Five stats from the market and the stories behind them. This week: 17 months and no turnaround at J.C. Penney, a 14% drop-off for PCs, and more.
Morningstar's Elizabeth Collins discusses the index's selection process and highlights one of the recent additions.
While duration exposure remains troublesome, large-scale bank deleveraging in the last year has credit markets looking ripe for investment, says Driehaus' K.C. Nelson.
High hopes for Greece, Fed action, Microsoft's new tablet, and J.C. Penney's turnaround topped the letdown list this week.
Vulnerability is growing at a handful of banks.
Citigroup reports full-year 2013 earnings below our expectations, but our fair value estimate is intact.
A FINRA panel has ordered Citigroup and a former branch manager to pay a combined $11 million in remuneration.
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