Total U.S. money market mutual fund assets rose by $7.32 billion to $2.58 trillion for the week that ended Wednesday, according to the Investment Company Institute. Assets in the nation's retail money market mutual funds fell by $5.60 billion to $907.28 billion, the Washington- based mutual fund trade group said Thursday.» Read More
MOSCOW— President Vladimir Putin on Thursday called the Internet a CIA project and made comments about Russia's biggest search engine Yandex, sending the company's shares plummeting.
*Tech results lift Nasdaq futures, Apple and Facebook rally. NEW YORK, April 24- U.S. stock index futures were higher on Thursday, with Nasdaq futures jumping more than 1 percent following a pair of blowout results from technology stalwarts Apple and Facebook.
*Tech results lift Nasdaq futures, Apple and Facebook rally. *Attention on Apple after announcing seven-for-one stock split. NEW YORK, April 24- U.S. stock index futures were higher on Thursday, with Nasdaq futures jumping more than 1 percent following a pair of blowout results from technology stalwarts Apple and Facebook.
LONDON, April 24- Top and bottom 10 performers among equity funds available for sale in the UK measured in local currency for three months to March 31 2014- Source: Lipper For a story, click on 1/ 8 IDn: L6N0NF3RG 3/ 8. Baring Russia A USD Acc -18.88 SEB Fund 2- SEB Russia -18.97. JPM Russia A Acc USD -21.28 Neptune Russia& Greater -21.46.
LONDON, April 24- Russia- themed equity funds have sunk to the bottom of performance league tables as international tensions over Ukraine and fear of tougher Western sanctions hurt the value of Russian assets.
MILAN, April 24- Italy's funding costs remained close to multi-year lows at a bond auction on Thursday, as speculation the European Central Bank may start an asset purchase programme supported demand for higher-yielding debt.
NEW YORK— Financial markets rarely stick to the script, and this year is no different. Investments traditionally considered safe bets such as utilities, gold and government bonds were supposed to flop in 2014 as investors started to pour money into higher-risk, higher-growth stocks that would benefit from a pickup in the economy.
*New Zealand dollar higher as central bank hikes rates. SYDNEY, April 24- Asian markets could get a lift on Thursday after tech heavyweights Apple and Facebook beat Wall Street expectations, sending their stock up sharply and boosting Nasdaq futures.
LONG BEACH, Calif., April 23- You've been on offense with your global stock portfolio for five years, running up the score in sectors like consumer discretionary and technology stocks that have outperformed the broad market. Jamie Doyle, co-manager of the Causeway Global Value Fund, is not ready to make a wholesale switch into defensive plays.
NEW YORK, April 23- Ever since they were badly burned in the 2008-2009 stock and bond debacle, investors have been pouring money into so-called "alternative" mutual funds, often at the behest of financial advisers who say those funds will protect them from the fire next time.
NEW YORK, April 23- The U.S. dollar weakened against the euro and yen on Wednesday, undermined by a decline in U.S. equity prices and Treasury yields and finding little support from a slower-than-expected expansion in the U.S. manufacturing sector.
NEW YORK, April 23- U.S. The Commerce Department said sales of new U.S. single-family homes dropped 14.5 percent to a seasonally adjusted annual rate of 384,000 units in March, declining for a second consecutive month.
NEW YORK, April 23- The Depository Trust& Clearing Corporation, which processes all U.S. stock and fixed income trades, said on Wednesday it supports shortening the settlement cycle for U.S. equities, corporate and municipal bonds, and unit investment trust trades.
TOKYO, April 23- Sumitomo Life Insurance, Japan's fourth-largest life insurer, plans to shift some funds out of long-term domestic bonds to foreign bonds in the year to March, as bond yields in Japan are too low, a senior company official said on Wednesday.
LONDON, April 23- European shares edged down on Wednesday after three days of gains as data showing China's economy was still stuttering offset some broadly reassuring European purchasing manager index numbers.
TOKYO, April 23- Sumitomo Life Insurance, Japan's fourth largest life insurance company, plans to shift some of its funds into foreign bonds from long-term domestic bonds, as bond yields in Japan are too low, a senior company official said on Wednesday.
April 22- The U.S. Food and Drug Administration on Tuesday proposed speeding up medical device approvals for patients who have no other treatment options through a new program focused on earlier and more frequent interactions between companies and FDA staff.
NEW YORK/ LONDON, April 22- Gold prices dropped to their lowest in more than two months on Tuesday, weighed down by gains on Wall Street stocks and as outflows from physical gold funds pointed to weak investment appetite. Gold losses accelerated after prices slipped below chart support at $1,280 an ounce, triggering heavy protective stop-loss orders.
NEW YORK, April 22- Options investors expecting a big move in Netflix shares after the video streaming service posted earnings didn't get what they wanted, and they're fleeing en masse on Tuesday.
April 22- The federal judge overseeing Detroit's historic bankruptcy case tapped a top restructuring official at Phoenix Management Services on Tuesday to help the court determine if the city's plan to adjust its $18 billion of debt is feasible.