BP shares sunk Thursday in London as U.S. politicians pressed the British oil company to halt its dividend payments and fork out greater compensation for American workers and companies devastated by the massive Gulf of Mexico oil spill.
MMA Praxis Mutual Funds group is holding on to its holdings in BP PLC, despite the company's role in the recent oil spill in the Gulf of Mexico.
Drawn by tales of fast money in the land of iron condors, retail traders are swarming the futures market. But do they know what they're doing?
Understanding how to use options as a risk-management tool and as a generator of additional income can't hurt.
Move comes months after competitors Charles Schwab & Co. and Fidelity Investments separately eliminated commissions on certain ETFs
Many representatives and agents say the new requirements add to the already complex layers of review required by Finra.
Dreyfus Appreciation Fund Ticker:(DGAGX) ranks as an S&P five-star Domestic Equity mutual fund because of its relatively strong track record, its ownership of stocks that S&P Equity Research views on average to be undervalued and having financial strength, and S&P's view that DGAGX assumes less risk and incurs relatively low costs for its shareholders than its large-cap core peers.
Famed hedge fund manager claims country's budget austerity could trigger deflationary spiral in Europe
There's no single solution for dealing with such a diverse age group. But in this clip from Digital Adviser2Adviser, we look at three key points to discuss with clients -- including long-term care.
Stranger-originated annuity transactions have plenty of layers of oversight already, says ValMark Securities' Caleb Callahan
Acquisitive company looking at 'everything that goes by'; Pioneer Investments being eyed?
It should be easier for employers to include annuities in their retirement plans because Americans are at risk of outliving their savings, an insurer told Labor and Treasury department officials today
Bond guru slashes holdings in government paper from 'overweight' to 'small underweight'; sees 'long-term bottoming process'
Data shows an 83% flip rate over past three years; firm cites revamp of Retirement Ready line
Such portfolios seen as the next big push for providers of exchange-traded funds
The capital markets continually set traps for the unwary, and it is financial advisers' responsibility to help their clients avoid them.