Portfolio

The Dow Jones Industrial Average rallied up 135.10 points to close at 12,504.48, its first positive session in more than a week.

Legacy expert attorneys Danielle and Andy Mayoras say the saga surrounding the estate of one-time child TV star Gary Coleman provides yet another learning opportunity for advisors and their estate planning clients.

Jeffrey C. Boucek has joined Segal Rogerscasey’s Atlanta office as senior vice president, focusing on consulting, client relationship management and new business development.

iShares has filed paperwork with the Securities and Exchange Commission to launch the iShares Latin America Bond Fund, which is benchmarked to the Barclays Latin America Bond Index.

Morningstar, Inc. recently filed a comment letter with the Securities and Exchange Commission urging the regulator to require target-date series to provide more details on how the investments are managed and structured.

State Street Global Markets today said that its broker dealer omnibus trading capabilities have been added to its Fund Connect money market fund trading platform.

Morningstar has launched Annuity Intelligence, a web-based research and evaluation tool for advisors and broker-dealers charged with finding the best variable annuity products for their clients.

WASHINGTON, D.C. - Mary L. Schapiro did not 'break the buck' at the annual membership meeting of the Investment Company Institute.

Trading opened a half hour late Friday. Orders placed on its IPO Cross system did not get delivered to the market. For about two hours, Nasdaq could not issue quotes on Facebook shares. And, yet, it continued trading in Facebook shares, a possible violation of Regulation National Market System.

Over the past year, nearly 70 mutual funds have snapped up pre-IPO shares of Facebook on private markets ahead of its IPO today, CNNMoney reports.