Investors seeking to avoid losses are better off spreading around their money than buying assets that are supposed to protect against the risk of highly unusual events, according to Richard Bernstein, chief executive officer of an investment firm bearing his name.
Whether the U.S. economy falls into a recession or expands more slowly matters little when it comes to stock-market strategy, according to Richard Bernstein, chief executive officer of Richard Bernstein Advisors LLC.
Medtronic Inc.’s Reveal XT, a tiny heart monitor that’s inserted under the skin on the chest, detects more potentially deadly erratic heart rhythms in stroke patients than standard approaches, a company-funded study found.
As Manhattan developers plan millions of square feet of office towers featuring the most modern amenities, some of their biggest potential tenants have decided they’re better off staying in their current homes.
JJB Sports Plc investor Richard Bernstein demanded a seat on the sporting-goods retailer’s board in exchange for supporting the sale of as much as 50 million pounds ($78.9 million) of new shares, the Sunday Times reported.
The Dow Jones Industrial Average dropped for a sixth straight day, the longest losing streak since August, as Greece’s political impasse intensified concern about a worsening of the European sovereign-debt crisis.