They are also profitable: In the third quarter, BlackRock Inc, the biggest provider of the funds, made $850 million in fees from its iShares ETFs, 30 percent of the $2.8 billion in revenue it reported. Last week, Janus Capital Group announced the acquisition of exchange-traded fund provider VelocityShares and Reuters exclusively reported last week that Goldman...» Read More
NEW YORK/ BUENOS AIRES, Aug 8- The U.S. judge in Argentina's long-running debt battle with hedge funds threatened a contempt-of-court order on Friday if the nation did not stop issuing false statements about having made a required debt payment on restructured sovereign bonds.
NEW YORK, Aug 8- Investors once again are snapping up high-dividend-paying U.S. stocks as Treasury yields fall, which should keep utilities and telecom stocks near the top of the buying list for the near future.
Home ownership rates in will likely fall to levels last seen in the 1980s as millennials wait longer to form households, DoubleLine's Gundlach said.
Treasuries yields on Friday hit 14- month lows on anxious buying driven by American airstrikes against Islamist militants in Iraq before U.S. debt prices eased on news that Russia was winding up military exercises near the Ukraine border.
District Judge Thomas Griesa could suspend his ruling that orders Argentina to pay in full New York hedge funds before it resumes payments on a separate stock of bonds on which Buenos Aires is now considered by financial markets to be in default.
*Shares cut losses, Bunds pare gains as Iraq concerns settle. President Barack Obama' s decision to authorize air strikes in Iraq, but most equity markets rebounded from overnight lows.
NEW YORK, Aug 8- U.S. stocks rose on Friday, with high dividend-paying utility stocks leading gains and benchmark Treasury yields at a 14- month low, even as U.S. air strikes in Iraq added to a string of geopolitical uncertainties.
NEW YORK, Aug 8- U.S. stocks rose on Friday, with high dividend-paying utility stocks leading gains and benchmark Treasury yields at a 14- month low, as the United States bombed Islamic State positions in Iraq. Stock index futures had slumped overnight after President Barack Obama authorized relief supplies and air strikes on Iraq.
In a further twist in the long-running sovereign debt dispute that has pushed Argentina once again into default, these so-called "other" holdouts said in a court filing late Thursday that the $539 million deposit that Argentina made to its indentured trustee, BNY Mellon, should go toward satisfying their U.S. court-awarded claims.
NEW YORK, Aug 8- Investors worldwide pulled a record $11.4 billion out of high-yield junk bond funds and bailed out of stock funds at the most frantic pace in six months in the week ended Aug. 6, data from a Bank of America Merrill Lynch Global Research report showed on Friday.
LONDON, Aug 8- Prices of dollar bonds issued by Ukrainian companies and banks have fallen on fears the country's difficult economic and political situation is making it hard for them to repay short-term debt. The following are some of the Ukrainian corporate bonds that will mature in coming years:.
Treasuries climbed again on Friday, leaving benchmark yields at 14- month lows, amid a sell-off in global equities markets after President Barack Obama ordered targeted air strikes in Iraq.
NEW YORK, Aug 8- Holdout creditors are considering an offer from international banks of 80 cents on the dollar for at least part of their holdings of about US $1.66 bn of Argentina debt, but the road to any deal will be fraught with difficulty.
NEW YORK, Aug 8- U.S. stocks were set to rise Friday, with futures reversing earlier losses, as optimism over the Ukraine crisis offset concerns over the implications of U.S. air strikes on Iraq. Market participants said a rebound in U.S. stock index futures Friday was kindled by a report which said Russia was aiming to de-escalate the conflict in Ukraine.
NEW YORK, Aug 8- U.S. stock index futures edged up on Friday, reversing sharp losses earlier that came on the back of a U.S. government authorization of air strikes in Iraq, which added to concerns about escalating conflicts in Ukraine and the Gaza Strip.
President Barack Obama authorized targeted air strikes in Iraq, stoking fears of another drawn-out conflict in the region. Fighting also resumed in Gaza between Palestinian militants and Israel while NATO's calls for Russia to "step back from the brink" of war in Ukraine were still ringing in ears of volatile markets.
President Barack Obama authorised targeted air strikes in Iraq, raising worries of another drawn-out conflict in the region. It came as fighting also resumed in Gaza between Palestinian militants and Israel and with NATO's calls for Russia to "step back from the brink" of war in Ukraine still ringing in ears of volatile markets.
The creditors are considering an offer from Citigroup, JP Morgan, HSBC and Deutsche Bank of 80 cents on the dollar for their roughly $1.66 billion of Argentine debt, Thomson Reuters IFR reported on Wednesday.
Ten-year notes, whose yields topped 2.50 percent on Tuesday, were up 17/ 32 in price at the New York close to yield 2.417 percent, the lowest payout since June 20, 2013, according to Reuters data. A big increase in Treasury prices, which pushed five-year yields to a four-week low, came after a report that a Ukrainian Mig-29 fighter was downed by rebel forces in Ukraine.
*Ukraine crisis threatens euro zone economy, Draghi says. A big jump in Treasury prices, which also took 5- year yields to a four-week low, came after a report that a Ukrainian Mig-29 fighter was downed by rebel forces in Ukraine.