Greek Bonds Drop, Spread to Bunds at Record, on Budget Concern
NYC Temperature Hits April 7 Record of 90 Degrees, May Rise
Temperatures in New York’s Central Park hit 90 degrees today, a record for April 7, and the National Weather Service said readings in the city may reach 92 before the end of the day.
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Palm Surges Most Since September on M&A Speculation (Update1)
Palm Inc. shares surged on speculation the smartphone maker will be purchased.
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Deutsche Bank Hires Bank of America’s Talbot for Debt Sales
Deutsche Bank AG hired Casey Talbot from Bank of America Corp. to run its investment-grade credit sales as investors pour record amounts of cash into debt funds.
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Jefferies Hires Pali’s Fisher for Equity Sales, Trading Desk
Jefferies Group Inc., the New York- based brokerage, hired Kevin Fisher as a managing director on its equity sales and trading desk.
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Greek Bonds Drop, Spread to Bunds at Record, on Budget Concern
Greek bonds fell, driving the 10- year yield premium to benchmark German bunds to the highest since the euro’s introduction in 1999, amid concern the government’s plan to redress its budget deficit may fail.
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Pension rollover considerations?
I got laid off and am facing the options of how to deal with the pension, whether to rollover it to 401k or annuity. I’m in mid 40s and the pre-calculated annuity amount seems small to me. I also concern about inflation for the future. It seems to me the annuity calculation doesn’t adjust for inflation?? On the other hand, I have no other fixed income for retirement in addition to social security. So I am thinking about annuity for diversification. Any advices?