MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, February 27, 2002 Pru Lays Off Stovall Even stars are not safe of the layoff scythe sweeping financial services. Prudential Financial is cutting Bob Stovall loose at the end of the month. The famed analyst and former head of Stovall/Twenty-First Advisers was laid off as market strategist as a part of wider job cuts, reports Reuters. He told the news service that he was cut for budgetary reasons in light of the shrinkage in activity and that he has formed Stovall Advisors. Stovall joined Prudential in 2000. It recently hired Ed Yardeni from Deutsche Banc Alex Brown to replace Greg Smith as its chief investment strategist. Printed from: MFWire.com/story.asp?s=1953 Copyright 2002, InvestmentWires, Inc. All Rights Reserved |