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Wall Street Expects Rally in Riskiest Stocks to Last 12 Months

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The Russell 2000, home to some of the riskiest stocks on the market, has been on a tear — and a spate of Wall Street strategists say the rally is just getting started.



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Funding & Business

Teck’s Founder Sought Merger With Anglo Before It Was Too Late

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Two years ago, when Glencore Plc proposed an unsolicited, $23 billion takeover of Teck Resources Ltd., the Canadian miner’s founder decisively rejected the idea. “Now is not the time,” Norman Keevil Jr. said back then.



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Funding & Business

Switzerland’s Central Bank Learns to Live With a Strong Franc

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The Swiss National Bank seems to have a new doctrine on how to handle the strength of the franc: pick your battles.



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Funding & Business

Cross-Border Bank Consolidation Benefits Cyprus, Patsalides Says

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Cross-border mergers among large European lenders can help strengthen the Cypriot financial system, according to the country’s central-bank chief.



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