Point72 Asset Management, the revamped firm of the billionaire investor Steven A. Cohen, generated a profit of nearly $1 billion for the first half.» Read More
But this is still a bull market, said "The Gartman Letter" publisher Dennis Gartman.
More than three years after Congress voted to overhaul financial regulations, only half the new rules are done. A quarter haven't even been proposed.
Happy Tuesday, the fourth day of the second month in the new Ice Age.
Some of the names on the move ahead of the open.
Investors are too worried about larger global macroeconomic forces to do much buying.
The S&P 500 broke below an important trend line Monday, and technicians see more selling ahead.
Weak U.S. manufacturing data sent stocks into a tailspin and signaled to some that the correction in stocks could be deeper than expected.
Companies making headlines after the bell Monday.
As hard as policymakers have sought to assure markets that they stand at the ready, the lack of a consistent voice has only spurred weakness.
Some of Monday's midday movers:
Pimco rose 1.35 percent in January after posting its worst annual loss since 1994 last year, preliminary data from Morningstar showed on Monday.
Historically, February ranks as the second-worst performing month of the year for the Dow and S&P 500.
David Tepper is not on Twitter, but other hedge fund managers are.
First, the good news: we have safely put January behind us. Now for the bad news.
Daniel Loeb's hedge fund will be losing Rhode Island as a client after the state's pension fund found his Third Point too risky.
With a likely rise in bond rates, financial advisors recommend diversifying fixed-income allocations and assuming greater risk to meet income needs.
Companies in the news before Monday's bell.
Happy Monday, unless of course you're Peyton Manning, quarterback of the losing team in the Worst Super Bowl Ever.
The U.S. Justice Department is investigating financial funds that may have violated anti-bribery laws in their dealings with Libya.
Wells Fargo held the top spot as world's most valuable banking brand, with a brand value of over $30 billion, according to a report on Monday.
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