Prudential Securities Inc.'s acquisition of a West Coast investment banking boutique had all the makings of a perfect marriage.
Members of the American Stock Exchange are considering a lawsuit that could derail the National Association of Securities Dealers' plan to spin off the Nasdaq Stock Market.
The Internal Revenue Service is removing a major administrative hassle and expense for employers who want to offer generous 401(k) plans that are exempt from non-discrimination tests.
The Internet has become a popular way for employers to provide 401(k) plan investment education to employees, a new survey shows.
As a youngster, Marc Gabelli never spent a lot of time talking stocks with his famous father, mutual fund manager Mario Gabelli. But that's not to say he didn't learn a thing or two from Dad about managing money.
Money managers in search of bargain stocks are looking no further than competitors' backyards, even if the grass isn't necessarily greener.
Even though liability coverage for securities firms is widely available, industry observers say only 20% to 25% of those who should buy the coverage actually do so.
The Dow Jones Industrial Average, which suffered a rocky third quarter with interest rate and inflation jitters, will rally by year-end to 11,500, predicted New York money manager David Alger, chief executive of Fred Alger Management Inc.
The sexual harassment lawsuit saga at Salomon Smith Barney Inc. is about to take a bizarre twist.
Talk about a tease. The spring rally in value stocks melted as quickly as an April snowshower, and 1999 is shaping up to be another disappointment for value investors.
A combination of market and legislative conditions is squeezing Allstate Corp.'s life as an independent company.
