The adjusted numbers must appear in a fund's prospectus. Wall Street powerhouse Morgan Stanley Dean Witter plans to bid goodbye to the Dean Witter portion of its name. Merrill Lynch analysts have issued a report ranking fund sponsors by risk-adjusted results. Amazon reported another quarterly loss and says it will lay off 1,300 workers. Vanguard is trimming its already low expense ratios on 13 Admiral-class bond funds.
Minimums are high for new customers, but lower for long-time clients.
All the dot-com death notices being posted could lead you to believe you can't make money interacting with the public on the Web. When a company goes public, certain insiders are prevented from selling their shares for a specified period by what's known as a lockup agreement. It pays to be aware of lockup expirations because insiders could flood the market with shares, putting pressure on a stock's price. The Kiplinger Washington Editors, Inc.