TITLE

Equity Turns Corner on Rough First Half

AUTHOR(S)
Mane O'Connor, Colleen
PUB. DATE
June 2005
SOURCE
Investment Dealers' Digest;6/27/2005, Vol. 71 Issue 25, p34
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information on the performance of banks in equity markets. Banks are scouring the equity markets in search of any signs of a pickup in investor sentiment, hoping to make up for a year that so far has been spent mainly in the doldrums. Some equity market players expressed frustration with the current slump, noting that overall; corporations are in good shape and should be enticing for investors. Stronger activity by middle-market companies contributed to impressive performances by Jefferies & and Wachovia Corp. While most investment banks saw a decrease in new stock issuance over the same period last year, both firms boosted their underwriting volume and number of deals.
ACCESSION #
17458680

 

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