Charles Schwab Corp., the largest independent brokerage by client assets, reported second-quarter profit that matched the average analyst estimate as revenue from interest earned offset a decline in trading.
BlackRock equity guru says medical sector is undervalued despite surge in cash flow
Warren E. Buffett's determination that Berkshire Hathaway Inc. (BRK/A) shares are cheap enough to buy back may mean that the S&P 500 also is a bargain.
As all eyes focused on the equity markets, one easily overlooked development yesterday was the Treasury's 30-year bond auction. Guess which player didn't take part?
While institutions have been moving money out of riskier assets and into safe havens — including, remarkably, Treasuries — retail investors have been bailing out of U.S. government debt.
The stock market's <a href=http://www.investmentnews.com/article/20110804/FREE/110809935>slide in the last two weeks</a> is being embraced as a “selective” buying opportunity by Melissa Chadwick-Dunn, part of the four-person team managing the RS Small Cap Growth Fund Ticker:(RSEGX).
With the dark cloud of economic uncertainty hanging over Washington, one could make a solid case for the Advisory Research International Small Cap Value Fund Ticker:(ADVIX), which limits exposure to the U.S. dollar by investing primarily on foreign exchanges.
Ibbotson Associates Inc. looked at 21 major target date fund families and found that a target date fund's asset allocation generally becomes more conservative as employees age.
Gold may advance to a record $1,600 an ounce this year as investors seek to protect their wealth from Europe's sovereign-debt crisis, boosting demand, according to Scotia Capital.
Stifel Nicolaus & Co. Inc. has hired Susan M. Dixon, former branch manager of Smith Barney's Laguna Niguel, Calif., office, to open a Stifel branch in Irvine, Calif.
