Some advisors prefer clients with assets in the $500,000 to $2 million range over the ultrawealthy—they are less maintenance.» Read More
NEW ORLEANS-- BP PLC said Thursday it has capped and plugged an abandoned piece of equipment that is believed to be the source of a sheen spotted near the site of its massive 2010 oil spill in the Gulf of Mexico. BP and the Coast Guard both say no oil has been seen leaking out of the container since it was capped and plugged.
NEW YORK, Oct 24- Money managers across the United States are avidly watching the Nov. 6 presidential election, gaming out investing strategies in the event of a second term for Barack Obama or a first one for Mitt Romney.
*CEO Steve Bennett takes control of sales force. BOSTON, Oct 24- Symantec Corp reported results ahead of Wall Street expectations as its new chief executive took direct control of the company's sales force as part of an effort to turn around the maker of security software. You have a new CEO who is off to a good start,'' said Daniel Ives, analyst with FBR Capital Markets.
NEW YORK, Oct 24- Barnes& Noble Inc said on Wednesday that customers who shopped at 63 of its stores as recently as last month may have had their credit or debit card information stolen in what the U.S. bookstore chain called a ``sophisticated criminal effort.''.
SAN FRANCISCO, Oct 24- Billionaire hedge fund manager Tom Steyer says he will focus on pushing California toward an alternative energy future when he steps down from the company he founded, Farallon Capital.
Boston, Oct 24- Symantec Corp, the top maker of computer security software, reported results ahead of Street expectations as its new chief executive began a turnaround effort following the firing of his predecessor in July.
*Treasury auctions $35 billion of 5- year notes. NEW YORK, Oct 24- Prices of U.S.
*Dow down 0.1 pct, S&P 500 off 0.2 pct, Nasdaq off 0.2 pct. *Boeing dips after results, but housing shares rise. NEW YORK, Oct 24- U.S. stocks edged lower on Wednesday after the Federal Reserve stuck with its plan to keep stimulating the U.S. economy until the job market improves.
*Treasury auctions $35 billion of 5- year notes. NEW YORK, Oct 24- Prices for U.S.
BOSTON-- Massachusetts regulators in 2004 proposed a formal reprimand for a company now linked to deadly meningitis outbreak, but they never delivered it after the company protested the reprimand could be "fatal to the business."
BILLERICA, Mass.-- Entegris Inc. said Wednesday that its chief operating officer will become CEO next month as its chief executive steps aside. Gideon Argov, 55, Entegris' current CEO, will step down Nov. 27, when Loy, 47, will officially become CEO.
Oct 24- The U.S. Department of Interior granted a lease for an offshore wind farm off the coast of Delaware to a unit of U.S. power company NRG Energy, which decided in December to put the project on hold due to financial considerations.
CAMBRIDGE, Mass.-- Online content-delivery company Akamai Technologies Inc. said Wednesday that its third-quarter earnings rose 14 percent from a year ago as revenue grew. Net income in the three months to Sept. 30 rose to $48.2 million, or 27 cents per share, from $42.3 million, or 23 cents per share, a year ago.
DISTRESSING DISCOVERY: An investigation into a Massachusetts pharmacy at the center of a deadly meningitis outbreak has found conditions including leaky boilers, dirty floor mats and drugs shipped out without sterility tests.
Oct 24- Thermo Fisher Scientific raised its full-year forecast for the second time this year as the world's largest laboratory equipment maker benefited from its presence in Asia, even as the weak U.S. and European economies dragged on its competitors.
BILLERICA, Mass.-- Entegris Inc. said Wednesday that its chief operating officer will become CEO next month as its chief executive steps aside. Gideon Argov, Entegris' current CEO, will step down Nov. 27, when Loy will officially become CEO.
*Citi, Yahoo, AIG examples show more aggressive boards. NEW YORK, Oct 24- In the summer of 2011, Yahoo Inc's board decided enough was enough. So, the board held a final meeting in Los Angeles, away from Yahoo's Silicon Valley headquarters, to review the company's progress, a source familiar with the matter said.
PROVIDENCE, R.I.-- More than 1,000 people registered to bid on the remnants of former Red Sox pitcher Curt Schilling's failed video game company during an auction in Providence, R.I.. Bidding stretched nearly 12 hours Tuesday, wrapping up around 10 p.m. The Rhode Island Economic Development Corp. says about 95 percent of the items were sold.
Oct 24- Barnes& Noble Inc said on Wednesday that customers who shopped at 63 of its stores as recently as last month may have had their credit or debit card information stolen in what the U.S. bookstore chain called a ``sophisticated criminal effort.''.
NEW YORK-- Donald Trump wants to make a deal with President Barack Obama. If Obama releases his college and passport records by the end of October, the New York real estate mogul and reality show host says he will contribute $5 million to a charity of the president's choice.