Investment Service News

Thomas Faust Jr. says institutional investors are seeking lower-cost rules-based investment strategies and services, such as those offered by Parametric and Clifton.

Some people have spoken of a different Great Rotation not from bonds to equities, but from defensive to cyclical sectors within the equity market.

A Canada-U.S. trade war is apparently looming as Ottawa threatens "retaliatory measures" against the United States in a continuing dispute over meat labelling.

After dozens of meetings with executives and regulators, 100,000 hours of employee training and an immeasurable amount of public grief, Goldman Sachs Group Inc ( At Goldman's annual meeting on Thursday, Blankfein unveiled details of a three-year review and overhaul of the bank's practices in dealing with clients, following high-profile missteps ... (more)

Saks Inc. rallied for a third day Wednesday on reports that it may be window shopping for a new owner, with most analysts generally upbeat about a potential deal.

Two executives at Legg Mason Capital Management have left the company, the Baltimore Business Journal reports.

Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing services.

A group of investment firms including Citadel Securities LLC sued the Chicago Board Options Exchange Inc and four other exchanges on Wednesday for improper charges on millions of options trades over a seven-year period.

Home resales rose in April to the highest level in nearly 3-1/2 years and prices surged, offering the economy a buffer from the stiff headwinds posed by belt-tightening by Washington.

Participation rates and deferral rates among participants in 403 plans rose last year vs.

U.S. stocks rose, after the Standard & Poor's 500 Index slipped from a record high yesterday, as Home Depot rallied on earnings and investors weighed the possibility the central bank will scale back stimulus plans.

Dow component Hewlett-Packard Co. and Target Corp. are among the high-profile companies reporting quarterly results on Wednesday.

The Dow Jones industrial average and S&P 500 ended at all-time highs, while the dollar rose and gold fell.

's stock had its "buy" rating reaffirmed by research analysts at Jefferies Group in a report released on Wednesday, StocKRatingsNetwork.com reports.

Apple's ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs.

Reassuring comments from a Federal Reserve official and better earnings from two big retailers helped push the stock market higher Tuesday.

Rajat Gupta , former Goldman Sachs director and former senior partner at McKinsey & Co., exits Federal court with his lawyer Gary Naftalis after being sentenced to two years in prison on Oct.

A lawyer for a former board member at Goldman Sachs and Procter & Gamble Co., who was convicted on insider trading charges, has told an appeals court that his client deserves a new trial.

Sprint offered $3.40 a share, up 14 percent from a previous bid of $2.97 a share, the company said today in a statement.

Legg Mason plans to offer a new kind of fixed-income mutual fund designed to appeal to investors looking for the liquidity of money-market funds.