Investment Service NewsInvestment Services news continually updated from thousands of sources around the net.Estimates cut for Goldman Sachs earnings- August 13, 2008 Goldman Sachs Group Inc. had its third-quarter profit estimates lowered by Oppenheimer & Co.http://www.topix.net/business/investment-services/2008/08/estimates-cut-for-goldman-sachs-... JPMorgan Has $1.5 Billion in Q3 Mortgage Asset Losses- August 13, 2008 JPMorgan Chase & Co said it has racked up $1.5 billion of losses so far this quarter on mortgage-linked assets, reflecting deepening turmoil in credit markets.http://www.topix.net/business/investment-services/2008/08/jpmorgan-has-1-5-billion-in-q3-m... H&R Block selling financial advisors unit to Ameriprise for $315 million- August 13, 2008 HR Block announced has reached an agreement to sell HR Block Financial Advisors to Ameriprise Financial, Inc.http://www.topix.net/business/investment-services/2008/08/h-r-block-selling-financial-advi... Stocks mostly lower amid financial sector concerns- August 12, 2008 Jeffrey Vasquez, right, and fellow traders work on the floor of the New York Stock Exchange after the Federal Reserve interest rate decision, Tuesday Aug.http://www.topix.net/business/investment-services/2008/08/stocks-mostly-lower-amid-financi... AIM Trimark rebrands as Invesco Trimark- August 12, 2008 As part of a broader brand strategy used by parent firm Invesco Ltd., AIM Funds Management Inc., carrying on business as AIM Trimark Investments, today was renamed Invesco Trimark Ltd.http://www.topix.net/business/investment-services/2008/08/aim-trimark-rebrands-as-invesco-... In Focus: The Death Of Bear Stearns- August 12, 2008 Traders bought 1,649 contracts on $1.7million bet; Analysis by Michael McCarty of Meridian Equity Partners; Options specialists say someone tride to ice Bear; Analysis by Alan Schwartz, Former CEO of Bear ...http://www.topix.net/business/investment-services/2008/08/in-focus-the-death-of-bear-stear... Morgan Stanley Offers to Buy Back $4.5 Billion in Auction-Rate Securities- August 12, 2008 Morgan Stanley , the second-biggest U.S. securities firm by market value, offered to buy back about $4.5 billion in auction-rate securities from retail clients, following a similar offer last week by Merrill ...http://www.topix.net/business/investment-services/2008/08/morgan-stanley-offers-to-buy-bac... WL Ross & Other Investors To Put In $100 Million In SpiceJet- August 12, 2008 WL Ross & Co., the New York-based private equity arm of Invesco which is run by financier Wilbur Ross, will invest up to $100 million in SpiceJet Ltd.http://www.topix.net/business/investment-services/2008/08/wl-ross-other-investors-to-put-i... Carnahan negotiating with Wachovia- August 11, 2008 Missouri Secretary of State Robin Carnahan is negotiating with executives from Wachovia Securities, seeking ways to help investors holding auction rate securities.http://www.topix.net/business/investment-services/2008/08/carnahan-negotiating-with-wachov... HCP to Offer 13 Million Shares- August 11, 2008 Aug 6, 2008 HCP plans to issue 13 million shares of its common stock, the company announced.http://www.topix.net/business/investment-services/2008/08/hcp-to-offer-13-million-shares?f... |