19 May, 2015 by The TZ Newswire Staff Comments Off on Exclusive: UBS must buy back investor’s Puerto Rico bond funds for $1 million
Exclusive: UBS must buy back investor’s Puerto Rico bond funds for $1 million
A Financial Industry Regulatory Authority (FINRA) arbitration panel in San Juan found two UBS units liable to the investor, Juan Burgos Rosado, whose losses in the now troubled closed-end funds sold by the firm’s Puerto Rico arm had reached $737,000 four years after he opened his account in 2011, according to the ruling. Burgos, age 66 at the time, had invested savings that he scrimped together by renovating a “run-down” bodega that he later ran as a business, the FINRA panel wrote in an arbitration decision that is unusual because it explains the reasons behind the ruling.
19 May, 2015 by The TZ Newswire Staff Comments Off on Is a Variable Annuity Right for You?
Is a Variable Annuity Right for You?
Objective information on variable annuities is hard to come by. Here are the basics.
19 May, 2015 by The TZ Newswire Staff Comments Off on Welcome To The Bubble State, Where Everything Is Unsustainable
Welcome To The Bubble State, Where Everything Is Unsustainable
Submitted by Joshua Kraise via The Daily Sheeple,
Since its inception, California has always portrayed itself as the land of opportunity. Kind of like a dream within the American dream. It’s the California dream to be precise, and while it has taken on many forms over the years, the song has always remained the same.
19 May, 2015 by The TZ Newswire Staff Comments Off on What Is an LLC? It’s How You Might Organize Your Business
What Is an LLC? It’s How You Might Organize Your Business
The “What is an LLC?” question is an important one to understand if you’re a business owner.
19 May, 2015 by The TZ Newswire Staff Comments Off on Norwegian cruise ship runs aground in Bermuda
Norwegian cruise ship runs aground in Bermuda
A Norwegian cruise ship that departed from Boston has run aground in Bermuda.
19 May, 2015 by The TZ Newswire Staff Comments Off on Light Volume Light Action Day
Light Volume Light Action Day
The major averages ended the Tuesday session on an unchanged note after spending the entire day near their flat lines. The S&P settled lower by 0.1% while the Dow Jones (+0.1%) outperformed slightly, edging up to another record closing high.
19 May, 2015 by The TZ Newswire Staff Comments Off on Wal-Mart’s woes: 5 ways it’s trying to fix them
Wal-Mart’s woes: 5 ways it’s trying to fix them
Wal-Mart on Tuesday disappointed on both the top and bottom lines, but it wasn’t all bad news.