Industry News

Don’t weaken advisor standards

In a letter to Securities and Exchange Commission (SEC) Chair Mary Jo White, a broad-based coalition of organizations today urged the agency to establish a uniform fiduciary standard for broker-dealers and investment advisers that is at least as strong as the existing standard for investment advisers and asserted vigorous opposition to any rule that would weaken investor protections.

By Staff |June 6, 2013

4 min read

China demands meat, global agribusiness wins

Global agribusiness will boom over the next decade.

June 6, 2013

1 min read

U.S. rental housing firm postpones IPO

Colony American Homes, an Arizona-based company that buys cheap houses and rents them out, is delaying its IPO because comparable companies have recently been trading poorly, reports ft.com. The firm was expected to raise $245 million from the IPO, with shares priced at $11.50 to $13. Read more. Also read: British postal service to IPO […]

June 6, 2013

1 min read

Car sales and production rise: Scotiabank

Global vehicle sales bounced back from a sluggish performance at the end of the first quarter, advancing 8% year-over-year (y/y) in April, according to the Scotiabank Global Auto Report. The report noted the improvement was broad based, but was led by more than a 30% y/y surge in South America.

By Staff |June 6, 2013

1 min read