Managing a mutual fund is nothing short of a noble calling to alleviate wealth inequality, according to a Morningstar senior executive.» Read More
NEW YORK, Feb 7- Moody's Investors Service on Friday became the second ratings agency this week to cut Puerto Rico's credit rating to junk, citing concern about the cash-strapped U.S. territory's weak economy and its ability to borrow.
U.S. mutual funds with heavy exposure to Puerto Rico bonds have sold off some of the cash-strapped island's debt to meet investor redemption demands.
Feb 4- U.S. coal miner Arch Coal Inc reported a bigger-than-expected quarterly loss due to weak shipments and prices, but said markets for thermal coal, used to generate power, are improving. They soared 5 percent during a conference call with Wall Street analysts.
BOSTON, Feb 3- Investors are paying hefty fees for mutual funds that bill themselves as actively managed but in large part are mimicking a benchmark stock index.
After Target's data breach, investors and analysts are now circling companies that could benefit from a major upgrade in credit card technology.
Pimco's Total Return Fund saw its assets sink by $41.1 billion in 2013, as U.S. Treasuries bets went south
Computerized trading has already taken over Wall Street. But are investors ready to hand their portfolios over to machines, too?
Find out the truth behind the persistent myths that could be hindering your retirement planning.
Earnings reports from Boeing and dozens of other major companies could set the course for stocks Wednesday, as the Dow reaches for new highs.
Apple is cutting production orders for its iPhone 5C a month after launch, fueling speculation the cheaper model may have been priced too high.
Several state sponsored college savings plans offer participants tax incentives on 529 plan contributions as tax-free income.
As Dunkin' Donuts expands in the fast-casual restaurant segment, it is adding menu items, redesigning its look and adopting some decidedly Starbucks-like elements.
Morningstar said personal information, including credit-card details, of about 2,300 customers may have been compromised due to a security breach last year.
SandRidge Energy's board of directors removed the energy company's founder and chief executive after a months-long struggle with activist investors.
Life may be like a box of chocolates, but how about the stock market? Why Hershey could be calling the market's next move.
It's make-or-break time for the first-quarter earnings season, and it comes just as the stock market is showing signs of strain.
Global miner BHP Billiton appointed the head of its non-ferrous business as its new chief executive on Wednesday to replace Marius Kloppers.
Three of Dell's largest investors joined Southeastern Asset Management on Friday in objecting to a $24.4 billion buyout of the No. 3 PC maker led by Chief Executive Michael Dell, sources said, as opposition grows to the largest buyout since the start of the financial crisis.
After four years of belt-tightening, American companies are good at squeezing more profit out of every dollar of sales - a skill that chief executives regard as critical in the face of an uncertain economy.
Even though it is widely viewed to be undervalued Apple shareholders could still be in for more rough times if technical strategists are right.