Investors who couldn't afford to buy Berkshire shares bought cheaper Wesco stock as proxy; now, the Oracle taking Wesco private
Analyst Brad Hintz says Morgan Stanley boss James Gorman won't try to reign in comp costs at MSSB anytime soon. Why? Because UBS' Bob McCann and BofA's Sallie Krawcheck are on the prowl for the brokerage's talent.
Both bulls in bears will be disappointed, billionaire investment manager predicts
The latest data on the most expensive private colleges in the U.S. offers up a a reminder of how dear higher education has become.
Leery of Treasurys? Agency debt and bank loan ETFs can make for good alternatives
Bond giant big on junk bonds from Indonesia; 'improving credit story'
Asset manager seeks approval to use own benchmarks for exchange-traded funds; separating itself from the pack
Fears about the economy and Uncle Sam's AAA rating have rocked the equity markets, wiping out all the gains generated in the 2011 large-cap rally. But Laszlo Birinyi and other top stock pickers aren't panicked. In fact, they believe the correction is nearing its end.
Debt woes in Europe -- along with the risk of a U.S. default -- has investors digging precious metals. Gold, silver and palladium futures surged in intraday-trading, with gold getting close to $1,600 an ounce.
GeoInvesting questioned claims made by mainland breeder -- and was proven right; 'we had no choice'
