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Rating:Odd Lots, March 12, 1999 Not Rated 3.0 Email Routing List Email & Route  Print Print
Friday, March 12, 1999

Odd Lots, March 12, 1999

Reported by Jason Shank

Met Life has featured Snoopy and the Peanuts crew for almost 15 years, but will reduce their role in the insurance giant's ad campaigns to occasional appearances as the company prepares to go public, in today's New York Times

Schwab says they have settled claims from some customers who tried to cancel orders for shares in the fast-rising initial public offering of Theglobe.com Inc.

Fleet Financial Fleet Financial Group Inc. announced that it was considering a public offering for its Internet brokerage, Suretrade, seeking to capitalize on the explosive growth in on-line investing, according to The Boston Globe.

Citigroup Inc., the world's biggest financial services firm, said Thursday that it plans to use salespeople in its 400 U.S. bank branches to market mutual funds and other investments, says The Los Angeles Times.

Researchers at discount brokerage firm Charles Schwab & Co. conclude that there are specific blends of index funds and so-called actively managed funds that have the best chance of accomplishing a goal held by many investors: minimizing a portfolio's risk of lagging behind the market, while increasing its probability of outperforming it, in today'sWall Street Journal

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