in the absence, of any regulatory mandate to do so," according to a new study from Independent Directors Council.

INVESTING MUTUAL FUNDS NOV 19, 2007
Subprime problems are hitting money funds

Money market funds usually are as boring as it gets in the investment business.