News Feed

In a partnership with the micro-blogging platform Twitter, Dataminr said it has developed and is launching “an early warning system” for traders, based on tweets.

It’s almost a done deal.

Chicken Little was wrong about municipal bonds and the funds that invest in them.

The Dow Jones Industrial Average fell another 130.55 points Monday to close at 12,929.59 while the Nasdaq and S&P 500 lost 33.42 points and 15.88 points, respectively.

New York-based Fred Alger Management, Inc. today launched a new interactive timeline, dubbed "Three Leaders, One Vision," on the firm’s website detailing the history of the firm’s leadership.

New York Life Investments today said it achieved company records in both gross and net sales in 2011.

Financial advisors are increasingly turning towards alternative investments and tactical asset allocations in response to market turbulence, according to a survey released by Curian Capital.

Northern Trust Vice Chairman Sherry Barrat will retire at the end of June after leading the company’s financial services business for five years.

Asset manager and fund administrator North Trust Corp. announced a number of leadership changes, including the hiring of David Fox Jr. as head of Northern’s Corporate & Institutional Services (C&IS), for the Americas. Also, Northern Trust Vice Chairman and Management Group member Sherry Barrat will retire at the end of June.

Morgan Stanley Smith Barney has snagged three financial advisor teams working with more than $1.36 billion in client assets from rivals, UBS Financial Services and Deutsche Bank Securities.