Analysis: Big Greek Risk Morphs into More Economic Uncertainty

By Alan Wheatley, Global Economics Correspondent LONDON (Reuters) – Greece‘s election has averted the immediate threat of a euro break-up, but it does nothing to restore the magic ingredient missing in the European and global economies – confidence. Investors and corporate executives are paid to calculate risk. But they cope badly with uncertainty, and the … Read more

Investors Group Financial Services’ Kareim M. Abbouda Shares How Financial Advisors Can Help When A Loved One Passes

By: Kareim M. Abbouda, Consultant, Investors Group Financial Services The reason I was interviewed was because of my experience in estate transfer issues. Intergenerational wealth transfer continues to grow in Canada as baby boomers age and retire. There is an estimated CAD$70 billion that will change hands over the next ten years from one generation … Read more

Analysis: Investors plot hedges for healthcare law ruling

By Lewis Krauskopf / REUTERS NEW YORK (Reuters) – Investors could be excused for avoiding health insurance and hospital stocks as a U.S. Supreme Court decision nears on President Barack Obama‘s healthcare overhaul law – an outcome that could send the companies’ shares down 10 percent or more. Aside from an educated guess, little real … Read more

Austrian Minister Says Italy Too May Need Bailout

By Michael Shields and Steve Scherer / REUTERS VIENNA/ROME (Reuters) – Raising the stakes in Europe‘s debt crisis, Austria’s finance minister said Italy may need a financial rescue because of its high borrowing costs, drawing a furious rebuke on Tuesday from the Italian prime minister. Maria Fekter‘s assessment of the euro zone’s third largest economy … Read more

‘AHA’ MOMENT ON 401(K) FEES COMING IN NOVEMBER

By Jessica Toonkel / REUTERS NEW YORK (Reuters) – Employers, advisers and fund companies are bracing themselves for a flood of calls this fall when participants in 401(k) plans learn for the first time just how much they paid in fees the previous quarter. Under Department of Labor regulations, employers have to provide fee information … Read more

Zynga shares plummet as Facebook game craze wanes

By Bill Rigby / REUTERS SEATTLE (Reuters) – Shares of Zynga Inc fell more than 9 percent on Tuesday, to their lowest level since going public last December, on increased concerns that the craze for games on Facebook has already passed its peak. The San Francisco-based producer of games such as “Farmville” and “Hidden Chronicles,” … Read more