Fidelity's VIP Contrafund Portfolio will be managed by a multi-manager group of seven managers.
Sales of new one-family homes rose 4.8% to a seasonally adjusted annual rate of 770,000 from a revised 735,000 in August.
MBIA, the world’s largest bond insurer, reported third-quarter earnings with a net loss of $36.6 million, or 29 cents per share.
Barclays has launched eight exchange-traded notes to track commodities on NYSE Arca today.
The worse-than-expected third-quarter losses raise questions as to the fate of chief executive Stanley O’Neal.
The board of New York Life Insurance has elected Frank Boccio to the position of executive vice president and CAO.
The Claymore/Zacks Dividend Rotation ETF will follow the Zacks Dividend Rotation Index from Zacks Investment Research Inc.
Legislation mandating complete transparency in 401(k) fees is set to be introduced in the Senate this week.
The Risk Group will be responsible for identifying, tracking and addressing key external market and industry trading developments.
Investors pumped $45.2 billion into the hedge fund industry during the third quarter, according to data from Hedge Fund Research.
