Broker Affiliated Mutual Funds Rise Amid Scrutiny
A Wall Street trend toward broker affiliated mutual funds draws scrutiny as brokers push distinct funds, facing SEC checks. Lipper data show broker affiliated funds trail overall market returns while some funds perform similarly to independent peers. Regulatory concern centers on conflicts of interest, fees, and the drive by brokerages to recapture commissions and control investment channels.
MENTIONED IN THIS ARTICLE
Charles J. Elia
Danas
Wall Street
Mente Avons
New York
Spek
Ines
Muarda
Dow Jones
New York Stork Exchange
Vonpinie Dides
Storks
Brooker
Lipper Mutual Fund
NYSE
How we can win war on inflation by unions
A professor argues inflation stems from government spending and strategic unions. He says wages rise while unemployment remains, as unions press for higher pay. Restoring market discipline requires restraining spending and reforming labor laws to curb wage-driven inflation and loosen price pressures.
MENTIONED IN THIS ARTICLE
Washington
Lyndon Johnson
Waldo
Financial highlights Nesuirk Call it Sutil
Nesuirk reports highlights with key figures and earnings details. Call it Sutil outlines results and notable metrics, providing a compact view of revenue, expenses, and net income for the period.
Business Question Box appears in a local column
A reader asks about current video cassette prices and leading manufacturers, with garbled text cluttering the query. The column references ASME boiler temperature guidance and a market study for a store branch in Redding, California, noting rates of pay and public information sources in Hayward California.
MENTIONED IN THIS ARTICLE
Luo Serra Pepntia
Veni Ion Cbs
Celi
Evista Belew Ta
Redding
California
Tad Community Labor
Vicket Sur
Cabergin State
Hein Ite Fations Agency
Thore
Hayward Daily Review
West Winton Ave
Hayward
Information Center For Business and Government
Alameda County
West Winton Avenue
Chinese influence prompts World Trade talks in 1990s era piece
Industrialization and luxury goods scarcity in China mirror Western consumer limits as UPI reports on US views. Dr Buford Harrison notes a shift toward Chinese markets with restaurants expanding while Americans watch toy and fashion imports. The piece mentions a US tour by a table tennis team invited by China and hints at broader economic and political tensions influencing trade policy.
MENTIONED IN THIS ARTICLE
Dean C. Miller
UPI
VEW
York Nu
Delay Lite
Chine
Buford Harrison
United States
Nisin
Tos
Visi Pohang
Tokyo
Newt
Sand Harrison
Leon Verkign
Albor
Convirsa- Hon
Bis
Prassitslee
Ahearn Named Wind President Chief of Coury Sel Unit
Gerard J Ahearn named wind president and chief executive officer of Coury Sel, a division of Consolidated Foods Corp, succeeding Sol Geller who plans retirement. Geller will stay as consultant. Ahearn, a Koret of California veteran, will move to New York City with his wife.
MENTIONED IN THIS ARTICLE
Cmicago
Gerard J Ahearn
Coury Sel
Consolidated Pands Corp
Erentive Tinorrayy
Ahearn
Sol Geller
Country Set
Pauly
Geller
Abewrn
Koret
California Inc
Direc
Tor
Koret A
San Manciseo
Will
New York City
Self
Consolidated Foods
Electric firm buys Optical Co assets for 33 million
Terminal-Jud son Corp a wholesale distributor of electronic equipment announced the purchase of King Optical Co Chicago for 33 million in cash. Chairman Theodore B Shanbaurma said the acquisition includes SU retail optical offices in Linwins Colorado Indiana Michigan Minnesota Missouri Pennsylvania and Wisconsin. He noted the optical division is building eight offices in Kansas Georgia Colorado Missouri and Texas, bringing total retail offices to 43 once complete.
MENTIONED IN THIS ARTICLE
Dallas
Terminal-Judson Corp
rAmexy
King Optical Co
Chicago
Theodore B. Shanbaurma
Terminal-Hudson
Linwins
Colorado
Indiana
Michigan
Minnesota
Missouri
Pennsylvania
Wisconsil
Shanbaun
Optical
Terminal Hudson
Kansas
Georgia
Texas
Week in business investors ignore news from firm gains
Investors shrugged at encouraging data as stocks fell modestly amid a broad consolidation. Analysts cited world monetary concerns and a push to lock in gains, with forecasts of improving profits and a resilient economy. Major indexes slipped while volume remained robust and traders eyed continued growth.
MENTIONED IN THIS ARTICLE
New York
UPD
Monte Gordon
Bache & Co
Bache
Also Mentioned on This Page
Apeetal Lippetering
Mutuals Suas
Natal Furlite
Bresers Phy
Tete
Wally Aind
Securities
Raeiupy Commission
Sean Big
Lipper
Volunut
William J. Casey
SEC Ejournas
Setutiny
Berwa
Undenwerknig
Picavel
PR. Rufford Harrison
Peking
Piasis
Bresiont
ASME
Cancoun
Ivetiakunel Corp
China
Eas Banks
Harrison
Saad
Sueh Lenis
di Tures
Business News In Review
Optical Co
Stanley Schwartz
Oppenheimer & Co
Schwartz
Commerce Department
General Motors
Atia
Sundard & Pear
Commerce
Maurice H. Slans
U.S
Newton Zinder
Uutton & Co
Ashe Market
Farry Laubscher
Walston & Co
Philip Clark
Burnham and Co
Federal Reserve Bank of New York
Scott Paper
Spercy Rand
American Telephone
Dentsply International
Kalamas Up
Superior
Brotherhood of Secrantive Engineers
Pieen Neers
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