Products March 5, 2003

New Investment Analysis Site Unveiled

May 15, 2002 (PLANSPONSOR.com) - A Boston investment company has launched a new Web site featuring investment industry news and analysis.
Reported by

According to a media release from Brown Brothers Harriman (BBH) the new site, Market View comprises a collection of reports on topics such as:

  • operational risk exposure
  • capital markets practices
  • foreign exchange trends

Users can arrange to get online alerts about breaking news in the areas in which they are interested, BBH said.

Never miss a story — sign up for PLANSPONSOR newsletters to keep up on the latest retirement plan benefits news.

The company said the data and analysis for Market View are prepared by its Network Management Group, which has knowledgeable staff members in custody operations, credit analysis, and foreign exchange.

Market View’s products include reports that:

  • guide investors through operating features of capital markets,
  • track the trading and settlement processes, highlighting operational market risks,
  • offeri 24-hour coverage of foreign exchange trading activity with economic analysis, and
  • quantifyrisk exposure in operating environments relative to other markets

BBH specializes in custody, accounting, administration, securities lending, foreign exchange, and brokerage services.

For more information, see the BBH Web .

Investing March 4, 2003

Job Cuts At Highest Level Since November, Firm Says

March 4, 2003 (PLANSPONSOR.com) - Announced job cuts surged in February for the second consecutive month, reaching their highest level since November 2002.
Reported by

Planned job cuts announced by United States employers reached 138,177 in February, up 5% from January and 8% since February 2002.   With the increase, job reductions have reached their highest level since November’s 157,508 mark (See  Nov. Job Cuts Fall But Still Heavy ), according to outplacement firm Challenger, Gray & Christmas.

The firm’s chief executive, John Challenger, said the recent job cuts do not bode well for the coming months: “It now appears that economic uncertainties and war talk have put the brakes on business spending plans and companies are once again in a serious cost-cutting mode.”

Never miss a story — sign up for PLANSPONSOR newsletters to keep up on the latest retirement plan benefits news.

February continued the escalation of job cuts seen since September 2002.   Between March and August of last year, job cutbacks averaged 98,957 per month. However, since then, the monthly average has climbed back to 127,815; a 29% increase over the previous six months.

«