29 Hot Mutual Funds to Replace Your Portfolio’s Losers

If your end-of-year portfolio rebalancing has you looking for some better mutual funds to reallocate assets into, Standard and Poor’s Equity Research wants to help: It has released its first-ever list of Mutual Fund Excellence …

Abbott Pulls Weight Loss Drug Meridia from the Market

Drug and medical-device maker Abbott Laboratories announced Friday that it will voluntarily withdraw its controversial obesity drug Meridia, (sibutramine) from the U.S. market at the request of the FDA, due to concerns it incr…