Economic troubles at the only remaining rival bidder for the 2022 Olympics have left an open path for Beijing to host again.» Read More
NEW YORK, Nov 9- At a retreat for Merrill Lynch financial advisers in a luxury Orlando hotel last month, a group of several dozen men and women in business attire swung their arms back and forth over their heads to Kid Rock's "All Summer Long" to get their circulation going. The mild aerobics were part of a three-day event orchestrated by Chris Johnson, a wellness guru...
NEW YORK, Oct 29- Brokerage and investment bank Raymond James Financial Inc said on Wednesday its revenues climbed to a record high $1.29 billion in the fiscal fourth quarter, up 14 percent from last year, while profits climbed more slowly than the previous quarter. Net income rose to $136.36 million, or 94 cents per share, for the fiscal fourth quarter ended Sept. 30,...
NEW YORK, Oct 21- Raymond James Financial Inc is preparing to offer exchange-traded funds free of transaction fees, ratcheting up its competition for assets against similar programs in place at Charles Schwab Corp and TD Ameritrade Holding Corp.. The St. Petersburg, Florida- based company is to begin offering nearly 120 commission-free ETFs next month to its...
Sept 24- Raymond James Financial Inc reported a 2.7 percent drop in securities commissions and fees in August from the previous month, due to lower institutional equity commissions. "Investment banking revenues declined in August following a very strong month for M&A in July," Chief Executive Paul Reilly said in a statement.
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.
After snaring more venture capital, FutureAdvisor CEO Bo Lu talks about why online investment advisors are the future of mass-affluent investing.
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.