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Companies buy into selling stock on the Internet

Article Abstract:

Home Depot Inc has become one of the first companies to sell its stock to investors via its Internet World Wide Web site at a time when most firms are selling their equity directly to buyers. Investors may buy Home Depot shares for as little as $250. Through an online broker named StockPower, Home Depot debits buyers' checking accounts and electronically mails them when their shares have been purchased. Many firms are expected to follow Home Depot's lead.

Author: Block, Sandra
Publisher: USA Today
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
Financial management, Do-It-Yourself Building Materials (Ret, Home Centers, Home center stores, The Home Depot Inc.

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SEC forces companies to share news with everyone

Article Abstract:

The US Securities and Exchange Commission has adopted the fair disclosure rule which becomes effective Oct 23, 2000. The regulation obliges companies to disclose material information about their business to everyone and not limit the information to big inestors and analysts. The ruling is the result of a series of town meetings with investors all over the US who complained that firms restricted market-moving information to a select group of insiders and analysts.

Author: Block, Sandra
Publisher: USA Today
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
Securities and Commodity Exchanges, Government regulation (cont), Securities Exchanges

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Best money advice is pricey

Article Abstract:

The demand for financial planners in the US is considerable but the majority cater only to the needs of upper income bracket. A small minority are serving the financial needs of small to medium income earners but at significant financial sacrifice. Certified Financial Planners (CFPs) are financial advisers who have attained certain standards and passed examinations in their field. Most CFPs have a net worth of $390,000, with annual revenues ranging from $51,000 to $100,000.

Author: Block, Sandra
Publisher: USA Today
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1999
Market information - general, Investment Advice, Investment Advisory Services

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Subjects list: United States
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