The SEC subpoenaed several former in-house brokers as part of an investigation of Citigroup (C) debt funds.
The funds in question borrowed heavily and invested in mortgage bonds and municipal bonds, The Wall Street Journal said without naming its sou…
Stocks don’t move in a straight line, and a relatively light week of earnings reports and economic data should give the market a much-needed break after the major indexes have run up to two-year highs. But long-term, the direct…
The first of the major retailers will report quarterly earnings this week. Analysts expect to see strong results from Macy’s and Penney, but flat earnings from Kohl’s. Agilent may be one of this week’s biggest earnings gainers….
Stocks closed slightly higher Friday despite the best jobs report in months, as a six-session rally that has taken the market to a two-year high was due for a breather. The Dow finished up nine points, while the S&P was up five…
The May 6 “flash crash” is still somewhat of an enigma, but an advisory panel meeting on Friday to review a report into it could at least help regulators establish some new market rules to prevent similar crashes from occurring…