Apr 07, 2017 - Municipal bond funds are likely to remain attractive even if the Trump administration lowers the top tax rate bracket as per Goldman Sachs
Mar 30, 2017 - BlackRock Inc. (BLK) announced plans to restructure its traditional actively managed equities business and improve product offerings as per changing client needs. In this context, the company intends to launch the BlackRock Advantage "series of core alpha products", cut fees, slash jobs and change asset mix.
Mar 29, 2017 - BlackRock (BLK), the world's largest money manager with $5.1 trillion in total assets, is replacing their traditional stock pickers with computers.
Mar 01, 2017 - Fortress Investment Group LLC (FIG) reported fourth-quarter 2016 pre-tax distributable earnings of 27 cents per share, outpacing the Zacks Consensus Estimate of 24 cents.
Jan 25, 2017 - Dow futures shot up over 100 points, implying a market open above that long-coveted Dow 20,000 figure.
Aug 01, 2016 - Markets enjoyed a month of strong gains on the back of a modest increase in earnings numbers and impressive economic data.
Aug 01, 2016 - Affiliated Managers reported second-quarter 2016 economic earnings of $3.06 per share, which outpaced the Zacks Consensus Estimate of $3.01.
Jul 28, 2016 - Invesco (IVZ) reported second-quarter 2016 adjusted earnings of 56 cents per share, beating the Zacks Consensus Estimate by a penny.
Jul 27, 2016 - The performance of investment managers (part of the broader Finance sector) recorded over the last couple of years seems to have reversed with most of them missing estimates on lower revenues in second quarter reported till date.
Jul 27, 2016 - Ameriprise Financial Inc. (AMP) reported second-quarter 2016 operating earnings per share of $2.23, missing the Zacks Consensus Estimate of $2.27. The figure also represents a year-over-year decrease of 4.5%.