| Jun 3, 2014
| 12:26 PM
Hillshire Brands Co. shares hit a new high on Tuesday after Pilgrim's Pride Corp. raised its offer for the Chicago-based food company to $55 per share.
Investors are now waiting to see whether bidder Tyson Foods Inc. will come back with yet a higher...
| May 27, 2014
| 6:35 PM
Pacific Investment Management Co. is rehiring a former top executive in its latest bid to overcome the furor still lingering from the surprise resignation of its chief executive early this year.
The Newport Beach bond fund giant said Tuesday that Paul...
| May 21, 2014
| 4:55 PM
Neel Kashkari's career has taken him from engineering to investment banking to managing the federal government's $700-billion bailout of Wall Street, overseeing stock funds and running for governor — all by age 40.
What others might view as a...
| May 29, 2014
| 6:25 PM
The food fight over Hillshire Brands Co. is getting messier.
The Chicago company, maker of Ball Park franks and Jimmy Dean sausage, has received unsolicited takeover offers from two rival meat-processing heavyweights.
Tyson Foods Inc. on Thursday...
| Jun 20, 2014
As more employers offer customized portfolio advice, 401(k) owners may be asking, "Am I really all that different?"
Paralyzed by arguably too many choices (or not enough good choices), 401(k) owners increasingly say they want more than just a lineup of...
| Jun 19, 2014
| 3:04 PM
A federal judge has banned a Central Florida investment manager from the securities industry and fined him $660,000 for making false claims and using deceptive advertising about investment returns.
Max J. Zavanelli, a longtime brokerage entrepreneur and...
| Jun 23, 2014
| 11:56 AM
Fort Lauderdale-based Valley Bank opened Monday as part of Landmark Bank after regulators closed the troubled bank after office hours Friday.
Valley Bank, with branches in Hollywood and Davie and two in Fort Lauderdale, was the first South Florida...
| Jun 23, 2014
| 1:58 PM
It was just before Christmas that Gale Klappa, chairman and CEO of Wisconsin Energy Corp., asked Charlie Schrock, his counterpart at Chicago-based Integrys Energy Group Inc., out to dinner.
Sitting in a restaurant in Chicago, Klappa didn’t mince...
| Jun 20, 2014
| 2:59 PM
Irish pharmaceutical company Shire Plc said Friday it had rejected a $46.3 billion takeover offer from North Chicago-based AbbVie Inc., thwarting, at least for now, the company’s attempt to tap into the London-listed company’s low tax rate....
| Jun 25, 2014
If you are agonizing over where to invest your money, you aren't alone.
The pros are there with you — nervous about stocks and bonds as clear opportunities become fuzzy in both. As the best and brightest fund managers talked at Morningstar's...
| Jun 26, 2014
| 3:45 PM
A basic tenet of retirement planning instructs investors to tilt their sails to more conservative shores as their retirement beachhead nears.
One of the oldest personal finance rules of thumb held that one should subtract his or her age from 100, and...