Up 13% after Citigroup analyst said insurer can withstand mortgage-related losses
Legendary fund manager Bill Miller finally gave up the ghost, unloading his entire stake in Eastman Kodak. The damage? The Legg Mason Capital Management Value Trust took a $550 million hit from the sale.
In a move that highlights regulators' concerns with nontraded real estate investment trusts, Wells REIT II told investors last week that the new estimated value per share is $7.47
An eye-opening analysis of the “distributions” of nontraded REITs sold exclusively by David Lerner Associates Inc. shows that the REITs' property investments largely underperformed the level required to pay promised dividends to investors
Morningstar Inc. is gauging the interest of brokerage firms and financial advisers in research coverage of nontraded real estate investment trusts
Independent research on growing market could help reps and advisers
Emerging market guru says inflation will force investors back into equities; 'bouncing along the bottom'
Having hit bottom, high-end hotels and industrial properties should thrive
Net inflows at five-year high; seekers of yield have few options
Patrick Evershed, a former New Star Asset Management Holdings Inc. fund manager, was bullied by company founder John Duffield, who called him a “criminal” and a “moron,” according to Mr. Evershed's lawyer
Warren E. Buffett's Berkshire Hathaway Inc. invested $23.9 billion in the third quarter, the most in at least 15 years, as he accelerated stock purchases and broadened the portfolio beyond holdings in consumer and financial companies
Italy's passage of belt-tightening measures Friday, coupled with its impending change of leadership, calmed immediate fears about Europe's debt crisis, but investors should brace for more eurozone turmoil in the weeks and months ahead
Fee fiefdom losing ground to passively managed funds; low yields brings high scrutiny
Housing is inexpensive and should be attractive to legitimate buyers
With yields matching, even surpassing comparable Treasuries, municipals suddenly big with advisers
In-depth research shows little chance of domino effect after Jefferson County bankruptcy