Bloomberg

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YOUR PRACTICE FINTECH AUG 15, 2008
Morningstar buys FCSI, Fidelity e-signatures

Financial Computer Support Inc. makes the dbCAMS portfolio management software used by thousands of advisers.

NEWS INDUSTRY NEWS AUG 15, 2008
Dollar makes gains in Eurozone

The dollar continued its rise, gaining ground against the euro and rising to a nearly two-year high against the British pound.

INVESTING FIXED INCOME AUG 15, 2008
Bond insurers boosted by upbeat report

MBIA Inc. and Ambac Financial Group Inc. rallied in early trading following a positive report from Standard and Poor’s.

NEWS INDUSTRY NEWS AUG 15, 2008
Industrial output on upward trend

U.S. industrial production increased 0.2% in July following a 0.4% jump in June, according to the Fed.

NEWS INDUSTRY NEWS AUG 14, 2008
New Hampshire hits UBS with ARS charge

The firm is accused of misleading an issuer of student loans in that state by urging it to buy auction rate securities.

YOUR PRACTICE WOMEN ADVISOR COMMUNITY AUG 14, 2008
Women prevail in Smith Barney suit

A federal judge has approved Citigroup Inc.'s $33 million class action settlement with female brokers.

RETIREMENT TAX AUG 14, 2008
UBS wealth head allowed to leave United States

Martin Liechti has returned to Switzerland more than three months after he was detained material-witness warrant.

NEWS INDUSTRY NEWS AUG 14, 2008
Inflation soars to 17-year high

Over the past 12 months, the annual inflation rate has risen 5.6%, marking the largest increase since January 1991.

INVESTING ALTERNATIVES AUG 14, 2008
Foreclosures up significantly in July

The number of homes receiving foreclosure notices surged to 272,171 in July, up 8% from June.

NEWS INDUSTRY NEWS AUG 14, 2008
Morgan Stanley, JPMorgan settle ARS cases

The firms will buy back a total of about $7 billion of auction rate securities from retail investors.