02/08/2012

Canaccord profit falls but tops street

During the third quarter of fiscal 2012, the quarter ended December 31, 2011, Canaccord Financial Inc., generated $147.9 million in revenue and recorded net income of $2.5 million, or $0.01 per common share.

01/27/2012

Raymond James Net Income Tumbles 18% From Year-Ago Quarter

Net income for the first quarter of last year totaled $81.7 million and $68.9 million last quarter. Price per diluted share for the first quarter is $0.53, versus $0.65 per diluted share in the first quarter of 2011 and $0.54 per diluted share last quarte

01/27/2012

Morgan Keegan Execs Head to Raymond James HQ‎

“The loyalty these advisors have demonstrated during what must have been an excruciatingly stressful period is a testament to their character, their dedication to clients and the importance they place on being a part of a firm that is like family.&a

01/27/2012

Eagle Asset Management announces leadership changes

There are no changes to the ownership or control of Eagle or the Eagle Family of Funds resulting from Riess’s retirement, or any material change in investment advisory or portfolio management services provided by Eagle.

01/26/2012

Wealth, Presidents, and Being "Out of Touch"

Throughout the decades, Americans have elected very wealthy men to the White House without any fanfare. Yet with record rates of unemployment that many are experiencing over a period of years, the issue of class in the U.S. has gained a new significance.

01/26/2012

Hedge fund managers rush to set up new firms

Managers including ex-Gartmore employee Guillaume Rambourg, former Barclays Capital commodities trader Todd Edgar and Sutesh Sharma, a senior proprietary trader at Citi are amongst those trying to raise capital for new businesses.