Tech investor Paul Meeks reshuffled his model portfolio on Friday. Here's what he's buying.» Read More
European shares were called to open lower sharply lower on Wednesday as investor caution replaced hope ahead of an unofficial European Union summit in Brussels to discuss policy responses to the euro zone crisis.
Take a look at some of Tuesday’s morning movers:
Morgan Stanley shares have had a rough 2012, underperforming those of major competitors by so large a margin that the bank is now lagging even perennial post-crisis losers Citigroup and Bank of America according to certain metrics.
Stocks accelerated their losses in the final minutes of trading to close near lows Wednesday, pressured by a handful of lackluster tech earnings and amid renewed concerns over the euro zone.
BlackRock, the giant money manager, said it would have no choice but to shift some of its business away from certain Wall Street firms if Moody’s Investors Service went ahead with its threat to downgrade some of the country’s biggest banks. The New York Times reports.
U.S. stock index futures were lower Wednesday as central banks seemed to drift away from the idea of injecting more monetary stimulus and European shares fell.
Take a look at some of Wednesday’s morning movers:
European shares were seen opening broadly flat Wednesday after strong demand for Spanish short-term government debt dispelled some of the fears of another imminent euro zone debt crisis, despite a spike in yields compared to a previous auction.
Despite the recent stock pullback, corporate earnings are expected to continue giving the market some short-term momentum.
Can the average stock market investor make money investing in Wall Street's exclusive private-equity and debt trading clubs?
Ray Dalio, head of Bridgewater, the world’s largest hedge fund, personally made $3.9 billion in a year that his $70 billion Pure Alpha fund produced $13.8 billion of investment profits for its investors, according to industry rankings. The FT reports.
BlackRock is helping determine how much capital Greek banks need to raise in the coming months, a crucial step as Greece tries to fix its banking industry and its broader economy, but a risky one. The New York Times reports.
Prospective bank buyers are outweighing sellers, signaling that after a big lull in U.S. bank M&A last year, the market may revive in 2012.
Dividend investing has momentum and room to grow, despite low payout ratios, BlackRock’s CIO told CNBC Thursday.
As if the S&P 500’s robust gain so far hasn't been impressive enough, Laszlo Birinyi, president of Birinyi Associates, says there’s still further room for the index to rally to 1,700 sometime this year.
Americans are facing a "savings gap" and need an investment strategy with a "time horizon that is not a day, not a month, not even a year," BlackRock CEO Laurence Fink told CNBC Wednesday.
Doing the required research to determine which dividend-yielding stocks should be in your portfolio is a daunting task. Consider investing in dividend exchange-traded funds instead.
European investors fled a range of long-term investment funds in December 2011, capping a bad year for the fund management industry as a whole, research published on Thursday revealed.
Shares of the following companies are showing unusual moves in Wednesday's trading session.
Bank of America shares have been rallying this year after a dismal 2011, suggesting there is little chance for a positive surprise from the bumbling banking giant when it reports fourth-quarter earnings before Thursday's open.