Kitsap Peninsula Business Journal
6-30-2001
Datek ups fees for inactive accounts
   Online broker Datek has announced that effective Sept. 30 it will introduce an inactivity fee of $15 per quarter...   (Full Article)
6-30-2001
Spot bonuses used to retain key employees
   WorldatWork (formerly American Compensation Association) recently conducted an E-mail survey of more than 630 members to determine the current trends in spot bonuses, and to find out how many companies either are or intending to use this strategy...   (Full Article)
6-9-2001
The Coffeehouse Investor
By Bill Schultheis
   “Once you remove yourself from Wall Street’s complete and total obsession with trying to beat the stock market average, and accept the fact that equaling the stock market average is a rather sophisticated approach to the whole thing, building a successful common stock portfolio becomes an immensely gratifying experience...   (Full Article)
6-9-2001
Mutual fund educator to speak in Bremerton
   “The Best Retirement Portfolio I Know” will the subject of a presentation by Paul Merriman, “one of America’s top financial advisors,” according to CBS Marketwatch...   (Full Article)
6-9-2001
Business Owners: No more excuses
By Ron Rada
   Are you hesitant to set up a business retirement plan because you are concerned about the cost and the administrative hassle? Consider this...   (Full Article)
5-8-2001
The Coffeehouse Investor
Moving into scoring position
By Bill Schultheis
   Hitting the cutoff man. Moving the runner into scoring position. Turning the double play. Keeping the ball down in the strike zone. Will spring training pay off come September? Let’s find out, because it’s time to play ball...   (Full Article)
5-8-2001
Protect your financial records from stormy weather
By Glenn Anders
   A hurricane or tornado is headed your way. What should you do? Obviously, you and your family need to head for safety. What should take with you? There are many possibilities, but you should give strong consideration to protecting your financial records. Because if they get lost or destroyed, it could mean countless headaches for you...   (Full Article)
5-8-2001
Seminar on saving for higher education
   Worried about saving for your children’s education? Dain Rauscher investment executives Laryssa Freeman, Dave Nelson, Mahmoud Shahrezaei, Rich MacDuff and Rachel MacDuff, and Alliance Capital may have the answers to help you. They will host a free seminar on saving for college that will offer information on 529 college savings plans...   (Full Article)
5-8-2001
Financial workshop series set
   Edward Jones investment representative Jeff Thomsen will host a four week financial workshop for individual investors, aimed at helping them set financial and investment goals. The series will provide an in-depth look at the many types of investment vehicles available and help determine what is suitable for investors who are working or retired...   (Full Article)
5-8-2001
Shahrezaei joins Dain Rauscher
   Mahmoud Shahrezaei has joined Dain Rauscher Incorporated as an investment executive in its Silverdale office.
   He recently completed an extensive training program at Dain Rauscher and is now certified as a registered investment executive and will assist individual and corporate clients in selecting appropriate investments including stocks, taxable and tax-exempt bonds, and mutual funds. He also helps clients develop retirement plans and money management programs.
   Shahrezaei may be reached at (360) 698-5880.
4-4-2001
Working capital available for emerging companies
   For small and mid-size businesses that are in a growth mode, getting the working capital necessary from conventional sources to sustain that growth and increase profitability can be a challenge — especially in an age of ongoing bank consolidation and ever-tightening credit policies...   (Full Article)
4-4-2001
The IRA: Your power tool for retirement
By Jeff Thomsen
   For home improvement professionals, gone are the days of plain old hammers an screwdrivers. For speed and convenience, they rely on power tools...   (Full Article)
4-4-2001
Dain Rauscher to host investment seminar April 18
   Rachel and Richard MacDuff, investment executives at Dain Rauscher in Silverdale, will host an investment seminar, “Are You Facing a Life Changing Event...   (Full Article)
4-4-2001
Frontier Bank predicts profitable fiscal year
   Frontier Financial Corp., the holding company that owns Frontier Bank, has announced that it expects the first quarter of 2001 to be a profitable one, with earnings ranging between $7 to $7.5 million...   (Full Article)
4-4-2001
The Coffeehouse Investor
It is impossible to have a stock market conversation these days
without someone asking the inevitable: “How low can Cisco go?’’
By Bill Schultheis
   On March 16, Cisco Systems shares (Nasdaq: CSCO) closed below $21 a share, after dipping to a 52-week low of $20 earlier in the day. In the past 12 months, the Internet equipment maker’s shares have fallen 44 percent...   (Full Article)
4-4-2001
Key testing wireless online services
   Key.com, the Web site of Key Bank, recently announced a pilot program of wireless banking that includes compatibility with the Palm V and VII series of PDAs...   (Full Article)
4-4-2001
SEC warns online stock firms on ads
   The Securities and Exchange Commission (SEC) is advising online stockbrokers to change their business practices, including the way they advertise online trading...   (Full Article)
4-4-2001
Investment rep launches Web site
   Harry J. Keppert, Jr., H.D.Vest Representative and Founder of Advanced Financial Tax & Accounting Services recently launched a new Web site in cooperation with H.D. Vest Financial Services...   (Full Article)
4-4-2001
Brinton, Berger named Senior Investment
Management Consultants at Salomon
   Salomon Smith Barney’s Consulting Group has named Chris Brinton and Doug Berger of the firm’s Silverdale office, Senior Investment Management Consultants. The pair are two of fewer than 150 of the more than 11,000 Salomon Smith Barney financial consultants currently authorized to use this prestigious designation. They earned the title after successfully completing a rigorous career development program created by the Consulting Group, the firm’s investment management consulting division.
4-4-2001
Kitsap Bank racks up record profits for 2000
   Port Orchard-based Kitsap Bank reported it earned record profits for the year 2000.
   Earnings were $5.8 million, compared to $5.2 million the previous year. The figures represent an 11 percent gain.
   The primary reason for the increase was continued strong loan growth. Total loans increased by $37 million with loan volume exceeding $340 million. That is an increase of almost $80 in the past two years. Deposits also increased by $26 million in 2000.
3-6-2001
Fidelity, OnStar form alliance
to offer in-car stock data
  OnStar, General Motors’ (GM) wireless electronics unit, has teamed up with Fidelity Investments to form an alliance to provide drivers with hands-free access to financial data and eventually the ability to trade. Fidelity, the largest US mutual fund group and a brokerage, will become the financial services provider to OnStar’s Virtual Advisor...   (Full Article)
3-6-2001
NYSE “offers better prices” than Nasdaq
   According to a study released by the US Securities and Exchange Commission, investors generally receive better prices for their trades on the New York Stock Exchange than on the Nasdaq stock market. Naturally, Nasdaq officials were quick to criticize the study, citing the limited number of factors used...   (Full Article)
3-6-2001
Layoffs hit CNBC and CNBC.com
   Succumbing to the same economic pressures as the companies it tracks, CNBC, the 24-hour global financial news channel, and its website announced it will be laying off more than 40 employees and launching a reorganization of its internet operation...   (Full Article)
3-6-2001
WAMU brings branded retail store concept to Poulsbo
   After successfully launching its “Occasio” concept in Las Vegas, Washington Mutual, Inc. (WAMU) plans to expand the retail-oriented, high-tech banking concept. The first site to benefit from it will be its Poulsbo branch located at 20350 Little Valley Road N.E...   (Full Article)
3-6-2001
A better community through better investing
By Pam Piper
   Would you like to help make your community better? Of course you would. But are you prepared to help pour the concrete foundation for a new area school? Probably not. How can you take an active part in improving your community without having to wear a hard hat...   (Full Article)