Schorsch Accused of Manipulating ARCP’s Books
A complaint filed by former accounting chief alleges that Schorsch told executives to manipulate quarterly results in July.
Investment Myth-Buster: Small-Cap Stocks Don’t Bring Bigger Returns
Research Affiliates painstakingly debunks the cherished notion of a small-cap premium.
American Realty’s Schorsch Leaves Behind $100 Million in Pay
His departure from the nontraded REIT group is tied to accounting errors revealed in October.
Schorsch Resigns From American Realty Capital Post
Two other executives also are leaving the real estate venture, six weeks after accounting errors were announced.
Passive Mutual Funds’ Inflows Top $156B: Morningstar
Vanguard's passive products are leading the field in flows, according to the research group.
10 Big Economic Predictions for 2015: BofA Merrill Lynch
BofA Merrill Lynch Global Research released its annual year-ahead outlook, seeing strong fundamentals and robust growth in the U.S.
Some RCAP Sales Agreements Reinstated; Schwab, Fidelity Ease Ban
RCAP says that 70-plus selling agreements “have been reinstated to date.”
Schorsch Firms Settle Differences on Scuttled Cole Deal
RCS Capital settled with ARCP in a deal worth $60 million after backing out of a $700 million deal in October, the firms said.
10 Best States for High-Paying, High-Tech Jobs
A Milken Institute index ranks states’ ability to convert their science and technology resources into high-paying jobs.
Q3 Luxury Home Sales Increase as Buyer Profile Shifts
Redfin Research Center reported Wednesday that sales of homes for $1 million and up increased by 9% in the third quarter, while the total market declined by 1.2%.