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The Gaston Gazette in Gastonia, North Carolina

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

The Gaston Gazette

Location

Gastonia, North Carolina, United States of America

Date

Jun 20, 2007

Page

7

Brokerage firms fail women in money management report

Corporate Insight says major brokerages offer little retirement investing information for women. Only a few provide tailored resources. one third of 17 surveyed provided none. Senior analyst David Rosenberg notes the gap in materials on retirement planning. Other earnings include CarMax, Circuit City, and Commercial Metals Co.

Corporate Insight David Rosenberg CarMax Leva KMX Circuit City Stores Inc Commercial Metals Co CMC

Scandal tainted funds to pay investors across many firms

Mutual funds swept up in the 2003 04 trading scandal plan to mail more than 1.8 billion in damages to millions of shareholders. Regulators allege insiders tipped big investors, while fund firms overhaul governance to regain trust and attract inflows. Most investors get 10 to 200 dollars, PBHG averages 688.

Mom Ingstar Hedge Informaton Morningstar Karen Dolan Janus Dolan Federated Tom Territ Federated Securities Corp PBHG

GM faces cost cuts and losses in auto talks

Deutsche Bank analyst Rod Lache says GM could save about 2.8 billion annually by trimming retiree benefits, asset sales and stock issuance. Tadross notes GM profits lag Japanese rivals by 2000 per car, with 1500 of the gap not tied to current workers’ pay. He forecasts nearly 30 percent stock drop next year amid price cuts and fewer launches.

U.S General Motors Ford Spotight United Auto Workers Union Ronald Tadross Bane of America Securities Rod Lache Deutche Bank Tadross

Rates Drop as U.S. Housing Starts Fall in May

Treasury yields fell after the Commerce Department reported a drop in new home construction in May, reducing the likelihood of an upcoming interest rate hike. The weaker housing data signaled softer demand and potential cooling in the housing market, aiding bond prices and nudging investors toward caution on policy moves.

Treasury Commerce Department Foreign &Mo Cha. Chg AGO Europe Africa Middle Easy Federal Reserve Hong Kong Singapore Taiwan

Market gains as yields ease lift Dow Jones by small margin

Stocks rallied modestly Tuesday as falling bond yields eased investor concerns about a slow housing market and slower corporate takeovers. The Dow Jones Industrial Average rose 22.44 points to 13,635.42 helped by a gain in General Electric, a Dow component.

Dow Jones Dow General Electric Co

FundFotus Adds AXA Rosenberg Subadviser

FundFotus, a low cost small cap fund, added its seventh subadviser AXA Rosenberg. The firm uses computer stock-picking based on earnings potential and discounts to fair value. Diversification reduces risk.

AXA Rosenberg

Downward Trend Seen in Home Construction in May

Ian Shepherdson of High Frequency Economics warns the decline in U S home construction continues with no near term relief seen as May figures show a further percent drop.

Ian Shepherdson U.S

Also Mentioned on This Page

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