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All parents aim to bestow their wisdom on their children -- but if your dad is an investment guru, you might want to listen extra carefully. In this Father's Day special report, DailyFinance asked the adult children of these icons about what they had learned about money and life from their dads.
Like a tree laden with ripe summer fruit, plump 401(k) accounts can appear as tempting sources for an easy loan, especially when other financial resources have dried up. And more people than ever have been plucking from that tree. It's not always the wrong move, but here's why it should be a last resort.
Investment management giant BlackRock has sliced its Microsoft stake by almost 10%, joining several other large investors who took a machete to their holdings of the software giant this year as its share price significantly underperformed the market, according to a Reuters report.
If your end-of-year portfolio rebalancing has you looking for some better mutual funds to reallocate assets into, Standard and Poor's Equity Research wants to help: It has released its first-ever list of Mutual Fund Excellence Award winners -- consistent performers across a range of categories.
Mutual fund powerhouse Vanguard reduced the cost of investing for 2 million of its clients on Wednesday by lowering the minimum investment requirements for its low-cost Admiral Shares.
What are the best brokerages for mobile investors? The industry advisory firm Corporate Insight surveyed the mobile trading features of 21 brokerages, looking at a variety of platforms and loads of other features. See what firms come out on top.
Here's news from the business world and other money matters to watch out for Monday (last updated at 8:00 a.m. Eastern time): More Americans Tapping Retirement Savings: Mutual-fund giant Fidelity Investments reports the number of Americans seeking to withdraw money from savings set aside for...
Fidelity Investments says 401(k) loan and hardship withdrawals are rising. But instead of offering costly, actively managed funds, Fidelity could take the lead in reforming a system that primarily benefits mutual fund families and plan advisers.
The number of workers making hardship withdrawals from their retirement accounts reached a record high in the second quarter as the sagging economy drains household wealth. High unemployment, fewer working hours and reduced amounts of overtime have hit the take-home pay of many workers, The...
Here's news from the business world and other money matters to watch out for Friday (last updated at 8:09 a.m. Eastern time): Economic Reports Affirm Slowing: Data released Thursday raised further questions about the robustness of the economic recovery, sending stocks lower on Wall Street. The...

Market Movers

SymbolLastChange / %Volume

Most Actives

BAC
Bank of America Corp
8.10-0.09
-1.04%
149.19M
ALU
Alcatel-Lucent (ADR)
2.20+0.26
+13.40%
94.27M
PBR
Petroleo Brasileiro S.A. (ADR)
29.60-2.39
-7.47%
23.82M
GE
General Electric Company
18.92-0.22
-1.12%
23.49M

% Gainers

CIE
Cobalt International Energy
32.67 +8.77
+36.69%
13.67M
LNKD
LinkedIn Corp.
88.72 +12.33
+16.14%
8.26M
ALU
Alcatel-Lucent (ADR)
2.20 +0.26
+13.40%
94.27M
WNS
WNS (Holdings) Limited (ADR)
10.56 +1.16
+12.34%
2.64M

% Losers

KV-B
K-V Pharmaceutical Co. Class B
2.16-0.47
-17.87%
3,679
KV-A
K V Pharmaceutical Co. Class A
2.17-0.44
-16.86%
1.06M
NBG-A
National Bank of Greece SA (ADR)
5.71-1.04
-15.41%
79,114
OC-B
Owens Corning (Warrant) 'B'
2.27-0.38
-14.34%
12,194
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