Securities brokerage industry
Article Abstract:
Earnings for the securities industry were higher than expected in the 1st qtr of 1995, due to the stable fixed-income market. Stocks are approximately 25% higher than at the beginning of 1995. Investment banking in equities and debt was one of the few depressed areas. Recovery is not complete but market conditions have improved in 1995. Individual stocks must be chosen carefully for investment for the next three to five years.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
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Securities brokerage industry
Article Abstract:
Improved stock-market conditions and falling interest rates in the 2nd qtr of 1995 have helped securities industry earnings. These stocks have outperformed the market since the 1st qtr. Underwriting of equity and debt, as well as merger and acquisition activity, has also aided the investment banking side with improved results. Salomon and Lehman Brothers are still among good investment considerations.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
User Contributions:
Comment about this article or add new information about this topic: