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Opening Bell: 9.29.16

California cuts off Wells Fargo; Ex-BlackRock manager charged with insider trading; Man bitten on penis by spider for the second time this year; and more.
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Former BlackRock Fund Manager Charged With Insider Trading

Business & Finance : DealBook

Mark Lyttleton oversaw the BlackRock UK Dynamic and BlackRock UK Absolute Alpha funds before he left the firm in March 2013.

The Supreme Court is likely to make it easier to prosecute insider trading

Business & Finance : Business Insider: Clusterstock

The Supreme Court sounds like it will make it easier to prosecute insider trading, in a highly-watched case that could affect hedge fund managers and other traders. U.S. Supreme Court justices hearing a indicated on Wednesday they c...

BlackRock Kelso Dividend at Risk, Says Wells Fargo

Business & Finance / Investing : Focus on Funds

Wells Fargo’s BDC analysts have a different take on BlackRock Kelso Capital’s (BKCC) Thursday earnings report than the market does. Chiefly: This period was a miss, and one that suggests potential for a dividend cut later this year....

Man Bitten On Penis By Spider For The Second Time This Year

News : Huffington Post

Once bitten, twice as painful. A builder in Australia has been bitten on his penis by a poisonous spider for the second time this year. The two-time loser, known only as “Jordan,” was bitten Tuesday while sitting on a port-a-potty a...

BlackRock ETF Fee Cuts Good News For Investors

Business & Finance / Investing : Focus on Funds

Firms are cutting fees on ETFs to try to compete with low cost competitors left and right this year.  On Tuesday, iShares provider BlackRock (BLK) announced it would cut fees on 15 of its ETFs, covering some $216 billion in assets. ...


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