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Ameriprise Financial Inc

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  • Asian stocks mixed after Wall Street slide Tuesday, 16 Dec 2014 | 4:01 AM ET

    The ruble, under pressure from falling oil prices and Western sanctions over Moscow's conflict with Ukraine, had fallen as much as 20 percent before recovering. Benchmark U.S. crude rose 2 cents to close at $55.93 a barrel in New York. Brent crude, a benchmark for international oils used by many U.S. refineries, fell $1.20 to close at $59.86 in London.

  • "We are definitely in growth mode," said Lee Eilers, the chief executive at Marion Mixers, an Iowa maker of giant mixing machines used in the production of everything from pancake mix to dishwasher soap. The firm has added three welders this year, bringing its head count to 44, and Eilers plans to hire six more people in 2015, although he said there are enough...

  • NEW YORK, Oct 24- A former portfolio manager who became a key cooperator in a broad U.S. government crackdown on insider trading avoided prison on Friday at her sentencing in New York federal court. Attorney Benjamin Naftalis said Shah offered "remarkable cooperation" that helped lead to the convictions of several individuals and entities, including SAC...

  • They are also profitable: In the third quarter, BlackRock Inc, the biggest provider of the funds, made $850 million in fees from its iShares ETFs, 30 percent of the $2.8 billion in revenue it reported. Last week, Janus Capital Group announced the acquisition of exchange-traded fund provider VelocityShares and Reuters exclusively reported last week that Goldman...

  • They are also profitable: In the third quarter, BlackRock Inc, the biggest provider of the funds, made $850 million in fees from its iShares ETFs, 30 percent of the $2.8 billion in revenue it reported. Last week, Janus Capital Group announced the acquisition of exchange-traded fund provider VelocityShares and Reuters exclusively reported last week that Goldman...

  • Oct 17- A former UBS AG branch manager's pay discrimination case in Puerto Rico highlights behavior some lawyers say can give brokerages an edge in arbitration: breaking discovery rules. In May, a Financial Industry Regulatory Authority arbitration panel dismissed Carlos Capacete's claim that UBS paid him less than branch managers on the U.S. mainland.

  • BOSTON, Oct 16- Some of Wall Street's biggest names are licking their wounds as October lives up to its reputation as one of the market's roughest months. Morgan Stanley strategists said this week that their model portfolio through Monday had trailed the S&P by 3.6 percentage points due to bad bets on technology stocks, including GT Advanced Technologies, the...

  • *Caution after disappointing China, U.S. inflation readings. NEW YORK, Oct 15- Stocks took a pounding on Wednesday, although Wall Street managed to peddle back from its steepest lows, and safe-haven government debt prices rose after U.S. and Chinese inflation data fanned worries about a global slowdown. A key gauge of Wall Street anxiety hit its highest level since...

  • *Russell 2000 index ends 1 pct higher. Small-caps and energy shares, which have been among the market's weakest performers, provided some of the late-day support, with the Russell 2000 index ending up 1 percent and the S&P energy index up 0.4 percent. Adding to the day's worries, a second nurse in Texas tested positive for the Ebola virus, a week after Thomas Eric...

  • NEW YORK, Oct 8- U.S. stocks soared and the dollar fell on Wednesday on a wave of investor relief after the Federal Reserve said it does not plan to hike interest rates before the economy can support an increase. Data and forecasts out of China, Spain and Germany this week indicated economic weakness. "If at the end of the day what we are left with is slowing global growth...

  • WASHINGTON, Oct 3- U.S. employers stepped up hiring in September and the jobless rate fell to a six-year low, bolstering bets on a Federal Reserve rate hike in mid-2015. U.S. non-farm payrolls rose by 248,000 last month and the jobless rate fell two-tenths of a point to 5.9 percent, the lowest since July 2008, the Labor Department said. "As demand is continuing to...

  • NEW YORK, Aug 25- The U.S. S&P 500 stock index broke through the landmark 2,000 level on Monday, marking a six-year rally which has benefited many Americans from Wall Street to Main Street. "I continue to think this bull market has several years to go," said Steven Einhorn, vice chairman of hedge fund Omega, which manages $10.5 billion.

  • NEW YORK, Aug 22- U.S. stocks have been on a roll of late, with the S&P 500 hitting the latest in a series of records on Thursday, and investors expect the index's momentum to soon carry it to- if not far past- the 2,000 milestone.

  • NEW YORK, July 10- Stocks slumped worldwide on Thursday and investors flocked to safe-haven government bonds and gold on fears problems at Portugal's biggest listed bank could herald a wider slump for riskier assets. European stock markets were hit hardest as trading in Banco Espirito Santo was halted after a 19 percent drop.

  • NEW YORK, July 10- Stocks slumped worldwide on Thursday as investors flocked to safe-haven government bonds on fears problems at Portugal's biggest listed bank could herald wider problems for riskier assets. European stock markets were hit hardest as trading in Banco Espirito Santo was halted after a 19 percent drop.

  • This is when stocks will bottom, market pro says Friday, 30 May 2014 | 9:20 AM ET
    Traders work the floor of the New York Stock Exchange.

    The S&P 500 could rise as much as 4 percent from current levels but ultimately finish 2014 just about where it started, David Joy of Ameriprise Financial tells CNBC.

  • Just how much is Alibaba worth? Tuesday, 6 May 2014 | 10:40 PM ET

    Alibaba has filed for a U.S. initial public offering which will see it become the largest Chinese firm to list in New York.

  • Stocks finished higher Tuesday, with the Dow approaching a record high, as investors cheered a round of better-than-expected quarterly earnings and largely shrugged off worries over Ukraine.

  • Activists, big pharma & lil' 'Squawkers' deliver Thursday, 24 Apr 2014 | 7:02 PM ET

    What a week on "Squawk Box"! Bill Ackman teams up with Valeant to buy Botox-maker Allergan. Novartis' buying and selling and lil' Squawkers running the show.

  • This week's stock drop not a correction, pros say Friday, 11 Apr 2014 | 7:42 AM ET

    The bond market does not appear to setting off major alarm bells, David Joy, chief market strategist of Ameriprise Financial, told CNBC on Friday.