After posting an 11.25% drop in June, real estate investment trusts rebounded in July, rising 2.8% for the month, NAREIT and FTSE Group reported today.
Janus Capital Management LLC will begin sending out checks to investors Aug. 15 as restitution from its 2004 market-timing settlement.
The European Central Bank — the central bank for the Eurozone currency area — today decided to leave its three key benchmark interest rates unchanged.
Products of some top fund companies included on Doug Fabian's roster.
In response to the credit crisis, a group of financial industry executives unveiled a plan today to improve risk management.
The Vanguard Group reopened the Vanguard Explorer Fund and the Vanguard Health Care Fund to new shareholders.
Prudential Financial yesterday agreed to settle allegations from the SEC that it used reinsurance contracts to overstate its income by more than $200 million.
Falling oil prices and a recovering stock market have halted the precipitous drop in consumer confidence prevalent throughout 2008, according to new data.
The nation's largest brokerage firm will buy securities held by 30,000 clients.
Jim Pallotta, a fund manager at Tudor Investment Corp., will start his own investment firm in 2009.
