Deutsche Bank analysts reckon BHP Billiton's harvest of several non-core assets could bank the world's biggest miner up to US$10 billion. Though the broker notes BHP will be in no hurry to sell, the miner has emphasized its focus on large, ...
India's stock market regulator, the Securities & Exchange Board of India, seems to be a believer in learning from others' mistakes. SEBI officials have been searching for lessons from the debacle at U.S. brokerage firm MF Global Holdings ...
The Romney campaign is better at dismantling than mantling. They're better at taking opponents apart than building a compelling candidate of their own. They do not seem capable of deepening his meaning, making his stands and statements more ...
The thing that all of us financial advisers have in common - no matter what size firm we work at or what letters we have after our names on the business card - is that most of us started out as brokers.
Links for the informed adviser... Markets Remember there was finally a Greek bailout-for-austerity deal in place yesterday? So it's not actually a done deal and futures are lower because of it. ( MarketWatch )
LONDON (MarketWatch) — British stocks pulled back on Friday as investors weighed news that Greece’s next instalment of aid would not be released before austerity measures approved by political leaders were also ratified by the nation’s ...
By Matthias Rieker Citi put another nail in the coffin of the mortgage brokerage business: It will stop originating home loans through brokers.
HONG KONG (MarketWatch) — China’s trade surplus widened more than expected in January amid a sharp drop in imports, although analysts cautioned against alarm, saying the data may reflect holiday-related distortions rather than deterioration ...
NEW YORK—Thomson Reuters Corp. handled more foreign-exchange spot-market trading than its main rival EBS for a third straight month in January, as dwindling trading in the Swiss franc and the yen weighed on EBS volume figures.
The recent sale of the trophy Knickerbocker Hotel building for more than $100 million included a twist that few brokers like to hear: The buyer and seller cut a deal quietly without a broker and, naturally, no commission.
Austin Street, the bustling commercial heart of Forest Hills, Queens, has solidified its status as a mecca for shopping, dining and entertainment, bringing in patrons from the neighborhood and beyond.
NEW YORK—Program trading in the week ended Feb. 3 amounted to 32.2% of New York Stock Exchange average daily volume of 1.83 billion shares, or 588.6 million program shares traded per day.
As investors dumped Diamond Foods' stock, a surprising number of traders took to the options market on Thursday to play for a rebound in the beleaguered snack-foods company's shares.
WASHINGTON—A federal judge Thursday handed the Securities and Exchange Commission a partial victory in its suit against an agency that insures U.S. brokerage accounts to force it to pay investors in R. Allen Stanford's alleged $7 billion ...