Multi-Sector Holdings

US stock futures point to a lower opening today as Alcoa’s unimpressive results have disappointed investors who were looking forward to a power-packed kick-off of the earnings season. Futures on S&P 500 lost 2.8 points to 1189.80, while those on Nasdaq 100 fell 5.75 points to 1986.70. Meanwhile...

Compass Diversified Holdings (NASDAQ: CODI) decreased 6.94% to $15.02 in the pre-market session. Compass Diversified Holdings announced that it has commenced a public offering of 6,400,000 trust shares, representing a primary offering of 5,100,000 trust shares by the Company and a secondary...

“Citigroup (NYSE: C) announced on Thursday that it would join the government’s program to modify second mortgages, following Bank of America (NYSE: BAC), Wells Fargo (NYSE: WFC), JP Morgan Chase & Co (NYSE: JPM) and others, as the housing market appears to be at the beginning of a second...

The rally in the Financial Select Sector SPDR Fund (XLF) on Wednesday means the exchange-traded fund has more than doubled in value from a year ago. The ETF set a new 52-week high of $15.97 a share on Wednesday. One year ago on March 17, 2009, the fund touched a session low of $7.87, according to...

There used to be lots of conglomerates. Back in the "go-go" days of the early 1960s, conglomerates as a species were the equivalent of tech stocks in the 1990s. Just about every investment guru had their favorites to recommend. All good things must come to and end, and almost all conglomerates fell...