Financial Frame - Financial Advisor News

Financial Advisor News

N.Y. Appellate Panel Affirms Suit Over Alleged Promise to Pay Client's Fee Tuesday, March 9, 2010 @ 11:12PMAn attorney who conveys an alleged agreement to cover the legal costs of another lawyer's client can be held liable for unpaid fees, a unanimous New York appellate court panel ruled Tuesday. The decision allows the firm of DePetris & Bachrach to pursue claims against the Shiboleth law firm and one of its lawyers, Charles B. Manuel, that they had promised that their clients would make good on ...
Gas prices will jump, but not too high Tuesday, March 9, 2010 @ 11:11PMIn just one month gas prices have jumped nearly ten cents, and the cost of a gallon is expected to creep higher as the weather warms up.
Elliott Kugel of Merrill Lynch in Bridgewater named among New Jersey's top financial advisors by Barron's magazine Tuesday, March 9, 2010 @ 11:04PMBRIDGEWATER — Township-based Merrill Lynch financial advisor Elliott Kugel recently was recognized as one of the top advisors in New Jersey by Barron's on the "America's Top 1,000 Advisors: State-by-State.'' 317 Merrill Lynch Financial Advisors are included on this list, the most of any firm.
Abbott announces definitive agreement to acquire Facet Biotech Tuesday, March 9, 2010 @ 10:56PMAbbott and Facet Biotech Corporation announced today a definitive agreement for Abbott to acquire Facet, enhancing Abbott's early- and mid-stage pharmaceutical pipeline.
Gold strengthens to test 1,125.00 Tuesday, March 9, 2010 @ 10:53PMFXstreet.com (Barcelona) – Gold is currently at 1,124.60 after pricing 1,121.50 at the opening bell. Bullion is rising steadily and picking up pips to the upside. Price topped at 1,124.70 (just above March 9 highs) and seems to be struggling to break through.
Forex: NZD/USD consolidates above 0.7000 Tuesday, March 9, 2010 @ 10:53PMFXstreet.com (Sydney) – The NZD has consolidated gains against the dollar and is above 0.7000. The pair is currently trading at 0.7060. The Kiwi earlier opened on 0.7026 and set an intraday high of 0.7071. The pair finds support at 0.7034, resistance at 0.7081 and is considered slightly bullish.
LoDo Assault Victim Says Cop Fabricated Injury Tuesday, March 9, 2010 @ 10:47PMA victim in a racially-motivated attack in LoDo last August now says a Denver police detective "pressured" him into fabricating an injury that helped lead to felony charges against eight suspects.
FX markets flatlining in Asia Tuesday, March 9, 2010 @ 10:08PMNo your platform is probably not stuck in gear, the market just is not moving at all. The AUD and NZD are still trying to grind higher but even that is painful to watch and of course the poor old pound is grinding away in the other direction. Let's hope Europe finds some reason to trade.
Americans Not Ready for Retirement Tuesday, March 9, 2010 @ 9:58PMA recent survey by the Employee Benefit Research Institute says 43% of Americans have less than $10 thousand saved for retirement, but Financial Advisor Gerri Harrison thinks that's underestimating the situation. "A lot of them don't have 5K. A lot of them don't have anything they've saved towards retirement," said Harrison. Harrison owns a Financial Service business in Johnson City. She's ...
GBP/JPY slips slightly lower at 134.50 Tuesday, March 9, 2010 @ 9:53PMFXstreet.com (Barcelona) – The pair continues to drift from highs at 137.30 (March 8) and may be heading for a third straight loosing day for the cable. The price opened at 134.85 to peak a quick upmove at 135.20 where it failed to hold.
Oil eases down from 8-week high Monday, March 8, 2010 @ 2:38PMFXstreet.com (Barcelona) - Crude is currently struggling to hold above 81.85 and it is priced just under 81.83 (20:20 GMT). The oil value had a rapid ascent towards 82.38 (8-week high) through early european hours, impulsed by economic prospects and the weaker dollar.
