Late Selloff Seals Stocks’ Drop

A grim employment report and a late bout of across-the-board selling pushed stocks lower on Friday, bringing a tough week for stocks to a queasy end ... , which was also said to be looking to sell its Smith Barney brokerage business. Its shares ended down ... woes and energyStock futures slide after Wal-Mart disappoints [more...]

Date: 2009-01-09 21:28:46

Blog posts (13) | Videos (1)
 

Roger Biduk; Wall Street Lower on Earnings Concerns

Roger Biduk writes:   U.S. stocks fell on Monday for a fourth consecutive session with investors stepping tentatively before Alcoa Inc ... components trading lower.    Weighing the most on the blue-chip index, shares of Alcoa (AA) declined 9.6 ... its brokerage business with Morgan Stanley (MS). Morgan led all S&P 500 financial stock gainers [more...]

Date: 2009-01-12 18:24:15

bailout for purchasing???

Hey everyoneI just came across a story that is talking about Citigroup dumping its brokerage business to Morgan Stanley for two to three billion. I am loving the way the government has absolutely [more...]

Date: 2009-01-12 14:42:00

Poor market conditions forces Redfin to change policies, prices

From the wire: Online residential brokerage Redfin is changing its business model in an effort to attract more customers … Buyers can now get ... photography and more online marketing. Have you used a discount broker such as Redfin? Why? Were [more...]

Date: 2008-11-13 20:04:29

Wiping out my savings is one thing. Wiping out Bubbie and Zadie's is something else entirely

the now-famous video of me and Madoff and his employee Josh Stampfli misses. All that talk in the video about how Madoff makes money and what his dealings with the SEC are like relates to his brokerage business, which was a pillar of the Nasdaq system and was, as far [more...]

Date: 2008-12-17 12:04:47

Trading Post Brokerage now a CTA

It’s been a busy holiday season – the busiest I think I’ve ever had with my young family ... as a Commodity Trading Advisor. ... . It happened under the radar a couple of weeks ago, but Trading Post Brokerage Services, in addition [more...]

Date: 2008-12-31 07:54:37

Media Digest 1/12/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Blue_hills According to Reuters, Citigroup (C) is near a deal to form a venture putting its brokerage business together with the one at Morgan Stanley (MS) Cit would be paid about $2 billion [more...]

Date: 2009-01-12 09:07:45

The Joy of Marketing With Positive People

Every day the news blasts are about the economy and job losses get me down. Then I watch my brokerage account plummet. Topping that off, new business is not as active as usual and everyone [more...]

Date: 2009-01-13 03:38:35

Here Comes Your Annual Privacy Notice

The much ballyhooed law passed a few years ago that was supposed to address all the privacy concerns out there regarding banks, brokerages, utilities, mortgage companies, and other companies that you do business with requires that all companies send you a privacy notice at least once per year [more...]

Date: 2009-01-08 14:36:00

For Citigroup, asset sales likely to be difficult

By Paritosh Bansal NEW YORK (Reuters) - Citigroup Inc may explore further asset sales after divesting its Smith Barney retail brokerage unit to ... retail-brokerage operations and the private-label credit-card businesses may also be put on the block [more...]

Date: 2009-01-12 23:09:30

Trying To Make Sense of The Brokerage Bust

Image via Wikipedia Fifty to a hundred thousand high paying jobs are going to go up in smoke in NYC before this is all over ... business is changing, this is what's going on, ..... the stock broker as we know it is gone, hedge ... banking and money management. In the cheap-money period of 2002 to 2007, Wall Street’s thirst [more...]

Date: 2008-09-18 10:51:55

Review Of E*Trade Bank High Interest Savings and Checking Accounts

When most people think of ETrade, the popular online discount brokerage firm with the cutesy talking baby commercials probably comes to mind ... for future brand name recognition. Since its days as a leader in the do-it-yourself stock investing ... a low cost discount broker, the company has  jumped into the online banking business. Hoping [more...]

Date: 2008-12-27 08:39:38

Thinkorswim- The Best Brokerage

by Walter Fox There was a time when people were not getting easy credit from financial institutions due to their rigid conditions ... trading business found great new methods of detection. Online option and people with the beginning of the trading system jumped into the fray. Within a few trading sessions, felt the importance [more...]

Date: 2009-01-06 13:51:33

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