The asset management and investor services subsector is growing at a faster rate than the rest of the financial industry.
The all-share offer includes about $777 million of assumed debt and comes four months after Calgary-based Legacy put itself on the block.
Stocks snap back from Tuesday's selloff, seemingly undeterred by a higher dollar, lower oil and mixed earnings.
The deal is expected to close in the fourth quarter of this year.
It's time to grab the guns, the booze and the cigarettes: Even though such things might be called vices, apparently stocks in their purveyors are very good for your portfolio.
Investors should choose the least overvalued asset to hold, and the most overvalued asset to sell," Janus Capital's Bill Gross said in a blog post.
JetBlue Airways (JBLU) shares are rising as oil prices fall and analysts at Credit Suisse link the industry's performance to the oil sector.
The U.S. Air Force announced Tuesday that it has certified Space Exploration Technologies' Falcon 9 rocket to be used for national security space missions.
Delta and Spirit announced new flights on Tuesday, which probably wasn't the best timing since capacity increases and efforts to match Spirit fares already were spooking investors.
CAE shares were down today after the company reported fourth quarter earnings that were short of analysts estimates by 1 cent per share.
At least one analyst is becoming more bullish on defense stocks, but that doesn't mean investors should buy into any aerospace and defense sector stocks.
Foreign lenders are bankrolling New York's lucrative luxury real estate bonanza as U.S. banks are left outside looking in.
Catch up on Jim Cramer's ideas this past week on how the recovery really will begin (hint: think household formation) and his take on the health care consolidation trend.
In highlights from this week's trading diary, Kass sees car-rental stocks as 'value traps,' ventures into Yahoo! shares (again) and makes sense of housing starts and sales and manufacturing activity.
Publicly traded REITs have been flat this year, but don't let that fool you: "Commercial real estate is extremely strong right now," says Inland Investment CEO Mitchell Sabshon.
W.P. Carey (WPC) shares are falling despite the company beating analysts' earnings and revenue expectations.
Cramer is excited about Union Pacific's prospects and sees Hormel balanced between natural foods and Spam.
Cramer is taking a pass on Petrobras and is still on the fence about Gogo.
We should just call Wednesday's trading one big 'hair of the dog' rally.
Don't buy into the panic, only buy stocks you understand and are willing to hold onto for the long term, Cramer says.
TheStreet's Jim Cramer says cellphone semiconductors is where the action is, and Avago Technologies is one of the leaders. The company reports earnings Thursday.
Despite the advent of automatic enrollment in 401(k) plans, Gen X-ers and Baby Boomers are still not saving enough money for retirement.
These are the financial services stocks worth turning an investing eye to for June, despite the month's historical underperformance in the markets.
June has historically been one of the weakest months for equities, which means stock selection -- both buying and selling -- will be critical over the short term.
The telecommunications carrier edges forward, despite a call from a market technician for profit taking. Frontier Communications soars on an upgrade.
Chip maker Broadcom soared by double digits on chatter that Avago Technology is close to buying the company. Intel climbs on chip consolidation talk.
Charter will need show that a combination with Time Warner Cable will result in better Internet service, an editor from The Deal argues.
Kleiner Perkins partner and Internet specialist Mary Meeker says China still showing Internet growth as worldwide usage exhibits signs of slowing down.
Netflix's stock has soared this year even as the company faces a growing array of rivals in the subscription video space, including Amazon, Hulu and Time Warner's HBO Now.
In a major concession to EU regulators, Amazon has agreed to start paying local taxes in European jurisdictions. Could the European operations of other U.S. tech giants be next?
On Friday, Ireland will hold the world's first constitutional referendum on legalizing same-sex marriage. Whatever the result, it will speak to some deeper questions about views in the island nation.
Consider this tax-efficient alternative to a long-recommended retirement withdrawal strategy.
Uncle Sam generally wants a quarter of your lottery, casino, sweepstakes or even keno winnings over a certain amount. But there are ways to reduce the hurt.
Thursday's contentious general elections in the U.K. remain too close to call, but in the end, both of the U.K.'s leading parties have something to lose.
When it comes to careers, it's not always a man's world -- in some fields, it's quite the opposite. A look at the 11 best jobs for women in 2015.
'The good economic data does suggest that the Fed may hike rates sooner rather than later,' said David Lebovitz, global markets strategist at J.P. Morgan Funds.
Spending more money on research and development and other growth initiatives isn't necessarily better than buybacks and dividends.
While Workday delivered better first-quarter results than analysts anticipated, the cloud-computing player still reported a loss and its shares fell. Investors should watch the stock in Wednesday's trading session.
The Federal Reserve is on track to raise interest rates later this year. Chair Janet Yellen has good reasons to push ahead, but she may not get very far.