Indices: Dow no definitive direction, close to flat on day Monday, March 8, 2010 @ 2:23PMFXstreet.com (London) - DowJones still shows little signs of any definitive direction in trading today. The US index has oscillated quietly around the 10550 mark in the absence of significant triggers.
Entrepreneur Hopes To Spur Economy In Englewood Monday, March 8, 2010 @ 2:18PMAn entrepreneur is hoping to become a successful small business owner by opening Jimano's Pizzeria along South Broadway in Englewood. Joe Kubik, 28, is renovating an empty space in a strip mall for his new business.
Northwestern Mutual Foundation Names Community Impact Award Winners Monday, March 8, 2010 @ 2:09PMMILWAUKEE----The Northwestern Mutual Foundation is announcing $200,000 in Community Impact Award grants for nonprofit organizations to honor exemplary community service achievements made by Northwestern Mutual financial professionals.
Should You Convert to a Roth? Pros Weigh In Monday, March 8, 2010 @ 2:08PMWhen would you like a tax break -- today or tomorrow?
Forex: Euro follow Gold south, breaks general risk theme Monday, March 8, 2010 @ 1:38PMFXstreet.com (London) - Euro lost up to 80 pips when it hit lows of 1.3611 earlier in New York trade today. Euro has, like gold, drifted somewhat moreso than other risk markets in trade today, with oil and stocks managing to consolidate on last weeks gains.
Harnessing technology: A matter of survival Monday, March 8, 2010 @ 1:16PMIn today’s financial services industry, technology isn’t just an accessory; it’s a bare necessity. Technology is essential in gathering information and providing advice to your clients.
Newton South mock trial team makes 'Sweet 16' round Monday, March 8, 2010 @ 1:01PMSixteen high schools, including Milford, St. John's in Shrewsbury and Newton South, have been named Sweet 16 regional finalists in the 25th annual Mock Trial Program presented by the Massachusetts Bar Association. The regional finalists will continue in the program by competing in trials throughout this week.
Home purchase intentions full steam ahead: RBC poll Monday, March 8, 2010 @ 4:00AMHomebuying momentum in Canada continues to gain steam with the portion of Canadians who are very likely to purchase a home in the next two years rising to 10 per cent from seven per cent two years ago, according to the 17th Annual RBC Homeownership Study.
Euro Zone Mar Sentix Investor Confidence rises to -7.5 from -8.2 Monday, March 8, 2010 @ 3:46AM© 2010 “FXstreet.com. The Forex Market” All Rights Reserved. Every effort is made to provide accurate and complete information. However, with the thousands of documents available, often uploaded within short deadlines, we cannot guarantee that there will be no errors.
Euro-Zone investor confidence improves, but remains pessimistic Monday, March 8, 2010 @ 3:46AMFXstreet.com (Barcelona) - Investors grew less pessimistic in the Euro-Zone, according to the Sentix investor confidence index which improved to -7.5 in March from -8.2 in February.
Forex: EUR/USD, rejected at 1.3700 resistance area Monday, March 8, 2010 @ 3:46AMFXstreet.com (Barcelona) - Euro recovery was fuelled on Friday by better than expected Non-Farm payrolls data, and the common currency bounced at 1.3535 to return above 1.3600 and extended higher on Asian session, although the pair failed on its first attempt to break above 1.3690/00 last two-weeks range top.
Spot Gold, consolidating between $1,132 and $1,138 Monday, March 8, 2010 @ 3:31AMFXstreet.com (Barcelona) - After an strong rally earlier on the week, which pushed Spot Gold up from $1,088 to 6-week high at $1,145, XAU/USD remained largely unchanged despite NFP boosting risk appetite, and the Yellow metal has remained trading in range between $1,132 and $1,138 on Monday's Asian session.
