CalPERS' move to divest itself of $4 billion in hedge fund holdings is galvanizing a debate among many other pension managers.» Read More
Rather than jump at the Alibaba IPO, RiverPark/Wedgewood fund's David Rolfe might "wait years to get it at our price."
The net inflows were the first in three weeks and came after outflows of $4 billion the prior week, which were the biggest in nine weeks.
A Wells Fargo analyst says sales volatility, lease obligations and the competitive landscape make specialty apparel stores less than ideal candidates.
Inflation may have taken a break in the U.S., but the country hardly seems perched to be the next Japan.
Credit Suisse has entered Wall Street's correction derby, but in a way different from its peers.
Lennar's earnings beat on Wednesday, with fairly big numbers, will help the bull argument.
Attorney General Eric Holder called for changes that could help prosecutors build criminal cases against senior Wall Street executives.
Asia ex-Japan hedge funds have posted the strongest performance worldwide this year, data from research house Eurekahedge shows.
A hypothetical Scottish index, made up of companies based in Scotland listed in the UK, has been left relatively untouched by the referendum.
Gold fell modestly, as the Federal Reserve continued on track with its plans to wind up its crisis-era monetary stimulus.
The Federal Reserve has asked Credit Suisse to address problems relating to the bank's underwriting and sale of leveraged loans.
State Street has asked its foreign exchange trading chief to stay away from the office, Dow Jones reported, citing unnamed sources.
Some of the names on the move ahead of the open.
Following reports that the PBoC will provide hefty liquidity injections for its banks, some analysts say something bigger is round the corner.
Eric Schneiderman defended a controversial lawsuit against the British bank Barclays and opposed its motion to dismiss the case.
Goldman Sachs, the first conventional U.S. bank to issue sukuk, raised $500 million with its debut sale of Islamic bonds.
Bank of America gave up about $6 billion in annual revenue by phasing out risky consumer banking products and eliminating certain fees.
For the first time in a month, the Russell 2000 closed below its 200-day moving average, approaching its first so-called death cross in more than two years.
Maybe this is what happens when a central bank becomes too transparent.
Lost in the chatter about the inflating tech bubble is an important detail: Most of technology's most notable names aren't participating.
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