Hearsay is introducing a set of tools focused on financial services to help advisors keep their jobs in the face of robo-advisors.» Read More
Late on Friday, the European Union agreed to a four-month extension for Greece, and a late rally pushed the S&P 500 above technical resistance level of 2,100 after several failed attempts earlier in the week. "The market has done quite well this week holding things together," said Frank Cappelleri, technical market analyst and trader at Instinet LLC in New York.
NEW YORK, Jan 21- Brokerage and investment bank Raymond James Financial Inc said on Wednesday its fiscal first-quarter revenues totaled $1.25 billion, a 6 percent rise over last year, but a 3 percent drop from the record high revenue posted in the prior quarter. The St. Petersburg, Florida- based company reported net income of $126.3 million, or 87 cents per share, for...
NEW YORK, Jan 21- Brokerage and investment bank Raymond James Financial Inc said on Wednesday its fiscal first-quarter revenues totaled $1.25 billion, up 6 percent from last year, but down 3 percent from the previous quarter due to a seasonal slowdown. The St. Petersburg, Florida- based company reported net income of $126.3 million, or 87 cents per share, for the...
Jan 6- Raymond James Investment Advisors, a division of Raymond James Financial Inc, said it hired two advisers from Bank of New York Mellon Corp to form an advisory firm based in Tampa, Florida. Raymond Ifert, who managed $850 million in client assets at BNY Mellon's Tampa office, will head the firm, REI Wealth Management. A spokeswoman for BNY Mellon confirmed...
Dec 12- Raymond James& Associates, a branch of Raymond James Financial Inc, said it hired two advisers from the advisory unit of Wells Fargo& Co.. Father-and-son team Erwin and Terry Bry, and sales associate Lori Fugate previously worked at AG Edwards Inc, which was later bought by Wells Fargo. Wells Fargo was not immediately available for comment.
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...
If Europe's example counts for anything, the United States has a lot of room to run with solar energy.
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.
Even as traders monitor the world's hot spots, corporate earnings news could be a positive for stocks in the week ahead.
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.