Forex: AUD/USD advances strongly and hits 6-week high at 0.9130 Monday, March 8, 2010 @ 3:01AMFXstreet.com (Barcelona) - Australian Dollar has continued rallying at a steady pace, and rally from 0.8800 low at Feb 25 extended, on post NFP risk appetite, breaking above 0.9075/90 resistance area, to hit 6-weeks high at 0.9130 on Mar 8.
Colbert becomes fourth city to pledge funds to animal shelter Monday, March 8, 2010 @ 3:00AMHull, Comer, Danielsville and now Colbert have all sent money to the non-profit, two-county shelter, which is struggling financially. “We do use them a lot,” Colbert Mayor Chris Peck said, “with “(Animal control officer) Jack (Huff) picking animals.”
Swiss retail sales beat expectations Monday, March 8, 2010 @ 2:31AMFXstreet.com (Barcelona) - Swiss adjusted real retail sales grew by 4.4% in January versus the 4.7% increase in December. This slide still exceeds market expectations of a greater decrease to reach a more modest growth rate of 2.4%.
Forex: EUR/USD rallies, to fail at 1.3845/75 - Commerzbank Monday, March 8, 2010 @ 2:16AMFXstreet.com (Barcelona) - The Euro bounced on Friday from 1.3530 low to reach 1.3700 area on Monday's Asian session although, according to Karen Jones technical analyst at Commerzbank, upside attempts are expected to be capped below 1.3845/75 area.
Couple rams SUV through garage door to escape Glen Oaks house fire Saturday, March 6, 2010 @ 1:00PMA fire destroyed the Glen Oaks home of Gary and Marcia Fletcher Friday night and nearly claimed the couple as victims as well.
Deals for the road Saturday, March 6, 2010 @ 12:45PMFuel prices have gone up, and so have car prices. but smart purchasing skills can help save Money.
Sunday March 07 2010 Saturday, March 6, 2010 @ 11:14AMMARCH 6 — Oddly enough, the goods and services tax (GST) talk hosted by Pakatan Rakyat was the second time in my life I set foot in the MBSA auditorium; the first being a kindergarten performance of dancing to “New York, New York”, while wearing a suit, white gloves and a hat with my face daubed in makeup.
How to Get Most Financial Aid for College Saturday, March 6, 2010 @ 10:30AMFinancial Advisor Ray Martin Offered Tips on How Parents Can Get a Leg Up on That Dreaded FAFSA Form
5 to run for 3 seats on Warren school board; unopposed race for high school board Saturday, March 6, 2010 @ 9:44AMWARREN TWP. – Five candidates, including three incumbents, have filed to run for three three-year terms on the grades K-8 Board of Education.
Saturday March 06 2010 Saturday, March 6, 2010 @ 7:27AMMARCH 6 — Oddly enough, the goods and services tax (GST) talk hosted by Pakatan Rakyat was the second time in my life I set foot in the MBSA auditorium; the first being a kindergarten performance of dancing to “New York, New York”, while wearing a suit, white gloves and a hat with my face daubed in makeup.
The Leading Business Weekly Saturday, March 6, 2010 @ 4:50AMNews reports and feature articles in The Independent seek to present an unbiased picture of developments in the markets, the corporate world and the government. Actual developments can turn out to be different owing to circumstances beyond The Standardâ€™s control and knowledge.
Safe room is discussed at Fair Grove city meeting Saturday, March 6, 2010 @ 4:12AMAt the Feb. 23 meeting of the Fair Grove Board of Aldermen, city officials discussed the possibility of obtaining a storm shelter/multi-purpose building that would be constructed on the school campus if the matter is pursued.
Back-office venture to aid advisers Saturday, March 6, 2010 @ 2:44AMIn today's complicated investment world, many independent advisers are busy enough helping their clients build and maintain wealth without also having to worry about back-office functions.
