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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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BOSTON, Dec 17- Morgan Stanley, the lead underwriter for Facebook Inc's initial public offering, will pay a $5 million fine to Massachusetts to settle charges that its bankers improperly influenced its research analysts when the Internet company went public.
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BOSTON, Dec 17- Morgan Stanley, the lead underwriter for Facebook Inc's initial public offering, will pay a $5 million fine to Massachusetts to settle charges that its bankers improperly influenced its research analysts when the Internet company went public.
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*Dow off 0.3 pct, S&P 500 off 0.4 pct, Nasdaq down 0.7 pct. NEW YORK, Dec 14- U.S. stocks fell on Friday as another slide in Apple took a toll and investors unloaded some shares because of the uncertainty surrounding the "fiscal cliff" negotiations.
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*Dow off 0.3 pct, S&P 500 off 0.4 pct, Nasdaq down 0.7 pct. NEW YORK, Dec 14- U.S. stocks fell on Friday as another slide in Apple took a toll and investors unloaded some shares because of the uncertainty surrounding the "fiscal cliff" negotiations. Apple's stock slid 3.8 percent to $509.79 after UBS cut its price target on the stock to $700 from $780.
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*Dow off 0.2 pct, S&P 500 off 0.3 pct, Nasdaq down 0.5 pct. Apple slid 4 percent to $508.75 after UBS cut its price target on the stock to $700 from $780. The S&P Information Technology Index dropped 0.9 percent as Apple fell and Jabil Circuit Inc lost 6.2 percent to $17.38 after UBS cut its price target.
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BOSTON/ CHARLOTTE, N.C., Dec 14- Bank of America Corp, JPMorgan Chase& Co and U.S. Bancorp and other major U.S. banks seem to have stopped a group of hacker activists from seriously disrupting their online banking operations. Tom Kellermann, vice president of cyber security at security software maker Trend Micro Inc, said the banks had been "very successful.
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Hockey legend Derek Sanderson knows what it's like to be on top, only to lose it all in a spectacular haze of fame, fortune and addiction.
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With tablets and other mobile devices the gadgets of choice this holiday season, Reuters canvassed over 70 shoppers and store employees across Sydney, Seattle, Palo Alto, Shanghai, Bangalore, Singapore, Paris, London, Mexico City and Boston for insight into what does and doesn't beckon.
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A cross-section of executives from companies including DuPont Co, Saks Inc, Aetna Inc and 3 M Co on Wednesday warned that the standoff adds an element of uncertainty to an already tepid U.S. economy.
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NEW YORK, Dec 12- Treasuries prices fell on Wednesday, with 30- year bonds falling particularly sharply, after the Federal Reserve's announced a new bond-buying program that shifts more of its purchases to the five-year sector.
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Boston- based Fidelity said the fee cuts on funds including its Spartan 500 Index Fund, Spartan Total Market Index Fund and Spartan U.S. Bond Index Fund, would take effect on Jan. 1. Competitors including BlackRock and Charles Schwab have announced fee cuts and new, low-fee index products over the past several months.
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CHICAGO, Dec 11- The Federal Reserve may tip toward doing even more to boost the U.S. economy in 2013 as two outspoken advocates for a super-easy monetary stance rotate into voting spots on its policy panel.
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SAN FRANCISCO, Dec 10- Twitter on Monday introduced the ability to add color filters to user-uploaded photos, a step that sharpened its budding rivalry with Facebook Inc.. Twitter's filters mimic the popular feature that has defined Instagram, the booming photo service acquired by Facebook this year for $715 million.
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BOSTON, Dec 10- Google Inc began selling basic laptop computers to schools at a price of $99, meeting a price point that prominent MIT professor Nicholas Negroponte famously held out in 2005 as key to bringing computing power to the masses.
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NEW YORK, Dec 9- Investors typically sell stocks to cut their losses at year end. The $600 billion of automatic tax increases and spending cuts scheduled for the beginning of next year includes higher rates for capital gains, making tax-related selling even more appealing than usual.
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NEW YORK, Dec 7- Investors typically sell stocks to cut their losses at year end. The $600 billion of automatic tax increases and spending cuts scheduled for the beginning of next year includes higher rates for capital gains, making tax-loss selling even more appealing than usual.
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BOSTON, Dec 7- Hedge fund manager John Paulson told his clients on Friday evening that his funds experienced mixed returns in November with softer gold prices weighing on some portfolios.
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CHARLOTTE, N.C., Dec 7- When the non-profit group Neighborhood Assistance Corporation of America held its first foreclosure-prevention event in 2008, 8,000 people were waiting in line at 4 a.m. to get inside on the final day, said chief executive Bruce Marks.
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*Europe's FTSEurofirst 300 index up 0.7 pct to 18- month high. NEW YORK, Dec 6- Oil prices slipped and the euro fell the most in a month on Thursday after the European Central Bank said growth in the euro zone is likely to shrink next year, sparking speculation of an interest rate cut.
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BOSTON, Dec 6- Massachusetts regulators on Thursday continued their crackdown on pharmacies in the wake of a deadly meningitis outbreak, announcing sanctions on three companies while recasting an oversight board that has been criticized for being too lax.