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Tag Archives: Wall Street

Initial public offerings scheduled to debut next week


NEW YORK — The following is a list of initial public offerings planned for the coming week. Sources include IPO ETF manager Renaissance Capital, and SEC filings. Week of May 18: Baozun Inc. – Shanghai, China, 11 million American depositary shares, each representing 3 class A ordinary shares, priced $12 to $14, managed by Morgan Stanley, Credit Suisse, and BofA Merrill Lynch. ...

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New federal rules set for appraisal management companies


By TED CARTER Mississippi legislation that two years ago set new rules for appraisal management companies should largely free appraisal companies in the state from taking on newly enacted compliance standards. Six federal financial regulatory agencies have implemented minimum requirements for state registration and supervision of appraisal management companies (AMCs), an entity that provides appraisal management services to lenders or underwriters ...

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MARTY WISEMAN: Human Capital — Merely Buying Time

The fact that the 2015 legislative session is drawing to a close with the status quo having been maintained may be viewed as a victory of sorts – but alas all indications are that it may be only a temporary reprieve. Just prior to the beginning of the current legislative session Senior State Economist Dr. Darrin Webb was interviewed by ...

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Entergy's earnings miss Wall Street's expectations

NEW ORLEANS — Entergy Corp. today reported third-quarter earnings of $230 million. The New Orleans-based company said it had profit of $1.27 per share. Earnings, adjusted for non-recurring costs, came to $1.68 per share. The results did not meet Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.89 per share. The ...

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Stocks move higher as US job market improves

NEW YORK — Stocks moved higher in midday trading Thursday after the government reported that the number of people filing for unemployment benefits fell last week to the lowest level in three months. Staples plunged 15 percent after the company said it was closing 10 percent of its stores as more people shop online. KEEPING SCORE: The Standard & Poor’s ...

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Stock and housing gains put US net worth at record

WASHINGTON — A surging stock market and rebounding home prices boosted Americans’ wealth to a record in the final three months of last year, though both trends have slowed so far in 2014. Household net worth jumped nearly $3 trillion during last year’s fourth quarter to $80.7 trillion. Stock and mutual fund portfolios gained nearly $1.7 trillion, or 9 percent. ...

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Stocks rally after Fed allays stimulus fears

NEW YORK — Stocks broke through record highs in early trading Thursday after Federal Reserve Chairman Ben Bernanke said the central bank is in no hurry to stop supporting the economy. Bernanke said the U.S. economy still needed help because unemployment remains high and inflation is below the Fed’s target. The Fed is currently buying $85 billion a month in bonds ...

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Organization keeps planners, advisers up to date on regulatory changes

Keeping members up to date with changes that affect their profession is a large part of what the Mississippi Chapter of the Financial Planning Association does. Members and other professionals gathered recently to earn four hours of continuing education credits as they learned how changes in the regulatory landscape will affect them. More quarterly forums are being planned for the ...

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Where is the Dow Jones headed?

Next stop, 15,000? As the Dow Jones Industrial Average settled at a new all-time high of 14,253.77 on March 5, the psychological lift on Wall Street was undeniable — the market was finally back to where it was in 2007. Or was it? 1 For many, the Dow “is” the stock market, and the stock market, in turn, is a ...

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