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KFG Video — SAMPLE POST

China is the greatest economic growth zone in history. Already the world’s third-largest economy behind the United States and Japan, China now accounts for 7.5% of the world’s total economic activity. It’s on track to pass Japan no later than 2010, and may pass the United States by 2020. The country’s economy has increased by [...]

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BofAs Krawcheck Expands Resignation Pact, Rules to Include U.S. Trust FAs

Some employees of the Bank of America’s U.S. Trust unit, led by Sallie Krawcheck (left), received a notice that they would be asked to sign an agreement and go on reduced-pay “garden leave” if they resigned. The policies appear to be a reaction to the loss of a U.S. Trust advisor, Michael C. Brown, who [...]

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GAMCO Investors Beats Expectations but Takes a Step Back Anyway

GAMCO Investors (NYSE: GBL  ) reported earnings on Feb. 7. Here are the numbers you need to know. The 10-second takeawayFor the quarter ended Dec. 31 (Q4), GAMCO Investors missed estimates on revenues and beat expectations on earnings per share. Compared to the prior-year quarter, revenue contracted and GAAP earnings per share shrank significantly. Gross margins [...]