US markets hit historical highs: Are stock prices really at record levels?

The stock market flirted with historical highs this week, with the Dow Jones industrial average trading higher than 16,000 and the Standard & Poor's 500 exceeding 1,800 for a time.

Canada Pension Funds Eye Some BlackBerry Assets

Two of Canada’s largest pension funds have held preliminary discussions with Fairfax Financial Holdings Ltd. (FFH) about its bid for BlackBerry Ltd. (BB), yet are holding off from the effort because they only want pieces of the smartphone maker, two people familiar with the talks said.

Ward Ferry Asia Hedge Fund Returns 16% This Year, Beating Peers

WF Asia Fund Ltd., a $209 million Hong Kong hedge fund, beat peers this year by betting on stocks that benefit from rising consumer demand and wagering against companies with flawed business models or fraudulent management.