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Fidelity Investments received permission from U.S. regulators to open its own actively managed exchange-traded funds.
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While Fidelity's assets under management rose 10 percent to $1.67 trillion, Vanguard's assets surged to $2 trillion, a 20 percent increase over 2011. Assets under management at BlackRock Inc, the world's largest money manager, rose 8 percent to nearly $3.8 trillion in 2012..
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Budget talks in Washington are expected to dominate trading in the coming weeks and may bring a bid back to the bonds. The Thomson Reuters/ University of Michigan's consumer sentiment index rose to 76.3 from 73.8 in January, topping economists' forecasts of 74.8. "
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PARIS, Feb 15- Airbus will drop Lithium-Ion batteries and switch to traditional nickel-cadmium batteries for its new A350 passenger jet following battery problems on Boeing's 787 Dreamliner, the European planemaker said on Friday.
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BOSTON, Feb 14- Some of the biggest hedge funds that helped make Apple Inc a stock market darling lost faith and dumped their stakes in the fourth quarter, fueling the massive drop in the iPhone maker's share price.
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BOSTON, Feb 14- Some of the biggest hedge funds that helped make Apple Inc a stock market darling lost faith and dumped their stakes in the fourth quarter, fueling the massive drop in the iPhone maker's share price.
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BOSTON, Feb 14- Some of the biggest hedge funds that helped make Apple Inc a stock market darling lost faith and dumped their stakes in the fourth quarter, fueling the massive drop in the iPhone maker's share price.
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WARSAW, Feb 14- Poland's ailing airline LOT said it does not plan to fly its new 787 Dreamliners until late October, missing the vital summer season, and expects Boeing to treat it as a special client in tackling the jet's problems.
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Hahn worked in Boston for Deutsche Bank's private wealth management division, a unit of Deutsche Bank AG, from 2008 to 2009. FINRA permanently barred him from the securities industry last year after a series of customer and regulatory complaints, according to a public disclosure report.
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Hahn worked in Boston for Deutsche Bank's private wealth management division, a unit of Deutsche Bank AG, from 2008 to 2009. FINRA permanently barred him from the securities industry last year after a series of customer and regulatory complaints, according to a public disclosure report.
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BOSTON, Feb 13- Adobe Systems Inc is investigating a report by a cybersecurity firm that hackers exploited previously unknown bugs in its Reader and Acrobat software to launch sophisticated attacks on personal computers.
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NEW YORK, Feb 13- The yen ended a volatile trading session little changed on Wednesday as concerns about currency wars and the fallout from mixed messages from the G7 put added focus on a G20 meeting in Moscow later in the week.
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Comments from Russia's deputy finance minister, Sergei Storchak, that the Japanese currency had definitely been over-valued and "there are no signs" Japanese authorities were intervening weighed on the yen.
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*Yields rise after $24 billion 10- year note sale. NEW YORK, Feb 13- Prices of U.S. "We had an average, arguably a bit of a soft reception to the 10- year auction," said Ian Lyngen, senior government bond strategist at CRT Capital LLC in Stamford, Connecticut. "
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BOSTON, Feb 13- Newly-named Legg Mason Inc chief executive Joseph Sullivan on Wednesday vowed to staunch the outflow of investor money from its funds and to renew relations with its investment units- two critical steps to rebuilding the Baltimore- based asset manager.
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*Yields rise after $24 billion 10- year note sale. NEW YORK, Feb 13- Prices for U.S. We had an average, arguably a bit of a soft reception to the 10- year auction, "said Ian Lyngen, senior government bond strategist at CRT Capital LLC in Stamford, Connecticut."
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NEW YORK, Feb 13- The yen traded flat to slightly lower against the dollar on Wednesday, a day after sharply rising, as investors grew cautious ahead of a meeting of finance ministers and central bankers later this week where exchange rates are expected to be a hot topic.
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LONDON, Feb 13- US Airways' expected move to the oneworld alliance as part of its proposed merger with American Airlines would be part of a comeback by oneworld, which has lost members and fallen behind rivals Star Alliance and SkyTeam in recent years.
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WASHINGTON, Feb 12- The Pentagon said it plans to continue using lithium-ion batteries on the new F-35 fighter jet despite problems with similar batteries that have grounded Boeing Co's new 787 airliner and are causing Airbus to rethink their use on its A350 jet.
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*Analysts say Comcast getting good price. *Comcast has been making executive changes at NBC. Feb 12- Comcast Corp clinched full control of NBC Universal for $16.7 billion on Tuesday, the latest in a series of deals that have taken the cable operator from humble roots in Tupelo, Mississippi, to Manhattan's iconic Rockerfeller Center.
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SEATTLE, Feb 11- The U.S. National Transportation Safety Board is investigating whether tiny fiber-like formations, known as dendrites, inside lithium-ion batteries could have played a role in battery failures on two Boeing Co 787 Dreamliners last month.