*MSCI says switch covers $24 million of annual operating income. Oct 2- Vanguard Group, the largest U.S. mutual fund manager, said on Tuesday it was switching 22 of its biggest index funds away from benchmarks provided by MSCI Inc in order to cut costs.
By Jilian Mincer and Steven C. Johnson. NEW YORK, Sept 30- U.S. stocks have more than doubled since the financial crisis and are closing in on a five-year high, but many Main Street investors have been absent from the party- especially those with the least saved.
Take a look at some of Monday's midday movers:
The Facebook fiasco: One party conspicuously quiet in all this is NYSE Euronext. What you have heard from it, officially, is: Zip. Zero. Nada.
Given the large amount of attention on the social networking giant's IPO, investors shouldn't expect to actually get shares or make money on them, USA Today reports.
Bullish sentiment among the most active clients of Charles Schwab is at its highest level since the bull market began, which may signal the less active crowd will soon follow.
There are a handful of small, actively managed mutual funds holding little more than a dozen or so stocks boasting returns above 22 percent this year. Their secret? Old-fashioned stock picking of lesser-known or undervalued companies.
Take a look at some of Wednesday morning's early movers:
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.
The Fed's decision to keep interest rates at historic lows through late 2014 signifies a game-changer for certain sectors.
Take a look at some of Friday morning's early movers:
Merry Christmas, markets. This might be the Santa rally you were hoping for, but it may be fleeting. Coordinated central bank action and strong U.S. data combined to spark a powerful rally that some analysts say might just be the start of a seasonal year-end rally. But they also warn the rally could quickly fade on fresh bad news from Europe, and it is not likely to stretch into the new year.
After years of taking that back seat regarding business strategy, it is time for a more enlightened and evolved professional state.
He’s said it before and on Thursday strategic investor Doug Kass said it again. Go long.
CNBC.com looked at the top ten colleges and discovered which CEOs spent time there as underclassmen. Check out what we found.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Here's why you should keep a close eye on these six stocks.
The move by Charles Schwab to offer 401(k) funds stuffed with ETFs is a challenge to the actively managed retirement funds such as those run by Fidelity Investments.
Stocks ended higher as investors took heart from strong economic news and shrugged off disappointing quarterly results ahead of a big week of earnings. Merck and DuPont led the Dow higher, while BofA fell.
Stocks lost a little steam in the final hour of trading as technology companies slid, although investors remained encouraged by several upbeat economic report. Merck and DuPont gained, while BofA fell.