FUND Stock Recent News

23 out of 23 CEF sectors positive on price and 23 out of 23 sectors positive on NAV this week. EDD and MSD reduce distributions by -7.7%. Look for rotation oppo

BlackRock Chief Executive Laurence Fink earned $25.25 million last year, a 5% boost for  an increasingly influential figure behind the U.S. government’s response to the coronavirus crisis.

Mutual-fund company Franklin Resources is taking steps to prepare for a potential debt restructuring or bankruptcy of indebted oil-and-gas driller Chesapeake Energy.

Under the initiative, called NB25+, Neuberger officials said they would preannounce their votes on controversial or noteworthy shareholder proposals involving 25 companies this proxy season.

With stock dividends under pressure as the coronavirus crisis forces suspensions and cuts at many companies, investors seeking income should be looking at other assets like bonds and preferred shares from quality companies.

Premier League stars launch fund to 'help' health service virus fight

Companies are moving to commit to constituents beyond shareholders. But the results will depend on leadership from both companies and government officials,...

Companies are moving to commit to constituents beyond shareholders. But the results will depend on leadership from both companies and government officials, Goldman’s Abby Cohen says.

Aneri Jambusaria, who led Fidelity’s planning office, reportedly becomes LPL Financial’s executive vice president of strategy.

There are still more hurdles Franklin Resources needs to overcome before its acquisition of Legg Mason is complete, but the Federal Trade Commission has granted its approval.