Stifel Financial News

Investors flooded into U.S. Treasuries, raising prices and pushing the yield on the benchmark 10-year note down to a record low of 1.63%. The Dow Jones industrial average was down 143 points, or 1.1%, in late morning trading.

Facebook's offering was delayed by 30 minutes on Friday due to technical glitches the exchange has acknowledged.

With a total of four awards, Stifel ranked tied for fifth overall out of nearly 200 qualifying firms.

After an initial sell-off, U.S. stocks turned Friday as better-than-expected economic data offset concerns about JPMorgan's $2 billion trading loss.

After an initial sell-off, U.S. stocks turned Friday as better-than-expected economic data offset concerns about JPMorgan's $2 billion trading loss.

Stifel Financial Corp. officials said today that the company posted a profit of $34.8 million in the first quarter ended March 31, up 11 percent from $31.4 million during the same quarter last year.

The company's net revenue also increased. It was $400.3 million in the first quarter, up 9 percent from $366.6 million during the first quarter of 2011.

Long before David Einhorn raised red flags about Green Mountain, a little-known analyst from a St.

This weekend, at Berkshire Hathaway's annual meeting, tens of thousands of Warren Buffett faithful have descended on Omaha, the hometown of Buffett and his company.

Tilly's , a specialty retailer of West Coast-inspired apparel, footwear and accessories, priced its 8 million share IPO at $15.50, above the $11.50-$13.50 range.

Raymond James Financial said on Wednesday it hired a veteran adviser from Stifel, Nicolaus & Co who managed more than $105 million in client assets at his old firm.

A day after a strong report on manufacturing activity pushed the Dow to its highest close since December 2007 , investors were hit with a grim reminder of the lackluster job market.