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Ed Kerschner

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BUSINESS
March 4, 2004 | From Bloomberg News
Citigroup Inc. said its Smith Barney unit hired Ed Kerschner, formerly of UBS, as its U.S. chief investment officer. UBS said in July that Kerschner would leave at the end of 2003 as chief global strategist. He had worked for 21 years at Paine Webber, which UBS bought in 2000. Kerschner was a runner-up in 2002 in Institutional Investor magazine's survey of the top U.S. Wall Street strategists. From Bloomberg News
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BUSINESS
March 4, 2004 | From Bloomberg News
Citigroup Inc. said its Smith Barney unit hired Ed Kerschner, formerly of UBS, as its U.S. chief investment officer. UBS said in July that Kerschner would leave at the end of 2003 as chief global strategist. He had worked for 21 years at Paine Webber, which UBS bought in 2000. Kerschner was a runner-up in 2002 in Institutional Investor magazine's survey of the top U.S. Wall Street strategists. From Bloomberg News
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BUSINESS
April 19, 2000
How much equity exposure should you have in a volatile market like this? Wall Street's leading strategists vary widely in their asset allocations, based on a survey of 16 brokerages taken Tuesday. The DLJ and BancAmerica strategists raised their recommended equity exposure this week in the wake of Nasdaq's recent rout.
BUSINESS
August 28, 1998 | Times Staff and Wire Reports
A sampling of comments from financial analysts and individual investors: "I am hard-pressed to find any sector that I am comfortable with. The worst is not over and the [Dow Jones] average may fall to 7,400 in the next few weeks." Edward Yardeni Chief economist with Deutsche Bank Securities * "I think we are having a frantic exit from equity markets across the world. People are concerned and they are raising cash."
BUSINESS
December 27, 2001 | From Bloomberg News
Investment strategist Michael Goldstein won a lot of fans this year by refusing to go out on a limb. The Sanford C. Bernstein & Co. strategist's dissections of the economy and stock market stand out for their 100-plus pages of graphs, tables and charts--and lack of specific targets. Goldstein's approach this year won him the coveted No. 1 stock-market strategist ranking from Institutional Investor magazine. The 46-year-old analyst gained converts as he urged caution.
BUSINESS
November 21, 2001 | Bloomberg News
Goldman, Sachs & Co.'s Abby Joseph Cohen said stocks will extend their gains into next year, and UBS Warburg's Ed Kerschner said corporate profits will be better than expected. It used to be that comments such as these from two of Wall Street's most bullish strategists would spark a rally. Not Tuesday. Stocks fell for the second day in three on concern the recent gains aren't justified by the outlook for corporate earnings.
BUSINESS
January 8, 1999 | WALTER HAMILTON, TIMES STAFF WRITER
Good thing the public is so in love with Internet stocks: Top executives and other insiders at Net firms have lately been heavy sellers of their own shares--and their selling may soon increase as self-imposed sales restrictions expire. While corporate insiders at many U.S. companies were buying their own stocks in recent months, 168 executives at two dozen Net-related companies have sold almost 12.8 million shares since October, according to CDA/Investnet, a Rockville, Md.
BUSINESS
July 31, 2001 | From Times Wire Services
Stocks were mixed in a quiet session Monday as more companies indicated that tough times will continue for at least another quarter. Analysts attributed the weakness to investors' unwillingness to make commitments in a business environment that shows no signs of improving soon. The Dow Jones industrial average fell 14.95 points, or 0.1%, to 10,401.72, its second straight down session. Broader stock indexes also lagged. The Standard & Poor's 500 index dropped 1.30 points, or 0.1%, to 1,204.
BUSINESS
November 6, 2008 | Walter Hamilton, Hamilton is a Times staff writer.
So much for Wall Street's postelection afterglow. A day after racking up their largest-ever election-day gains, stock prices crumpled Wednesday as discouraging employment data turned investors' gaze from Barack Obama's historic victory to the prosaic realities of a still-sliding economy.
BUSINESS
August 5, 1991 | TOM PETRUNO
Here's a great come-on that ought to get any investor's attention: "Twelve World-Class Growth Stocks for the '90s." A year ago, the 12 names were published in a report by Paine Webber investment strategist Edward Kerschner. They represented some of his favorite bets for investors who wanted to own blue-chip companies with strong global franchises.
BUSINESS
March 13, 2001 | From Reuters, Times Staff
Monday's U.S. stock market sell-off began hours earlier in Asia and then gathered momentum around the globe, time zone by time zone, before hitting Wall Street like a snowball rolling down a hill. On almost every bourse, the worry was the same: The world economy is increasingly at risk because of the slowdowns in the United States and Japan. "This is death by a thousand paper cuts.
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