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
Common Sense Investment Management isn't shutting down, despite media reports to the contrary.
A year ago, Berkowitz formally attempted to simultaneously manage both a hedge and mutual fund. So far, so good.
Some of Thursday's midday movers:
The Treasury Department said it plans to sell 410,000 shares in auto lender Ally Financial as part of its effort to unwind its financial bailout fund.
With rising rates, it's no surprise to see a considerable short in the Treasury market.
A provision prohibiting banks from keeping investments in CDOs backed by hybrid securities called trust preferreds ignited a controversy.
The fees on actively managed funds are rising. Don't think your dollar fees are small because percentages are. Here's how to do your homework.
The S&P 500 closed at an historic high on Wednesday, underscoring how pullbacks remain shallow.
The long-discussed "Great Rotation" won't be from bonds to stocks but will be within the bond market, BlackRock Chairman and CEO Larry Fink told CNBC.
Goldman Sachs reported quarterly earnings and revenue that beat analysts' expectations on Thursday.
Happy Thursday. Welcome to the always commercial-free morning six-pack.
Some of the names on the move ahead of the open.
With stocks back in record terrain for the first time in 2014, traders are watching earnings as the catalyst that will determine whether gains hold.
Citigroup delivered quarterly earnings and revenue that fell short of analysts' expectations on Thursday.
Discussing earnings and regulations for big banks, with Richard Bove, Rafferty Capital. Bank of America's beat-the-street earnings are certainly a comeback, says Bove.
A volatile stock market could be the best friend to municipal bonds, which have suffered through a shaky year amid a deluge of ugly headlines.
Companies making headlines after the bell Wednesday.
A judge rejected a conservative challenge to insurance subsidies available to people that declined to establish their own online marketplaces.
Some of Wednesday's midday movers:
Goldman Sachs is wrong to tell its clients to cut their exposure to emerging markets, according to a hedge fund manager.
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