The Houston-based asset management firm’s earnings fell $596,000, after a net income of $2.6 million in the year-ago period.
The Hennessee Hedge Fund Index advanced 1.4% in February but remains down 1.2% for the first two months of the year.
The New York attorney general Andrew Cuomo is broadening his investigation into health insurers’ practices related to payments for out-of-network services.
U.S. nonfarm payrolls shed 63,000 jobs in February — the second consecutive monthly decline.
An alleged Ponzi scheme ran for 12 years and defrauded 1,000 investors of $350 million.
Turmoil in the bond market was a factor in the formation of the Regional Bond Dealers Association, based in Alexandria, Va.
The RBC CASH Index fell to a reading of 33.1 in March, marking the index's worst reading since January 2002.
Modifications to SEC's privacy regulations would allow departing brokers to take customer contact information with them.
The rate of home loans entering the foreclosure process was 0.83%, up from 0.54% a year ago.
