More Stock Market News

• Morgan Stanley fixed-income head deRegt retires
  (Reuters) - Morgan Stanley's head of fixed income, Ken deRegt, is retiring from the firm, according to internal bank memos obtained by Reuters, after the company sustained a more than 40 percent... […]
• IRS officials thwart lawmakers' quest for answers on IRS scandal
  WASHINGTON (Reuters) - Three congressional hearings during the past week have allowed lawmakers to vent their anger at the U.S. tax agency for its targeting of conservative groups for extra scrutiny,... […]
• PIMCO's Gross says Fed likely to ease stimulus in September: CNBC
  NEW YORK (Reuters) - Bill Gross, co-chief investment officer of bond giant PIMCO, said on Wednesday the U.S. Federal Reserve will likely begin tapering its monetary stimulus in September and that... […]
• U.S.-based municipal bond funds gained $602 million in latest week - ICI
  NEW YORK (Reuters) - Investors in mutual funds based in the United States committed $602 million to municipal bond funds in the latest week, the most since mid-February, according to data released by... […]
• Japan rates may torpedo recovery
  (Reuters) - Spiking interest rates in Japan threaten to undermine, and possibly end, the recovery being engendered by Abenomics. […]
• Column: Why pension funds are eating your 401(k)'s lunch
  WASHINGTON (Reuters) - Pension funds - those old guaranteed-benefit retirement plans your grandma might have told you about - outperform those in 401(k) plans year after year, according to new... […]
• T. Rowe's new lineup of target-date funds lighten up on stocks
  BOSTON (Reuters) - U.S. money manager T. Rowe Price Group Inc on Wednesday said it plans to launch 11 new target-date funds that will put less emphasis on stocks before retirement and more on bonds. […]
• Women edge out men in handling credit: Experian
  (Reuters) - When it comes to managing credit, American women have a slight edge over men, according to a study of credit reports by the credit report agency Experian Plc. […]
• Prosecutors consider using racketeering law against SAC: source
  NEW YORK (Reuters) - Prosecutors are considering charging Steven A. Cohen's SAC Capital Advisors as a criminal enterprise engaged in a long pattern of insider trading in stocks, according to a person... […]
• Prosecutors consider using racketeering law against SAC: source
  NEW YORK (Reuters) - Prosecutors are considering charging Steven A. Cohen's SAC Capital Advisors as a criminal enterprise engaged in a long pattern of insider trading in stocks, according to a person... […]