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Investment Service News

Investment Services news continually updated from thousands of sources around the net.

1 hr ago | Pensions & Investments

PSCA survey: 403(b) participation, deferral rates up in 2012

Participation rates and deferral rates among participants in 403 plans rose last year vs.

Comment?

Related Topix: Principal Financial Group, Financial Services, Insurance

6 hrs ago | The Jersey Journal

Stocks rise on the strength of Home Depot

U.S. stocks rose, after the Standard & Poor's 500 Index slipped from a record high yesterday, as Home Depot rallied on earnings and investors weighed the possibility the central bank will scale back stimulus plans.

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Related Topix: Financial Markets, Liz Claiborne, Apparel, Charles Schwab, Ben Bernanke

10 hrs ago | MarketWatch

H-P, Target, Saks are Wednesday's stocks to watch

Dow component Hewlett-Packard Co. and Target Corp. are among the high-profile companies reporting quarterly results on Wednesday.

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Related Topix: Retail, Saks, Financial Markets, HP, Computers, Goldman Sachs, Financial Services, Cohen Group, Consulting, Burbank, CA

11 hrs ago | Reuters

Global Markets-Shares end higher as eyes turn to Fed

The Dow Jones industrial average and S&P 500 ended at all-time highs, while the dollar rose and gold fell.

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Related Topix: Reuters, Goldman Sachs, Financial Services, Cohen Group, Consulting, Ben Bernanke, Financial Markets

15 hrs ago | Daily Political

Greene King Stock Rating Reaffirmed by Jefferies Group

's stock had its "buy" rating reaffirmed by research analysts at Jefferies Group in a report released on Wednesday, StocKRatingsNetwork.com reports.

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Related Topix: Financial Services, Investment Banking, Jefferies Group

Tue May 21, 2013

Reuters

Merck signs $5 billion share buyback agreement with Goldman Sachs

Apple's ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs.

Comment?

Related Topix: Biotech, Merck , Medicine, Healthcare Industry, Goldman Sachs, Financial Services

SFGate

Stocks gain on reassurance from a top Fed official

Reassuring comments from a Federal Reserve official and better earnings from two big retailers helped push the stock market higher Tuesday.

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Related Topix: Financial Markets, Federated Investors, Financial Services, Banking, JP Morgan Chase , Ben Bernanke, Business News

Connecticut Post

Gupta challenges insider conviction and use of wiretaps

Rajat Gupta , former Goldman Sachs director and former senior partner at McKinsey & Co., exits Federal court with his lawyer Gary Naftalis after being sentenced to two years in prison on Oct.

Comment?

Related Topix: Goldman Sachs, Financial Services, McKinsey & Company, McKinsey, Consulting, Prison, Second Circuit Court of Appeals, US News

FOX23

Ex-Goldman exec jailed for insider trading seeks retrial

A lawyer for a former board member at Goldman Sachs and Procter & Gamble Co., who was convicted on insider trading charges, has told an appeals court that his client deserves a new trial.

1 comment

Related Topix: Goldman Sachs, Financial Services, Second Circuit Court of Appeals, US News

Bloomberg

Sprint Raises Clearwire Bid, Topping Dish Counteroffer

Sprint offered $3.40 a share, up 14 percent from a previous bid of $2.97 a share, the company said today in a statement.

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Related Topix: Sprint Nextel, Telecom, IT Services, Dedham, MA, Google, Startups, SoftBank, Financial Services, US News

Business Journal

Legg Mason proposes fixed-income fund with money-market liquidity

Legg Mason plans to offer a new kind of fixed-income mutual fund designed to appeal to investors looking for the liquidity of money-market funds.

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Related Topix: Legg Mason, Financial Services

Reuters

Sprint receives SoftBank waiver to consider Dish offer

Sprint Nextel Corp said its Japanese suitor SoftBank Corp granted it a waiver allowing it to consider a $25.5 billion rival bid by Dish Network Corp, as pressure mounts on SoftBank to sweeten its offer for the No.

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Related Topix: SoftBank, Financial Services, Sprint Nextel, Telecom, IT Services, Financial Markets

Mon May 20, 2013

Sunday Herald

FirstGroup share price slumps on rights issue

MORE than 328 million was wiped off the market value of Aberdeen-based transport giant FirstGroup as its shares plunged by nearly a third after it asked shareholders for 615m to reduce its debt pile and turn around its bus and rail operations.

Comment?

Related Topix: FirstGroup, Transportation, Financial Services, Aberdeen Asset Management

AmericanBankingNews.com

Aeropostale Price Target Increased to $20.00 by Analysts at Jefferies Group

The firm currently has a "buy" rating on the stock. The analysts wrote, "We continue to like the specialty retail group heading into 1Q earnings.

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Related Topix: Investment Banking, Financial Services, Jefferies Group, Retail, Apparel, Aeropostale, Financial Markets

AmericanBankingNews.com

Bed Bath & Beyond Rating Lowered to Hold at Jefferies Group

They currently have a $71.00 target price on the stock, down from their previous target price of $76.00. The analysts wrote, "We are lowering our rating on the shares of Bed Bath & Beyond to Hold from Buy while taking down the price target to $71 from $76. Although we believe this company has all the potential to become an omni-channel leader in ... (more)

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Related Topix: Consulting, Beyond Corp, Financial Services, Investment Banking, Jefferies Group

Digital Pro Sound

Academy of Art University Web Design and New Media Student Heather...

Heather Tomkins, a Web Design and New Media graduate student at Academy of Art University, will be spending the summer working at Klout, the San Francisco tech company that measures the influence of social media users, thanks to the Kleiner Perkins Design Fellows Program.

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Related Topix: Klout, Kleiner Perkins Caufield and Byers, Venture Capital, Startups, Financial Services, Kleiner Perkins Caufield & Byers, Emerging Technology

The Globe and Mail

Lessons in estate planning from Warren Buffett

I've never had the pleasure of meeting Marvin Blum. But if I ever do, I'd like to shake his hand.

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Related Topix: Estate Planning, Personal Finance, Warren Buffett, Construction, Berkshire Hathaway, Family, Kids

Reuters

Goldman exits China's ICBC, seven years and billions later

A Goldman Sachs sign is seen over their kiosk on the floor of the New York Stock Exchange, April 26, 2010.

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Related Topix: Goldman Sachs, Financial Services, Independence Community Bank, Banking

Christian Science Monitor

Stocks gain on good economic news

A gauge of future economic activity rose more than analysts had expected, as did a measure of consumer confidence, adding to evidence that the economy is steadily recovering.

Comment?

Related Topix: Financial Markets, Charles Schwab

Daily Political

Shaftesbury Rating Reiterated by Jefferies Group

's stock had its "hold" rating restated by equities researchers at Jefferies Group in a report issued on Monday, AnalystRatingsNetwork reports.

Comment?

Related Topix: Investment Banking, Financial Services, Jefferies Group, World News, Brazil

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