Buyers of junk bonds are retreating to the market's more obscure securities as the rise of exchange- traded funds fuels concern that such fast-moving cash is exacerbating price swings.
In stunning turnaround, the noted real estate investor gets $1.07 million for his shares in disputed REIT, ending a <a href="//www.investmentnews.com/article/20131029/FREE/131029892"" target=""_blank"" rel="noopener noreferrer">proxy fight</a>. But the story's not over. <i>(See also: <a href="//www.investmentnews.com/article/20130120/REG/301209971"" target=""_blank"" rel="noopener noreferrer">Tony Thompson's hard times</a>)</i>
Noted real estate investor Tony Thompson, enmeshed in a proxy fight for control over a nontraded real estate investment trust he launched in 2009 but was ousted from in August, is fighting back.
Finra claims that the noted real estate investor Tony Thompson defrauded investors in a $50 million note program.
Berthel Fisher, not long after settling most of their claims over DBSI, gets hit with a lawsuit over a failed private placement notes deal by a noted real estate investor. Bruce Kelly has the details.
Revisions are a sign of pressure to come on the financial reform package.
Deal part of custodian's integration initiative with tech product providers.
Plus: Janet Yellen's dovish optimism, Ernst & Young's $4 million lobbying settlement, how Citigroup agreed on that $7 billion figure, and QE has had almost no impact on unemployment
Skeptics raise their voices as the central bank continues to exit quantitative easing while denying rising prices.
<i>Breakfast with Benjamin:</i> Barclays tagged for HFT. Plus: A looming 401(k) crisis, the marriage math for gay couples, the fuzzy math of inflation data, tapping into the fracking boom, and Russian stocks are not for the meek.
“Bond King” says the firm's flagship fund is starting to do better.
On the menu for today's <i>Breakfast with Benjamin</i>, European economic growth falls short of economists' expectations, plus news on Citigroup, ETFs and much more.
