Banco Popular de Puerto Rico

CEO John Ettelson's comments differ from those of executives at some major banks.

More than 130 fund management and financial advisory firms have written letters opposing the plan. And the complaints keep coming.

He allegedly told his employer that he had been diagnosed with cancer, and took medical leave from June until September. Wells Fargo notified him that he was being let go while he was away, according to the complaint.

The firm expects to receive bids this month, according to a person familiar with the matter.

Complicating socially conscious investing is the fact the SEC doesn’t regulate how the category’s labeling is applied.

“Financial advisors typically don’t speak athletes’ language, so athletes and entertainers gravitate toward those people who do,” said former Chicago Bears defensive end Adewale Ogunleye.

Loose monetary policy and huge stimulus injections have some investors questioning the validity of traditional long-term approaches.

Once a laggard, the index and its cyclical components have shot up 13% since Halloween, putting it on track for the best month since 1987.

Global equities notched their largest monthly gain since at least 1988, while multiple major benchmarks are at or near all-time highs.

While broadening stock-market gains may one day provide more fertile ground for picking equities, right now fundamental managers are struggling.