Stock Trader's Almanac editor sees 8.9% annual gain for DJIA over next fifteen years; 'can't throw a dart that far'
Acquisition of U.S. company — and its variable annuity business — would hike Manulife's exposure to volatile equity markets
Banks swarm the CFTC in a bid to to blunt new derivatives rules. One official described the campaign as 'unprecedented'
Last week marked the fourth consecutive week in which stock markets posted gains, with the Dow Jones Industrial Average climbing 2.4% to 10,860, the S&P 500 Index advancing 2.1% to 1,149 and the Nasdaq Composite rising 2.8% to 2,381.
The market's negative sentiment toward the energy sector has created a strong buying opportunity in the natural-gas space, according to Harry Rady, manager of the Rady Contrarian Long/Short Fund.
James Boyle the third former Merrill exec to depart Chicago-based firm in a year
Regulator eyes cozy relationship between asset managers and hedgies, PE execs; 'proactive approach'