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The latest news and developments that advisors need to create meaningful tax planning strategies for clients.
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High-yield sales head for slowest month since December 2008.
Slowing U.S. economy may undermine bank earnings, bonuses.
Spread hits widest point since December 2009 on slower growth, Euro debt.
Proceeds will be used to repay $3.25 bln of debt maturing this year.
Telecom raises funds to help pay $3.25 bln of debt that matures this year.
Passive funds aim to please fee-conscious 401 (k) plan sponsors. (Chip Castille of BlackRock)