Guggenheim Partners LLC, an investment firm founded by the famous family for which it is named, announced today it is acquiring Security Benefit Corp. — and with it Rydex SGI.
Raymond James & Associates must face a lawsuit claiming it defrauded buyers of auction-rate securities, the first class-action complaint following the market's 2008 collapse to survive a judge's initial review.
A reported pricing probe by the Securities and Exchange Commission is just the latest 'oh no' moment for the muni bond biz
Will serve as managing director for firm with $7.1B in AUMs; outfit started out as John D.'s family office in 1882
Absent true reform, and eager to jack up profits, some Wall Street firms will once again make risky bets -- and probably crap out
At a party during a trip to China in the 1930s, Nikos Kazantzakis, one of the foremost writers and thinkers to emerge from Greece in the 20th century, became involved in a deep conversation with a mandarin.
Warren E. Buffett's Berkshire Hathaway Inc. has sold its stake in Bank of America Corp., ending an investment that spanned three and a half years, in which the stock lost more than two-thirds of its value
QA3, the brokerage founded by Steve Wild, is closing its doors on Friday, according to an internal e-mail. Recruiters, who have been flying lazy circles over the firm, are now descending on the B-D -- and its highly prized 400 registered reps.
Warren Buffett, who amassed the world's third-biggest personal fortune through decades of stock picks and takeovers, told CNBC his worst investment was the textile mill that gave its name to Berkshire Hathaway Inc.
