NEW YORK, July 25- Small U.S. brokerages are beefing up their training and presence on campuses to woo future employees as the industry faces a mass exodus of retiring financial advisers over the next decade.
July 23- Brokerage and investment bank Raymond James Financial Inc said on Wednesday its quarterly profit jumped 46 percent from last year, driven by growth in its asset management business.
July 23- Brokerage and investment bank Raymond James Financial Inc's quarterly profit jumped 46 percent, driven by growth in its asset management business. Net income rose to $122.69 million, or 85 cents per share, for the third quarter ended June 30, from $83.86 million, or 59 cents per share, a year earlier.
So anybody who sat there saying,' I am going to short the market because it is really expensive' lost their shirts, "said Tobias Levkovich, chief U.S. equity strategist at Citigroup in New York. In research notes on Tuesday, strategists at Morgan Stanley and Bank of America-Merrill Lynch both suggested that stocks are no longer inexpensive.
*Hillshire jumps; Tyson's bid outshines Pilgrim's Pride's. NEW YORK, May 29- The S&P 500 index climbed to its third record closing high in four sessions on Thursday as traders shrugged off data that showed the economy shrank in the first quarter and bet on improvement in the second quarter.
*Hillshire jumps, Tyson's bid outshines Pilgrim's Pride's. "The headline figure was weaker than expected, but it was mainly due to slower inventory growth, which bodes well for future growth, future orders, new orders," said Jeffrey Saut, chief investment strategist at Raymond James Financial in St. Petersburg, Florida.
May 15- Raymond James Financial Inc's broker-dealer unit hired two advisers from Bank of America Corp's Merrill Lynch unit for its Ocala, Florida office. Jeffery Tomaszewski and Gary Rigby have been with Merrill Lynch for almost three decades and have managed more than $280 million in client assets and had about $1.6 million in annual fees and commissions.
NEW YORK, March 7- Famed oil bull Andy Hall's hedge fund rose nearly 8 percent in February in its biggest monthly gain in 2-1/ 2 years, boosted by a rally in crude oil that could help Occidental Petroleum's chances of selling its stake in the fund.
March 5- Raymond James Financial Inc has hired a team of two financial advisers to its independent broker/dealer firm in Brentwood, Tennessee. The team of Paul Allen and David Schadel will operate as Wealth Strategies Partners, an independent firm with securities offered through Raymond James Financial Services, Raymond James said in a statement on Tuesday.
On Thursday, Raymond James issued a press release about a Tuscaloosa, Alabama, adviser who joined on Feb. 21 after 31 years at Merrill Lynch, which is owned by Bank of America Corp. A Bank of America spokeswoman confirmed that Dedrick and his partner, Pam Franklin, had left, but declined to comment further.
NEW YORK, Feb 20- Earlier this month, Eaton Corp Plc made an announcement that captured little attention: the diversified manufacturer of heavy truck transmissions and residential circuit breakers said it would spend a record $700 million this year on tooling and machinery.
David Henwood, chief investment officer at Raymond James, tells CNBC how his team of analysts come up with market-beating stock picks each year.
Earnings reports from Boeing and dozens of other major companies could set the course for stocks Wednesday, as the Dow reaches for new highs.
U.S. stock index futures pointed to about a 100-point loss at the open for the Dow Monday, as a third week begins with no debt ceiling deal and the government shutdown entering Day 14.
The government said Friday that nonfarm payrolls grew less-than-expected at 169,000 last month with the unemployment rate dipping to 7.3 percent.
Arvind Bhatia, Sterne Agee, and Aaron Kessler, Raymond James, have a bull vs. bear debate on Groupon.
Check out which companies are making headlines after the bell Wednesday:
Discussing the flows out of fixed income and into equities and how Raymond James is positioned now, with the company's CEO, Paul Reilly.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Within days of breaking through to record highs, stocks are set to smash through another milestone, but after 1700, the path for the S&P 500 is less certain.