<i>Breakfast with Benjamin:</i> The bull run is not over; neither is the spike in volatility. Plus: The upside of suddenly cheaper stocks, JPMorgan's big miss, mutual fund investors always get creamed, placing speed bumps in front of high-frequency traders and not having Kathleen Sebelius to kick around anymore.
Earlier this month, Puerto Rico sold $3.5 billion in bonds but since the sale, some of the bonds have changed hands at less than the minimum amount for some investors. Finra is taking a look.
Hedge funds seeking to participate in Puerto Rico's planned bond offering are asking that the commonwealth raise enough money to meet its needs for two years, two people with knowledge of the preliminary talks said.
Fund company says while there's “room for improvement,” commonwealth "moving in the right direction."
Four top executives of DBSI Inc., one of the leading syndicators of private-placement investments, were convicted by a federal jury on multiple counts of fraud.
<i>Breakfast with Benjamin:</i> All eyes are on earnings. Plus: The SEC discovers high-frequency trading, momentum takes out passive investors, AAA credit ratings becoming extinct, new love for emerging markets, six solid stocks to watch this week, overwhelmed at the IRS, and Switzerland votes for the world's highest minimum wage.
Stocks dropped amid disappointing results at JPMorgan Chase & Co. and signs hedge funds were dumping the bull market's best performers.
Tech stocks are off sharply but one technical strategist is advising clients not to buy the dip. Here's why.
Advisers agree investors need to stay calm and avoid knee-jerk selling.
<i>Breakfast with Benjamin:</i> Why investors are bracing for a rough start to the week. Plus: The SEC hones in on hedge funds, rethinking stock buyback programs, trading stocks on your phone, and using your phone to break bad habits
Investors' fear of rising interest rates is driving down shares of companies like Lockheed Martin, which makes the F-16 Fighting Falcon fighter jet, that pay high dividends. Some strategists suggest keeping at least a little exposure to these stocks as a bond substitute.
All brokers and advisers still are subject to principles of human decency, in addition to compliance rules.
FS Investments also will increase its monthly cash distribution rate.
Inland American offers shareholders a way to cash out, but place limits on the buyback and values shares at no more than $6.50 a share.
Fidelity Institutional Wealth Services wants to help them make a concerted push into plan advising
Documents are way too long, information is split up among multiple documents, and the legalese is mystifying
Verdict may increase pressure on colleague to cooperate in investigation of founder Steven A. Cohen.
New offering grabs $2.8 billion in first few days; a JPMorgan fund has similar outflow.
<i>Breakfast with Benjamin:</i> Backing off the big bounce. Plus: Bill Gross confesses, Bank of America pays for cheesy marketing tactics, investing in wind energy and an urgent reminder to change those passwords
<i>Breakfast with Benjamin:</i> The latest IPO candidate has filed, and its numbers are 'insane.' Plus: Currency traders on their way to extinction, hedge fund managers boost gold bets (mostly), small cap strategies rule, two powerful women on Wall St. could be out of work and an Olympic update.