Stocks rose today, with the Dow Jones industrial average and the S&P 500 setting records, as the market cheered minutes of the Federal Reserve's rate-setting Sept. 18 meeting.
A consortium led by the Royal Bank of Scotland is expected to wrap up the $99 billion bid for ABN Amro Holding later this week.
Emerging equity markets returned 13.81% in the quarter ended Sept. 30, more than six times the developed equity markets’ return of 2.07% in the same period.
Real estate manager Adelante Capital Management’s Adelante Shares subsidiary and XShares Advisors introduced seven equal-weighted REIT ETFs.
Adviser Mark Hall tends to the financial needs of the tobacco growers of North Carolina while running a smoke-free coffee shop. Read more about him in this week’s Spotlight on.
Callan Associates has received a cease-and-desist order from the SEC, which claims Callan did not properly disclose to clients the extent of its relationship with BNY Brokerage.
U.S. corporations could default on more than $35 billion in debt over the next 15 months, according to a report released today by Standard & Poor’s.
The SEC should move more quickly to close enforcement division investigations it is no longer pursuing, according to a report issued today by the Government Accountability Office.
The SEC should scrap both of its recently proposed rules on proxy access and come up with something more balanced and acceptable to shareholders, said Roel C. Campos, SEC commissioner.
U.S. ETF assets rose 13% in August, with inflows of $22.2 billion, according to a report by State Street Global Markets.
