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William Donaldson, a founder of Wall Street investment bank Donaldson Lufkin & Jenrette who presided over a divided US Securities and Exchange Commission during its crackdown on corporate misdeeds from 2003 to 2005, has died. He was 93. ....
The Nasdaq eked out a fifth straight record closing high on Friday (Jun 14) following gains in Adobe and other technology-related shares, while the S&P 500 and Dow ended slightly lower. ....
Prospect Financial Services LLC purchased a new stake in SPDR S&P Biotech ETF (NYSEARCA:XBI – Free Report) during the 4th quarter, Holdings Channel.com reports. The fund purchased 2,471 shares of the exchange traded fund’s stock, valued at approximately $221,000. Other hedge funds have also recently bought and sold shares of the company. EPG Wealth Management […] ....