Wilmington Trust
Latest Wilmington Trust News
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Stocks Recover Slightly, Ending Tough Week
copper continued its fall, losing 2 percent to $3.16 per pound. Rex Macey, the chief investment officer at the Wilmington Trust Investment Advisors, said markets are bound to encounter turbulence as long as the economy continues to advance at
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Stocks close out sweet third quarter on sour note
the USA and Europe. "The third-quarter story was really simple," says Rex Macey, chief investment officer at Wilmington Trust . "The performance was propelled by the generosity of global central bankers." In September, the Ben Bernanke-led
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Stocks close out strong third quarter on disappointing note
the USA and Europe. "The third-quarter story was really simple," says Rex Macey, chief investment officer at Wilmington Trust . "The performance was propelled by the generosity of global central bankers." In September, the Ben Bernanke-led
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Stock markets surge to highest point in years: Can it last?
an Armageddon-like outcome. "The ECB's bond-buying plan," says Rex Macey, chief investment officer at Wilmington Trust , "takes out a lot of the fear factor." The ECB support coincided with fresh U.S. data that suggest the recent
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Stock indexes close at highest levels in 4½ years
to truly believe in the rally. "For the rally to be sustainable," says Rex Macey, chief investment officer at Wilmington Trust , "we need to get more good information, data and news." Macey, however, acknowledges that the ECB move paved
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Stock indexes close at highest levels in 4 ½ years
to truly believe in the rally. "For the rally to be sustainable," says Rex Macey, chief investment officer at Wilmington Trust , "we need to get more good information, data and news." Macey, however, acknowledges that the ECB move paved
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Despite market rally, several stocks have posted big losses
Mutual, TICKER:bkmu , -42.1% Dean Foods, DF , -41.7% Apollo Group, TICKER:apol , -39.7% Wilmington Trust , TICKER: wl , -37.5% NCI Building, TICKER:ncs , -37.2% Kendle, TICKER:kndl , -34.4% Barnes & Noble
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Standard & Poor's cuts ratings on 18 banks
Susquehanna Bancshares SUSQ , Synovus Financial SNV , U.S. Bancorp USB , Webster WBS , Whitney Holding WTNY and Wilmington Trust WL . The ratings of Carolina First Bank, Citizens Republic Bancorp, Huntington Bancshares, Synovus Financial and
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Tax expectations may speed stock sales
Regardless of who wins, the probability is in 2009 or 2010, tax rates are going up," says Adrian Cronje of Wilmington Trust Wealth Advisory Services. Republican nominee John McCain may find it difficult to make the Bush tax cuts permanent
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What's on voters' minds? The economy, stupid
with a period where risk is being repriced and where our economy is at its most vulnerable," says Adrian Cronje of Wilmington Trust 's Wealth Advisory Services. So what issues worry investors most — and where do the remaining candidates stand
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Gore-Tex maker decides it's time to demand attention
and tricky — task for any company, even one as innovative as Gore, says Tom DeSanto, executive vice president of the Wilmington , Del., advertising, marketing and public relations firm Aloysius Butler & Clark. "That's a difficult thing to do
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Microsoft, Fed Boost Stocks
fundamentals. The outlook is still poor for most of the sector," said Rafael Tamargo, director of equity trust at Wilmington Trust . Other high-tech gainers included Oracle, up $1.14 at $19.18, and PMC-Sierra, which gained $1.73
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Fed's Rate Cut Highlights Bulls' Return to Wall Street
been such a big day, I do think the trend is upward from here," said Matt Brown, head of equity management at Wilmington Trust . "There's a strong correlation between aggressive Fed action and improved stock market performance." Confidence
