Wall Street junk-bond underwriters, selling debt at a record pace after the securities returned 19 percent last year, say it’s obvious that prices will drop when interest rates rise. So don’t blame the banks
Wall Street cash bonuses for 2012 are expected to climb 8% from a year earlier, boosted in part by the payment this year of compensation deferred from prior years, according to a report by New York State Comptroller Thomas DiNapoli. New York securities firms will pay employees $20 billion in cash bonuses, up from $18.5 billion for 2011. The projected increase follows a steep decline of 19% for such payouts a year ago
Stocks on Wall Street were trading modestly higher on Monday, reflecting concerns that the Federal Reserve could curtail its stimulus for the economy sooner than many expected. The Standard & Poor’s 500-stock index added 0.1 percent in morning trading, the Dow Jones industrial average rose 0.1 percent and the Nasdaq composite index rose 0.3 percent.
Stock Digest ReportNewsletter ~~~~~~~~~~~~~~~~~~~~~~~~~~::~~~~~~~~~~~~~~~~~~~~~~~~~~(Most Important Email Written) You Must Reply Back To Get This…Set For Release: Sunday 7PM My “Holy Shmegma” Profile That Could Be Setting Up to Get Listed on Nasdaq! I will be releasing my fifth “Holy Shmegma”!
By Ryan Vlastelica NEW YORK (Reuters) – The S&P 500 dipped in a late decline on Friday as Wal-Mart dropped following a report of a weak start to February sales, though the index just barely extended its streak of weekly gains to seven. Equities were little changed for much of the session, with investors finding few reasons to make big bets following an extended rally on Wall Street, but stocks turned lower in afternoon action. Wal-Mart Stores Inc (NYS:WMT – News) dropped 2.1 percent to $69.30 after Bloomberg News reported a weak start to February sales, citing internal company e-mails.
NEW YORK: US stocks slipped at the open on Monday, with the S&P and Nasdaq dipping from multiyear highs, as Google shares weighed on the market on plans by its former chief executive to sell a large chunk of his stake in the Internet company. Trading volume was relatively low, which could make the market volatile and exaggerate moves
Peter Hofstra, President and CIO of Manitou Investment Management Ltd., Interviews with The Wall Street Transcript …
67 WALL STREET, New York – February 8, 2013 – The Wall Street Transcript has just published its Investing in Canada Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online