On Investing: Markopolos said Madoff never traded, it was all made up Saturday, March 6, 2010 @ 1:24AMIt’s been one year this month since Bernard Madoff plead guilty to operating history’s largest Ponzi scheme.
County bond moves ahead Saturday, March 6, 2010 @ 12:30AMThe Creek County Public Facilities Authority board met Thursday to deal with the ramifications of Claremoreâs RCB Bankâs withdrawal to sell bonds and the altered financial landscape and plans for the proposed juvenile detention center and other county improvements.
Financial advisor warns sugar land purchase for Everglades restoration could overwhelm South Florida Water Management ... Friday, March 5, 2010 @ 11:32PMAn outside financial advisor has warned water managers that plummeting revenues could leave them with a difficult choice between cutting operations and maintenance or sticking to Gov. Charlie Crist 's controversial deal with the U.S. Sugar Corp.
Egypt: Non-Traditional Offerings Friday, March 5, 2010 @ 4:29AM01 March 2010 With the Arab world's largest population and a high level of poverty, Egypt is an ideal candidate for the expansion non-traditional banking products, including mobile banking and microloans.
Ruffa Gutierrez says ex-husband Yilmaz Bektas will arrive in Manila this March Friday, March 5, 2010 @ 4:28AMThe new TV5 talent became emotional when she recalled saying goodbye to her ABS-CBN family.
The hidden detail Friday, March 5, 2010 @ 4:19AMWith high annual costs and often below average returns, are fund of funds delivering on their promises? Many commentators argue that broker fund of funds, in particular, are offering little value and creating layers of costs for clients.
Forex: USD/JPY recovery finds resistance at 89.45 Friday, March 5, 2010 @ 4:08AMFXstreet.com (Barcelona) - Dollar's rebound from 88.15 low on Thursday extended above 89.20/25 -Thursday's high- in Asian session, to reach 89.45 high at European opening, where the pair has met resistance and pulled back to 89.20 area.
Special Event Friday, March 5, 2010 @ 4:08AMNikkei stretches above 2% on weaker yen FXstreet.com | Fri, Mar 5 2010, 01:52 GMT The Japenese key index continues to rise passed the 2% increase and is currently trading at 1,350.00 points.
Lack of broadband is driving businesses out of rural areas, says government advisor Friday, March 5, 2010 @ 3:55AMThe lack of broadband communications in rural areas is forcing businesses and young people to abandon the countryside, a government advisor says. The...
UK PPI output for Feb YoY highest in 14 months Friday, March 5, 2010 @ 3:53AMFXstreet.com (Barcelona) - The producer price index output for the United Kingdom grew by 4.1% from February 2009 to the same month of this year.
European markets open in positive with payrolls on focus; Euro and Pound, in range Friday, March 5, 2010 @ 3:53AMFXstreet.com (Barcelona) - European markets have opened Friday's session on a moderate bid tone ahead ofkey US payrolls report as investor's optimism was lifted yesterday with strong US claims data. In FX markets Euro and Pound remain trading range bound.
UK PPI input for Feb YoY grows less than expected Friday, March 5, 2010 @ 3:53AMFXstreet.com (Barcelona) - The producer price index input for the United Kingdom grew by 6.9% from February of 2009 to the same month of this year, coming in behind forecasts of a greater increase of 7.8% compared to January's annual rate of 8.4%.
UK Feb Input PPI rises 0.1% MoM and 6.9% YoY Friday, March 5, 2010 @ 3:38AM© 2010 “FXstreet.com. The Forex Market” All Rights Reserved. Every effort is made to provide accurate and complete information. However, with the thousands of documents available, often uploaded within short deadlines, we cannot guarantee that there will be no errors.
World's biggest virus 'botnet' uncovered Wednesday, March 3, 2010 @ 7:48PMMADRID – Spanish police said Wednesday they had arrested three men suspected of building the world's biggest network of virus-infected computers which hijacked more than 13 million PCs.