Don't bet your shirt on a repeat performance in the stock market. That's the message from some of the nation's biggest investment firms.» Read More
BOSTON/ WASHINGTON Dec 3- Are proxy advisory firms giving mutual funds too much help with their homework? That question is due for airing at a event in Washington on Thursday focused on the role of proxy advisers like Institutional Shareholder Services and Glass, Lewis& Co. that help funds decide how to vote at corporate annual meetings.
NEW YORK, Nov 25- Debate over when the Federal Reserve could trim its bond purchases monopolized market talk this year, but as a new Fed chief takes charge, more participants believe the key theme to emphasize for 2014 is low rates for longer.
CHICAGO, Nov. 25- Sometimes the very name of a fund sounds like a security blanket if you're a risk-averse investor. There is more than $200 billion invested in them, according to Strategic Insight, up from $31 billion in 2006. While "managed volatility" isn't well defined, these funds provide a strategy that dampens volatility over time.
*China brokers stretch weekly gains on expansion hopes. *China insurers buoyed by robust October premium data.
RIO DE JANEIRO, Nov 21- A Brazilian judge on Thursday accepted a request for bankruptcy protection from former billionaire Eike Batista's oil company, OGX, but denied the same protection for two small foreign subsidiaries in a potential setback for the company.
NEW YORK, Nov 21- A decision on whether to approve Bank of America Corp's proposed $8.5 billion settlement with investors in mortgage securities is now in the hands of a New York state judge, after a nine-week court proceeding ended on Thursday.
RIO DE JANEIRO, Nov 21 (Reuters)- A Brazilian judge on Thursday denied bankruptcy protection for the foreign subsidiaries of OGX in a decision that may complicate the recovery of the oil company, which is controlled by former billionaire Eike Batista.
RIO DE JANEIRO, Nov 21- A Brazilian judge accepted a request for bankruptcy protection by former billionaire Eike Batista's oil company, OGX Petróleo e Gas Participações SA, but denied the same protection for its foreign subsidiaries, a company lawyer told Reuters on Thursday.
LONDON, Nov 20- Leading fund managers are reluctant to invest broadly in emerging markets next year as many major developing economies suffer from sluggish growth and weak corporate earnings. "It's too soon to come back aggressively into emerging equities," Amundi's Chief Investment Officer Pascal Blanque said.
WASHINGTON, Nov 20- President Barack Obama's nominee to serve as deputy U.S. "A one-size-fits-all approach is not going to work here," Sarah Bloom Raskin told the Senate Finance Committee during her confirmation hearing.
NEW YORK, Nov 20- Investors in New York City's debt have had it good. He also has to cut a deal with city unions who are demanding up to $8 billion in retroactive pay increases as part of a new contracts that outgoing Mayor Michael Bloomberg has left for his successor.
NEW YORK, Nov 15- JPMorgan Chase& Co said on Friday it agreed to pay $4.5 billion to settle claims by investors who lost money on mortgage-backed securities before the collapse of the U.S. housing market.
NEW YORK, Nov 14- JPMorgan Chase& Co said on Friday it has agreed to pay $4.5 billion to settle claims by investors who lost money on mortgage-backed securities before the collapse of the U.S. housing market.
NEW YORK, Nov 14- An expert witness testified on Thursday that Bank of America Corp's proposed $8.5 billion settlement with mortgage bond investors is "not reasonable" and rife with conflicts of interest, as opponents made a final push to derail the deal.
NEW YORK, Nov 14- An expert witness testified on Thursday that Bank of America Corp's proposed $8.5 billion settlement with mortgage bond investors is rife with conflicts of interest, as opponents made a final push to derail the deal.
NEW YORK, Nov 14- BlackRock Inc, a money manager that has long worked with the largest U.S. financial institutions, is now turning to the country's smaller banks, where it sees a promising market for exchange-traded corporate bond funds.
NEW YORK, Nov 13- Asset managers building big stakes in corporate bonds could be left hanging as banks cut back on providing liquidity, increasing the risk of chaotic selloffs should interest rates spike from record lows.
Nov 13- Canadian Solar Inc is considering spinning off a unit to operate some of the high-margin solar power plants that helped the company to its first profit in nine quarters.
NEW YORK, Nov 13- Asset managers' bond holdings are surging as banks that traditionally facilitated trades in debt markets scale back, raising fears that increasingly one-sided markets are at a greater risk of frantic selloffs.
Nov 13- Canadian Solar Inc swung to a profit after eight straight quarters of losses as it pushed aggressively into the high-margin business of building solar power plants. Canadian Solar's U.S.-listed shares were up 6.3 percent at $30.00 before the bell.