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  • GS
    Investopedia1 hour ago

    Stocks' Long Upward March: Is a Correction Due?

    History shows similar advances have led to 15% median returns in the next 12 months

  • AIG
    Reuters3 hours ago

    Icahn representative to several corporate boards has left firm, eyes starting own fund

    Samuel Merksamer, who represents billionaire Carl Icahn on several corporate boards, has exited the activist investor's firm and a source familiar with his plans said that he is exploring launching his own hedge fund. At the same time Vincent Intrieri, another long-time Icahn executive who also sits on boards on behalf of the activist investor, retired from the firm, the source said. Merksamer had since 2008 been a managing director at Icahn Capital, a unit of Icahn Enterprises LP, and served on the boards of more than a dozen companies on his behalf, according to biographies on corporate websites.

  • MS
    Reuters7 hours ago

    Morgan Stanley gave some clients incorrect tax information

    Morgan Stanley gave some wealth management clients incorrect information on taxes that caused some to underpay and others to overpay, according to a regulatory filing on Monday. The bank is setting aside ...