Taxing developments
Three of the country's top organizations for tax professionals are urging Congress to repeal the alternative minimum tax, streamline capital gains taxes and worker classification rules and get rid of phaseouts.
Europe’s booming M&A market fueled by American know-how
Mergers and acquisitions in Europe are showing a decidedly Yankee touch — perhaps because most are being engineered…
Bonds quietly did quite well in ’99
Stock mutual fund managers weren’t the only ones celebrating in 1999. Managers of large domestic bond portfolios also…
Stable value, junk bond managers rise to the top
Stable value managers made it to the top of the charts among commingled bond fund managers last quarter,…
Egos on parade as Wall Street ponders future
Federal regulators have begun one of the most sweeping debates on the stock market since the New York Stock Exchange opened in 1817.
Fidelity’s online brokerage cannibalizing its fund biz
Research firm concludes Fidelity lost $2 billion of mutual fund assets to its brokerage business in the first seven months of 1999
Hedge trimming buoys the goldbugs
After nearly 20 years of watching laggard performance, precious metals investors are finally getting bullish.
Banks better than most in fund sales
Mutual fund sales slipped last year, but the banking industry, a relative beginner in the business, did only half as badly, a consultant's report shows.
It isn’t eurotrash yet, but EU’s currency is in the dumps
Prospects for any sustained rise in the euro appear bleak for the foreseeable future, currency traders say.
Most ECNs seem to be hedges waiting to be clipped
In the past two years, Wall Street's leading firms have invested tens of millions of dollars in electronic communications networks - those new electronic stock markets that some believe pose a real threat to the Nasdaq Stock Market and the New York Stock Exchange.
Retirees throw up roadblock to US West-Qwest deal
A group of US West Communications Inc. retirees is opposing the company’s merger with Qwest Communications International Inc.,…
Pru rocked as high-tech acquisition’s pros take a hike
Prudential Securities Inc.'s acquisition of a West Coast investment banking boutique had all the makings of a perfect marriage.
Irate Amex members pose threat to Nasdaq’s spinoff
Members of the American Stock Exchange are considering a lawsuit that could derail the National Association of Securities Dealers' plan to spin off the Nasdaq Stock Market.
Munder gets new boss, keeps old owner
Birmingham, Mich.-based Munder Capital Management faces 2000 with a new CEO and a hot new technology mutual fund…
Safe harbor made easier for pension plans
The Internal Revenue Service is removing a major administrative hassle and expense for employers who want to offer generous 401(k) plans that are exempt from non-discrimination tests.
Most employers using Internet for workers’ 401(k) education
The Internet has become a popular way for employers to provide 401(k) plan investment education to employees, a new survey shows.
More mergers, joint ventures ahead for mutual funds
This year mutual fund managers will speed up searches for acquisitions or joint ventures like last month’s foray…
Sharpe focus: Rating mutual funds by return per unit of risk
Global Equity 1 year 3 year Volatility Sharpe Assets Volatility TOP 10 % Chg Return Annualized Ratio ($m)…
Agents urged to woo brokers for clients
Like asking a toddler to share a favorite toy, insurance agents need to treat stockbrokers with kid gloves…
Finding bargains in a fallow field
Money managers in search of bargain stocks are looking no further than competitors' backyards, even if the grass isn't necessarily greener.
