Says change for consistency, not effort to distance company from Armstrong.
GOP's tax cuts leave $2.5B revenue hole; race to zero
Global markets start the week strong, thanks to U.S. economic news. Plus: Schwab IMPACT coverage, Wall Street prophets, Veterans Day. Expertly curated by <i>InvestmentNews</i> senior columnist Jeff Benjamin.
The much talked about 'great rotation' to stocks from bonds is a flawed theory because the correlation isn't direct, according to Sanford C. Bernstein. That means investors expecting a pop in stocks could be in for a disappointment.
Universal life policies sold in the '80s and '90s are at risk of lapsing, causing problems for clients and advisers.
Gold's precipitous drop brings it to a key level, $1,200 an ounce. Some experts think this is the worst it will get for the precious metal. Does that mean now's the time to buy?
Three big reports to hit the market, plus: Bitcoin spikes as euro takes a dive, Bernanke's prezzie to Yellen and advisers' big headache. Curated by <i>InvestmentNews</i> senior columnist Jeff Benjamin.
Clients have until Dec. 7 to make choices for 2014
Shares of Twitter surged 73% in their debut, the biggest IPO opening pop since 2007. Part of that was by design as management and bankers took the lessons of Facebook's botched IPO to heart. What's in store for the stock now?
Plus: Deutsche Bank's new China ETF hottest launch since 2007
SAC Capital Advisors plans to shut down its London office as the $14 billion hedge-fund firm founded by Steven A. Cohen scales back in the face of insider-trading allegations by U.S. prosecutors
New fund would allow investors to get more exposure to some of the smaller, potentially higher-growth areas of the market
One money manager, who uses fundamental research, says that while tech stocks are getting all the excitement from investors (think: Twitter IPO), the consumer discretionary and health care sectors offer better opportunities.
Plus: Bitcoin is back with a vengeance, what's up with consumer discretionary stocks, how about BP and Tesla's surprising earnings miss. From <i>InvestmentNews</i> senior columnist Jeff Benjamin.
