Western Asset Management settles SEC charges tied to former executive's alleged cherry-picking scheme, impacting $229bn fixed-income group. Western Asset Management, a Franklin Templeton subsidiary, will pay a $100m civil penalty to resolve SEC allegations linked to improp
South32 Ltd (LSE:S32, ASX:S32, OTC:SHTLF) is Citi's preferred mining stock as the bank becomes more bullish on copper and aluminium prices, while Glencore PLC (LSE:GLEN) is its favoured way to play the copper theme among the major diversified miners. The US bank has raised
Peloton Interactive Inc (NASDAQ:PTON) is among the best Robinhood stocks under $20 to buy now. Peloton shares are up more than 19% over the past month, and the Street sees more upside in the stock On May 27, Telsey Advisory Group reaffirmed its Market Perform rating
President Erdoğan announces merger of Ziraat Katılım, Vakıf Katılım, and Halk Katılım to bolster interest-free finance sector. Turkey will merge three state-owned participation banks—Ziraat Katılım, Vakıf Katılım, and Halk Katılım—under a single structure, President Recep
Intesa’s cash-and-share proposal aims to create the eurozone’s second-largest bank by market value, surpassing Banco BPM’s merger plan. Intesa Sanpaolo has proposed a €30.6bn ($35bn) cash-and-share offer for Monte dei Paschi di Siena, countering Banco BPM’s merger proposal
Analysts peg SpaceX's fair value at $780 billion, less than half its $1.75 trillion IPO target, amid high revenue multiples. SpaceX is eyeing a $1.75 trillion valuation for its upcoming IPO, nearly double Morningstar’s $780 billion fair value estimate. The company’s price-
The primary difference between State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF (NYSEMKT:SPTM) and Vanguard Total Stock Market ETF (NYSEMKT:VTI) is the depth of small-cap and micro-cap exposure. Both funds serve as highly efficient core building blocks for l
U.S. stock futures pointed higher Monday morning after the Nasdaq Composite suffered its worst single-day drop since April 2025, even as renewed fighting between Iran and Israel sent oil prices higher. Contracts on the Nasdaq 100 pointed to a 1.2% opening gain, with S&P 50
Quick Read - VNQ distributions are taxed as ordinary income, costing a 24% bracket investor $3,420 annually on a $500,000 position held in a taxable account. - Suze Orman recommends placing REITs inside Roth IRAs, where a $500K VNQ position avoids roughly $90,000 in cumulative...
Bybit challenges Wall Street with a massive push into tokenized U.S. stock IPOs Retail investors can now buy shares at official underwritten prices through the crypto exchange, bypassing Wall Street’s exclusive pre-IPO clubs. What to know: - Bybit has launched its IPO Expr
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