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Banking & Finance

Barron’s ranks Finkelberg

Arty Finkelberg, CFA, CFP, Senior Vice President – Investments, of Raymond James & Associates, was recently named to the Barron’s list of America’s Top 1,200 Financial Advisors.  The 2017 list draws from all 50 states, plus the District of Columbia. It is the largest, most comprehensive annual advisor list circulated by Barron’s. This is the fourth consecutive year that Finkelberg ...

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Split results for stocks on Syria strike and weak jobs gains

Following a somewhat disappointing jobs report and U.S. missile strikes against Syria, stocks aren’t much changed Friday as investors buy gold and high-dividend stocks and sell banks and other assets. Defense contractors are making substantial gains and the price of oil is rising. KEEPING SCORE: The Standard & Poor’s 500 held steady at 2,356 at noon Eastern time. The Dow ...

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Stocks head higher as energy, banks, retailers recover

U.S. stocks are broadly higher Thursday after a sharp drop late in the previous day. Energy companies are rising with the price of oil and retailers are up after a series of strong sales reports. Banks are also climbing as bond yields rise. KEEPING SCORE: The Standard & Poor’s 500 index added 8 points, or 0.4 percent, to 2,361 as ...

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READY FOR RISK? With market soaring, tapping IRA is tempting

By BECKY GILLETTE Investors with IRAs and 401(k)s may have dreams of taking a cruise or buying a new car with the gains they have seen in their retirement accounts since Donald Trump was elected president. The Dow Jones Industrial Average reached a record high of 20,000 in late January, and since then has continued to climb reaching 20,686 by ...

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Bankers group trying a new strategy

By CALLIE DANIELS BRYANT The Mississippi Bankers Association has survived for the last 129 years because it adjusts to changes and remains relevant in the industry. This year is no different, according to MBA President Mac Deaver as he prepares for the 2017 state convention on May 17-21 in Sandestin Golf & Beach Resort. “This year, the MBA began operating ...

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US stocks surge early after strong private payroll report

U.S. stocks are jumping Wednesday morning after a survey of private businesses showed that hiring was very strong last month. Panera Bread is climbing after the sandwich and soup chain agreed to be bought by European conglomerate JAB for more than $7 billion. Companies that are tightly linked to the performance of the economy, including transportation companies and smaller domestic ...

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Stocks tread water as banks slip and energy companies rise

U.S. stocks are inching lower Tuesday as a recent drop in bond yields continues to put pressure on banks. Department stores, apparel retailers and handbag makers are falling, but Amazon continues to rise. But energy companies are rising with the price of oil, and stocks are little changed overall. KEEPING SCORE: The Standard & Poor’s 500 index was unchanged at ...

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Phillips-Gaines ranked

Lynn Phillips-Gaines, CFP, at Phillips Financial, was recently named to Barron’s list of “The Top 1,200 Advisors” in the country. The 2017 list, ranked 1,200 advisors from all 50 states and the District of Columbia. This marks the third consecutive year for Phillips-Gaines to earn placement on the list. Barron’s, a weekly financial newspaper published by Dow Jones & Co., ...

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US stocks waver between small gains and losses at midday

The stock market is closing out a solid quarter with a day of mixed trading on Wall Street Friday. Major indexes were moving in a small range, with the Dow Jones industrials posting a small loss while other indexes were mostly higher. Investors weighed several corporate deals and new economic data on consumer spending and inflation. Energy stocks were down ...

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US stock indexes move higher in midday trading; oil rises

Banks and other financial companies led U.S. indexes modestly higher in midday trading Thursday as investors weighed the latest batch of company earnings, deal news and economic data. Energy stocks also rose, getting a boost from rising crude oil prices. Utilities, real estate companies and other high-dividend paying stocks fell as bond yields headed higher. KEEPING SCORE: The Dow Jones ...

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