The risk of corporate defaults is low, and compared with years past, companies are finding optimal capital structures, says BlackRock's James Keenan.
BlackRock, Capital Group, Fidelity, and Putnam are the latest firms to cut jobs.
Plus, employees buy Montag & Caldwell from BNP Paribas.
Plus, Ameriprise wins fee battle, Franklin Templeton prevails in market-timing case, and more.
Fidelity's bond shop is busy, plus more.
Plus, Janus loses pay suit, and more.