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NEWS INDUSTRY NEWS APR 30, 2007
Industry internships target black colleges

Helping Wall Street firms to look more like the American public they serve is the idea behind a new internship program designed for students who attend historically black colleges and universities.

RETIREMENT TAX APR 30, 2007
It’s never too early for AMT avoidance strategies

CHICAGO — Even though tax season just wrapped up, financial advisers and tax specialists say that it isn’t too early to help clients try to avoid the alternative minimum tax for 2007 returns.

NEWS INDUSTRY NEWS APR 30, 2007
In-play telecom probed for release denying talks

OTTAWA — While a bidding war goes on for BCE Inc., InvestmentNews learned last Tuesday that the Montreal-based telecom giant is under investigation by Market Regulation Services Inc. for a misleading, possibly fraudulent, press release.

NEWS OPINION APR 30, 2007
‘Never mind’ the SEC’s regulatory mess

NEWS WIREHOUSES APR 27, 2007
Citigroup clinches Nikko takeover

With a $13.4 billion offer, Citigroup Inc. yesterday closed on the largest foreign takeover of a Japanese company, Nikko Cordial Corp., according to published reports.

RETIREMENT LIFE INSURANCE AND ANNUITIES APR 27, 2007
The Hartford books 20% earnings increase

The Hartford Financial Services Group Inc. announced today that earnings rose 20% in the first quarter to $876 million, from $728 million for the same period a year earlier.

NEWS INDUSTRY NEWS APR 27, 2007
TIAA-CREF ups equities in lifecycles

New York-based TIAA-CREF has increased equity exposure on all seven of its lifecycle funds to 90% up from 80%, the company announced today.

NEWS INDUSTRY NEWS APR 27, 2007
Oppenheimer Holdings profits down 2.5%

Oppenheimer Holdings Inc. today reported a net profit of $16,790,000 or $1.28 per share for the first quarter, a 2.5% decrease from $17,217,000, or $1.36 per share, in the same quarter in 2006, the company announced today.

NEWS INDUSTRY NEWS APR 27, 2007
Online brokerage firms rated

Firstrade Securities got the top overall score in the latest survey of online brokerage firms conducted by Consumer Reports.

NEWS WIREHOUSES APR 27, 2007
Mack backs Clinton for president

Morgan Stanley & Co. Inc. today confirmed that chief executive John Mack, a registered Republican, has thrown his support behind Democratic New York Senator Hillary Rodham Clinton in the 2008 presidential election, according to published reports.