Morningstar Inc. agreed to sell its board consulting services business to Broadridge Financial Solutions.
A Russell Investments survey released this month reveals money managers expect stocks to continue their strong run in 2011.
Seizing on an anticipated increase in demand for alternative investments, a Greenwich, Conn.-based firm has rolled out an investible hedge-fund-tracking index that offers liquidity and transparency.
Record levels of stock issuance by public companies over the past several weeks could come back to haunt the market and hurt investors, at least in the near term.
Although it is far from over, the worst financial crisis in generations is already reshaping the financial services industry.
The SEC unanimously approved putting five variations of potential uptick rules to limit short selling out for public comment for the next 60 days.
The knee-jerk reaction by regulators to restrict short selling in the midst of the stock markets September nose dive might have done more harm than good, according to academic studies conducted in December.