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October 18, 2012 |

BlackRock profit rises 7.9 percent as assets rise on ETFs

BlackRock reported third-quarter earnings that beat analysts' estimates as exchange-traded funds drew client deposits and assets rose. Net income climbed 7.9 percent to $642 million, or $3.65 a share, from $595 million, or $3.23, a year earlier.
4 minute read
June 24, 2008 |

Two sides to story define Street in Bear bankers' tale

The arrests of former Bear Stearns Cos. hedge fund managers Ralph Cioffi and Matthew Tannin last week show how Wall Street bankers may look out for themselves while hiding bad news from customers. Cioffi, 52, and Tannin, 46, were charged by federal prosecutors with misleading investors about two hedge funds whose collapse last year helped ignite the subprime-mortgage crisis.
4 minute read
March 26, 2013 |

U.S. stocks rise with commodities as economic data fuel optimism

U.S. stocks rose with commodities after reports showed American durable-goods orders and home prices increased more than forecast, bolstering optimism in the world's largest economy. Treasuries erased earlier losses while Italian and Spanish bonds pared gains.
5 minute read
November 10, 1999 |

SEC Readies Report Suggesting Suitability Of Online Trading

Securities and Exchange Commissioner Laura Unger is putting the finishing touches on her much-anticipated online brokerage report, and it may see the light of day within two weeks. Unger's report will include sections on suitability, industry trends, chat rooms and bulletin boards, best execution, market data, systems capacity, investor education, portals, privacy and recommendations for SEC action on each of these topics. Unger hinted that possible rulemaking may be included among her recommendations.
6 minute read
January 09, 2004 |

A New DA

Before she even took office Thursday, District Attorney Kamala Harris started pushing for a dedicated court to deal with murder cases. Harris told a standing-room-only crowd at her inauguration ceremony at San Francisco's Herbst Theatre that she aims to complete an audit of the city's homicide cases within two months. A host of legal and political figures from the city and state were on hand to watch California Supreme Court Chief Justice Ronald George give Harris her oath of office.
4 minute read
January 10, 2013 |

SEC's Top Cop Stepping Down After Overhauling Enforcement Division

Securities and Exchange Commission Enforcement Division head Robert Khuzami is leaving the agency after a nearly four-year tenure that included a massive restructuring and record number of new cases
3 minute read

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