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On Thursday, Newcastle Investment NCT released its 2006 results and announced the appointment of Kenneth Riis as CEO. Riis, who has been president of Newcastle since its inception, replaced Wesley Edens, who remains as chairman. This is the first major change since Fortress Investment Group FIG, ...
High-yield bonds are expensive, but if you absolutely demand high income, here's a closed-end fund to consider.
Expect the unexpected when looking at narrow ETF portfolios.
Plus, Fidelity loses another CIO, and more.
We dig into the shop's first-quarter firmwide ownership information.