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  • Baltic index extends decline with another record low Tuesday, 9 Feb 2016 | 9:08 AM ET

    Feb 9- The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, continued its nosedive on Tuesday to touch another record low as slowing activity, especially from China, took its toll. "China's slowdown has had a dramatically negative impact on dry bulk, leading freight rates, asset values and forward expectations to...

  • NEW YORK, Feb 8- Pernix Therapeutics Holdings Inc, a U.S. specialty pharmaceutical company, is exploring strategic alternatives, including a potential sale, people familiar with the matter said on Monday. The Morristown, New Jersey- based drugmaker is working with investment bank Perella Weinberg Partners LP, the people said. Pernix shares jumped as much as 17...

  • NEW YORK, Feb 8- Investment bank Houlihan Lokey said on Monday that Gregg Feinstein, its U.S. head of mergers and acquisitions, had died. M&A business will be overseen by global head Steven Tishman in the interim, according to a person familiar with the matter. Feinstein worked on the recapitalizations of Trump Hotels& Casino Resorts and luggage maker Samsonite...

  • MILAN/ LONDON, Feb 8- European shares closed at their lowest level in more than two years on Monday with investor concerns over the health of the region's banks compounding worries over slowing global growth. The pan-European FTSEurofirst 300 index closed down 3.4 percent at 1,239.68 points, its lowest since October 2013. Shares in Deutsche Bank fell 9.5...

  • MILAN/ LONDON, Feb 8- European shares touched a 16- month low on Monday with investors rattled over a slowdown in global economic growth and newly concerned about the region's banking sector. The pan-European FTSEurofirst 300 index was down 3.1 percent at 1,243.21 points by 1521 GMT, its lowest level since October 2014. Shares in Deutsche Bank fell 6.5 percent,...

  • *FTSEurofirst 300 index falls 2.5 percent. LONDON, Feb 8- European equities fell to a 16- month low on Monday, extending the previous week's hefty losses, with cyclical sectors such as banking and automobiles bearing the brunt of a broader sell-off. The FTSEurofirst 300 index of top European shares fell 2.5 percent to 1,250 points by 1252 GMT, its lowest intraday...

  • LONDON, Feb 8- European equities hit a 16- month low on Monday, extending the previous week's hefty losses, with cyclical sectors such as banking and automobiles bearing the brunt of a broader sell-off. The FTSEurofirst 300 index of top European shares fell 2.1 percent to 1,256.30 points by 1004 GMT, after falling down to 1,252.24 points, its lowest level since...

  • Health savings accounts keep nest eggs in shape Friday, 5 Feb 2016 | 1:52 PM ET
    Healthcare FSA

    Health savings accounts can be a smart choice for stealth retirement savings. How to decide if they’re a smart fit for a portfolio.

  • Are you a breadwinner mom? Here's how to cope Friday, 5 Feb 2016 | 7:53 AM ET
    Businesswoman in office

    Women are increasingly both the family breadwinner and primary caregiver. Advisors offer tips on handling the financial challenges.

  • *ING up on solid results, reassuring message on oil risk. MILAN, Feb 4- European shares fell on Thursday as weak U.S. data fed concerns that the world's biggest economy may be slowing down, with export-oriented auto stocks leading the decline and Credit Suisse tumbling after reporting a full-year loss. "The dollar is weakening because the market is starting to worry...

  • *ING up on solid results, reassuring message on oil risk. MILAN, Feb 4- European shares fell on Thursday as weak U.S. data fed concerns that the world's biggest economy may be slowing down, with export-oriented auto stocks leading the decline and Credit Suisse tumbling after reporting a full-year loss. "The dollar is weakening because the market is starting to worry...

  • Baltic index slips below 300 points to record new low Thursday, 4 Feb 2016 | 10:18 AM ET

    Feb 4- The Baltic Exchange's main sea freight index, which tracks rates for ships carrying industrial commodities, slipped below 300 points on Thursday, to an all-time low. And that creates very tough conditions for shipping, "said Frode Morkedal, Managing director at ship brokerage firm Clarksons Platou Securities. Average daily earnings for capesize vessels,...

  • *Books Q4 impairment charge of 3.8 bln Swiss francs. ZURICH, Feb 4- Credit Suisse reported its first full-year loss since 2008 after booking a big impairment charge at its investment banking business, sending its share price tumbling and piling pressure on new Chief Executive Tidjane Thiam. The shares fell more than 13 percent on Thursday to hit their lowest...

  • European shares get energy boost, Credit Suisse slumps Thursday, 4 Feb 2016 | 3:17 AM ET

    LONDON, Feb 4- European equities bounced back in early trading on Thursday, with commodities-related shares surging after a sharp decline in the U.S. currency that made dollar-priced crude oil and metals cheaper for holders of other currencies. The dollar fell heavily after New York Fed President William Dudley said financial conditions were considerably...

  • ZURICH, Feb 4- Credit Suisse reported its first full-year loss since 2008 as it booked a big impairment charge for its investment banking business under new Chief Executive Tidjane Thiam. Switzerland's second-biggest bank posted a 2015 net loss of 2.94 billion Swiss francs, worse than the median estimate of a 2.12 billion loss in a Reuters poll.

  • Feb 3- Goldman Sachs Group Inc has named Jim Esposito as the new chief strategy officer for its securities division. He has also served as head of its Europe, Middle East and Africa financing group and as chief operating officer of investment banking. "Our industry is undergoing extraordinary change, driven by technology and regulation," the memo said, which was...

  • RCS Capital listed total assets of $2 billion and debts of $1 billion in its Chapter 11 filing in Delaware, court documents showed on Monday. Under the restructuring plan, lenders will inject $150 million into broker-dealer Cetera and ties to Schorsch will be cut by eliminating common shares and some $500 million in preferred stock, court documents showed.

  • NEW YORK/ BUENOS AIRES, Feb 1- Argentina's government returned to debt talks in New York on Monday, expecting to make an offer this week to U.S. creditors suing over unpaid bonds hoping to resolve a decade-long stand-off that has locked the country out of global capital markets. Newly elected President Mauricio Macri told Reuters at the World Economic Forum in...

  • NEW YORK/ BUENOS AIRES, Feb 1- Argentina's government returned to debt talks in New York on Monday, expecting to make an offer this week to U.S. creditors suing over unpaid bonds in a bid to resolve a decade-long stand-off that has locked the country out of global capital markets. Newly elected President Mauricio Macri told Reuters at the World Economic Forum in...

  • Tech spending, asset growth top RIA trends Monday, 1 Feb 2016 | 9:00 AM ET
    Financial advisor

    TD Ameritrade found financial advisors' business grew last year in revenue and assets and they expect more of the same in 2016.