The 1906 Monet painting entitled Nympheas was purchased in 1960 at a Sotheby's auction in London for $50,000. That same 35-inch by 35-inch oil on canvas resold at Christie's New York in 1999 for $22.6 million. That's works out to an average annual...
The financial services industry is burdened by paperwork. But stock-jockey brokers should be thanking the Feds in at least one instance: for insider trading data. Insiders company officers, directors, relatives, anyone with access to key company...
So the market has finally remembered it can go up, and it appears that it's also learning how to sustain its rally. The foundation of this economic recovery is that the oversupply of goods and services that has been hobbling the U.S. economy too...
How useful are analysts' recommendations? The argument has been raging for years. There have been numerous academic studies and even actual matches between and real-life stock pickers remember the Wall Street Journal's dartboard contest, in which...
As a financial advisor, it makes sense to help your clients with anything related to their investments. That could include helping them to get a slice of the payout from class actions against companies being sued for crooked accounting and other...
It wasn't that long ago when a client would suggest a $5 stock and a broker would shake his head in disbelief and reply, Why would you want to take a chance on a penny stock? Today, chances are you'd recognize at least a few penny stocks. After...
These days, Anthony Soslow often finds himself facing a problem most reps haven't faced since clients were clamoring for hot IPOs back in the heady years of the last millennium. When Soslow, president of Global Capital Management, a financial...
On Aug. 14, as part of the government's new get-tough policy on deceptive corporate accounting, the CEOs and CFOs of 974 of the country's largest public companies had to personally swear that their financial documents were accurate. But if you...
Is it time to get your clients back into telecom? If the very word still gives you the jitters, that's understandable. No sector has caused so much pain to so many investors. Some $2 trillion in market capitalization has been lost over the last...