Advertisement
YOU ARE HERE: LAT HomeCollectionsRaymond James Associates
IN THE NEWS

Raymond James Associates

FEATURED ARTICLES
BUSINESS
November 10, 1992 | CHRIS WOODYARD, TIMES STAFF WRITER
The stock price of National Education Corp. plunged after a stock brokerage changed its recommendation from a long-term buy to sell. Raymond James & Associates, a brokerage in St. Petersburg, Fla., reversed a recommendation from last year and suggested its clients sell the stock. NEC stock closed Monday at $5.37, down $1.37 in New York Stock Exchange trading.
ARTICLES BY DATE
BUSINESS
October 1, 2004 | From Bloomberg News
The Securities and Exchange Commission on Thursday sued Florida-based brokerage Raymond James Financial Inc. and its former president for failing to police a broker accused of stealing from investors. The SEC accused the company, which has 2,200 offices, of fraud over an alleged scam by Dennis Herula, 56, a former broker in Rhode Island. Herula, awaiting trial on criminal charges, solicited $44.
Advertisement
BUSINESS
January 29, 1990 | BRUCE HOROVITZ, TIMES STAFF WRITER
MuniCorp of California Inc., ranked as the state's 25th-largest brokerage house and among the biggest in municipal bonds offerings, said Sunday that it expects to cease all trading on Wednesday and will close all five of its offices by April 30. The Woodland Hills-based firm, which executives estimate has lost nearly $2 million over the past 1-1/2 years, has seen its staff of brokers cut almost in half during that period. "We're a dinosaur," said Kenneth W.
BUSINESS
December 24, 2003 | From Bloomberg News
Raymond James Financial Inc. may face action from the Securities and Exchange Commission and the National Assn. of Securities Dealers for allegedly failing to provide promised mutual fund discounts to clients. The St. Petersburg, Fla.-based brokerage said in a regulatory filing that it might have to pay a penalty of $6.5 million and that the money owed to customers totaled $6.9 million.
BUSINESS
December 24, 2003 | From Bloomberg News
Raymond James Financial Inc. may face action from the Securities and Exchange Commission and the National Assn. of Securities Dealers for allegedly failing to provide promised mutual fund discounts to clients. The St. Petersburg, Fla.-based brokerage said in a regulatory filing that it might have to pay a penalty of $6.5 million and that the money owed to customers totaled $6.9 million.
BUSINESS
October 1, 2004 | From Bloomberg News
The Securities and Exchange Commission on Thursday sued Florida-based brokerage Raymond James Financial Inc. and its former president for failing to police a broker accused of stealing from investors. The SEC accused the company, which has 2,200 offices, of fraud over an alleged scam by Dennis Herula, 56, a former broker in Rhode Island. Herula, awaiting trial on criminal charges, solicited $44.
BUSINESS
November 22, 1996 | Times Staff and Wire Reports
Sensormatic Electronics Corp. agreed to supply Troy, Mich.-based Kmart Corp. with anti-theft tagging devices in an accord that will double Sensormatic's business with the retailer. The Boca Raton, Fla.-based company will supply 1,019 Kmart stores with the company's UltraMax electronic surveillance systems. In return, Kmart, the nation's third-largest retailer, will purchase labels and tags used with the system.
BUSINESS
May 13, 1999 | Bloomberg News
The threat of inflation has become a virtual nonissue for most Americans as prices for goods ranging from clothes to cars have largely remained in check. Additional confirmation of this phenomenon should come today when the Labor Department reports the producer price index for April and again Friday when it reports the consumer price index. The PPI probably increased by 0.5% and the CPI 0.4%, according to a Bloomberg News survey. Analysts say the increases stem from rising crude oil prices.
BUSINESS
April 18, 1991 | From Associated Press
General Cinema Corp. signaled Wednesday that a proposed merger with Harcourt Brace Jovanovich Inc. was in trouble as talks broke off with Harcourt bondholders who hold a key to the $1.4-billion deal. The offer is now set to expire 5 p.m. today, and General Cinema said it "may terminate the merger agreement" if the offer expires without the necessary purchase of securities. The news was not good for Harcourt, an Orlando, Fla.
BUSINESS
November 10, 1992 | CHRIS WOODYARD, TIMES STAFF WRITER
The stock price of National Education Corp. plunged after a stock brokerage changed its recommendation from a long-term buy to sell. Raymond James & Associates, a brokerage in St. Petersburg, Fla., reversed a recommendation from last year and suggested its clients sell the stock. NEC stock closed Monday at $5.37, down $1.37 in New York Stock Exchange trading.
BUSINESS
January 29, 1990 | BRUCE HOROVITZ, TIMES STAFF WRITER
MuniCorp of California Inc., ranked as the state's 25th-largest brokerage house and among the biggest in municipal bonds offerings, said Sunday that it expects to cease all trading on Wednesday and will close all five of its offices by April 30. The Woodland Hills-based firm, which executives estimate has lost nearly $2 million over the past 1-1/2 years, has seen its staff of brokers cut almost in half during that period. "We're a dinosaur," said Kenneth W.
BUSINESS
June 1, 1993
Players International Inc., a Calabasas-based developer and operator of casinos, said it plans to sell 2 million newly issued shares of stock to the public. In addition, the company said about 2 million outstanding shares will be sold by certain stockholders. Players said the proceeds from the public offering by the company will be used to fund the development of a proposed riverboat casino in Lake Charles, La., and for additions to its riverboat casino now operating in Metropolis, Ill.
BUSINESS
March 20, 2001 | From Dow Jones Newswires
After languishing for a few weeks, shares of Pacific Sunwear of California Inc. gained 17% Monday in a wave of investor enthusiasm following several ratings upgrades. Shares of the Anaheim apparel company, which owns brands such as Stussy, Free People and Dr. Marten's, rose $4.25 to close at $29.13 on Nasdaq. Tucker Anthony Cleary Gull and Robertson Stephens brokerages upped their investment opinions. Wells Fargo Van Kasper upgraded its view last week.
Los Angeles Times Articles
|