Five stats from the market and the stories behind them. This week: 20 days until the debt ceiling, BlackBerry picked for $4.7 billion, and two stocks worth a closer look.
StockInvestor editor Matt Coffina tracks the trends and valuations in the durable goods, discretionary, and tech sectors, as well as the impact of higher rates.
Five stats from the market and the stories behind them. This week: Fed defies predictions, dividend days for Microsoft, and JPMorgan's Whale tale continues.
Beyond noting their stock/bond split, investors should also check their small-cap exposure, overall rate sensitivity, and vulnerability to the wealth effect.
A federal judge has ruled that Merrill Lynch can't force a group of brokers suing the firm over overtime into arbitration. The case has big implications for the Finra-Schwab class action case.
Merrill Lynch Wealth Management has lured five advisors with $619 million in assets and about $2.9 million in production in its latest move in the hunt for advisory talent.
Bank of America Corp.'s Lisa Shalett, who was chief investment officer for the firm's Merrill Lynch brokerage for two and a half years, will leave the company.
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