Computer and software shares have slumped to the lowest valuations in two decades, a sign to Barclays Wealth and UBS AG they will rebound as Standard & Poor's 500 Index companies start spending their record cash.
The technology sector has gotten cheap, according to Allison Thacker, who manages $1.4 billion in growth portfolios at RS Investments.
BlackRock Inc., the world's biggest asset manager, named Rich Kushel as head of portfolio management and Charles Hallac as chief operating officer, reshaping its leadership team after the purchase of Barclays Global Investors.
With the launch of WealthOne, National Planning Holdings Inc.'s network of four broker-dealers has a major new set of tools at its disposal.
Charles Schwab will pay $200 million to resolve a federal class action lawsuit filed by investors who say the financial holding company misled them over the safety of mortgage-backed securities.
Money manager who saw the mortgage meltdown coming says the central bank boss needs to explain why the Fed didn't
Connecticut insurance commissioner Thomas R. Sullivan will look into whether The Hartford participated in “misleading practices” in its marketing of a new variable annuity, the commissioner's office announced today.
Things are getting ugly in Venezuela, with President Hugo Chavez vowing to crush the country's brokerage industry following a big drop in the value of the bolivar
Nouriel Roubini, the New York University professor who forecast the U.S. recession more than a year before it began, said sovereign debt from the U.S. to Japan and Greece will lead to higher inflation or government defaults.
Traders, storage facility owners betting on turnaround in the first half of the year
