A surge in U.S.
natural gas development has spurred $226 billion in spending plans on
pipelines, storage, processing facilities and power plants, most slated
for the next five years.
Americans' paychecks in the first half of 2012 grew at the fastest pace in
five years, pointing to an improvement in purchasing power that may help propel
the economic expansion.
by
Karen DeMasters
It's a growing trend to meet demand from retail investors for products that hedge risk and mitigate volatility.
TCW Group Inc., the $127 billion asset manager founded by Robert Day in
1971, will go back to being a stand-alone firm after more than a decade
under ownership by Societe Generale SA.
As some other insurers have done, Hartford Financial Services Group Inc...
Jersey City borrowed $19
million to cover retiring workers' unused sick and
vacation time. Similar deals by other N.J...
Ten people were charged with a $40 million fraud relying on phony
documents and straw buyers to bilk mortgage lenders for properties at
the New Jersey Shore and resorts in South Carolina and...
by
Jim McConville
Finra fines and disciplinary actions this year are on track to significantly outpace those for 2011, according to a mid-year review released today by Sutherland Asbill & Brennan LLP.
U.S. financial regulators, responding to the growth in trading
securities over the Internet, want to bolster protections for investors
buying municipal bonds through online brokers.
by
Jim McConville
New Jersey officials have sued a Jersey City-based investment firm and its executives,
charging them with defrauding investors and raising approximately $12
million by selling unregistered...
by
Dorothy Hinchcliff
Morgan Stanley may close up to 100 offices in its retail brokerage
network as part of a larger cost-cutting effort aimed at raising profit
margins.
E*Trade Financial Corp., a brokerage that came under pressure from its
biggest shareholder to seek buyers, said CEO Steven
J...
by
Karen DeMasters
Ninety percent of Americans plan to change their investment
and savings strategies in the next six months, mostly because of concern about
the upcoming presidential election, says a new Edward...
by
Jim McConville
Independent brokerage industry veteran John Simmers is spearheading a group of industry executives that has acquired Calton & Associates Inc., a small sized broker-dealer and RIA.
Knight Capital Group Inc. CEO Thomas Joyce said in a
letter to clients yesterday the firm is "in good standing" with
clearinghouses and its broker-dealer units have sufficient capital.
Startups that help people rent their houses and cars to strangers have proliferated on the Internet, but insurers have been slow to provide coverage to them.
by
Jim McConville
Nearly half of investors find guaranteed income investments appealing
but many advisors don't recommend them, according to a report published
today by NFP Advisor Services Group.
