||Stifel Completes Purchase of Stone & Youngberg
||Stone & Youngberg Board of Directors Enters into Agreement with Stifel Financial to be Acquired
Stifel Financial Corp. and Stone & Youngberg agree on acquisition.
||Stone & Youngberg's Asset Management Group Releases Spring 2011 Investment Commentary and Outlook
Paul Touchstone, CFA, Stone & Youngberg’s Senior Investment Strategist and Portfolio Manager, issues S&Y's 2011 Investment Commentary & Outlook.
||Doug Heske to Head Up Stone & Youngberg's San Francisco Private Client Group Branch
Stone & Youngberg, a leading financial services firm and the nation’s top underwriter of California and Arizona municipal bonds over the past five years1, announced that Doug Heske has joined the firm as a managing director and branch manager of the firm’s San Francisco Private Client Group.
||Stone & Youngberg Lures Exec
Stone & Youngberg LLC hired Bay Area financial veteran Doug Heske as a senior executive in its wealth management operations as the San Francisco bank sets the stage for the next generation of leadership across several business lines.
|| Stone & Youngberg Volunteers At St. Anthony's Tenderloin Tech Lab
Volunteers from Stone & Youngberg came to St. Anthony's Tenderloin Tech Lab to provide basic and advanced computer tutoring, and help clients actively seeking employment.
||Coronado City Council Directs Staff To Explore Community Development Options
The Coronado City Council in their meeting on Tuesday, March 15th had to address what life might be like locally without redevelopment funding. The council held similar discussions at their March 1st meeting, but the uncertainty at the state level makes definitive action at the local level next to impossible. Coronado resident Bill Huck, with the bond underwriting firm of Stone & Youngberg, addressed the current bond market and what Coronado might expect should they try to leverage future tax increment into bonds; he said that the city would net between 91 and 92 percent of a bond issue after expenses and that the process takes between 60 and 90 days to execute.
||Housing Starts Fall 22.5%, Second Lowest Start Rate Ever Recorded
In more depressing news for the housing sector, the Census Bureau reported this morning (3/16) that February housing starts fell -22.5% for the month. The annual start rate for the month (seasonally adjusted) was 479,000 which was the second lowest monthly start rate ever recorded.