As you probably have heard by now, British oil giant BP PLC has agreed to endow the $20 billion mea culpa fund ordered by President Obama in his Tuesday night address to the nation.
Mr. Dial is slightly overweight double-B rated loans, and slightly underweight triple-C rated loans. He has also added some high-yield bonds to the portfolio as a way to enhance performance.
A slate of challengers for three small-firm seats on the Financial Industry Regulatory Authority Inc. board have gathered enough support to seek a spot on the ballot for the upcoming board election.
Macro events such European debt issues, regulatory rhetoric and high unemployment all create opportunities.
Shares of home health providers sank Wednesday as an investigation into the industry's Medicare reimbursement practices expanded.
Overturning state law, New York's highest court this month ruled that estates and beneficiaries can sue estate-planning attorneys for malpractice.
The sweeping financial-regulatory reform bill faces an uncertain fate in the Senate following the death early today of Sen. Robert Byrd, D-West Virginia.
Complex reverse convertibles mostly sold to individual investors; 'inconceivable'
The banned broker's responses to questioning, however, often come across as confused.
Artisan Partners LP's hiring of C.J. Daley as chief financial officer may mean that the company is getting serious about IPO plans.
