Two high profile tech earnings misses soured the mood after-hours Wednesday and could weigh on stocks.» Read More
*Money printing in U.S., Japan piles pressure on euro. LONDON/ FRANKFURT, April 16- Many of the factors driving the euro exchange rate to levels that have set off alarm. bells at the European Central Bank are unlikely to go away on.
*Corporate governance improving in Italy. MILAN, April 16- Eager to attract foreign investors as it slowly emerges from its longest recession in 70 years, cash-strapped Italy Inc. is taking the first steps to end decades of opaque management and shoddy governance.
April 16- Goldman Sachs is planning to jump-start its stock-trading business after top clients such as Fidelity Investments and BlackRock Inc voiced concerns about the way Goldman and other firms trade stocks, the Wall Street Journal reported, citing people familiar with the matter.
NEW YORK, April 15- BlackRock Inc, the world's largest money manager, paid Chief Executive Officer Laurence Fink $22.9 million in compensation last year, up 13.4 percent from $20.2 million the year before. Fink is also chairman of New York- based BlackRock, which manages $4.3 trillion in assets. BlackRock is scheduled to report first-quarter earnings on Thursday.
Auto financing company Ally Financial and hotel operator La Quinta Holdings had lukewarm receptions for their IPOs last week. La Quinta priced its shares at $17 each, lower than its expected range of $18 to $21, which suggested less demand. Ally, the largest IPO this year, priced its shares at $25 each, the bottom of its expected range of $25 to $28.
When Goldman Sachs filed its proxy earlier this month, it was free of a proposal that has become increasingly popular among governance activists.
NEW YORK, April 14- When Goldman Sachs Group Inc filed its shareholder proxy earlier this month, it was free of a proposal that has become increasingly popular among corporate governance activists: a demand for more disclosure about lobbying.
NEW YORK, April 14- After years of responding to shareholder calls for stock buybacks and dividends, major American companies are hearing a different demand from investors: buy growth.
*Long-term structural problems in emerging markets remain. LONDON, April 11- Institutional investors are being selective in their return to emerging markets after a heavy sell-off, as there are too many pitfalls for a long-term portfolio to make a winning strategy out of simply buying cheap.
BOSTON, April 10- Fidelity Investments said on Thursday it is exploring the creation of a new trading venue with other asset managers, as U.S. regulators investigate the controversial practice of high-frequency trading.
BOSTON, April 9- Templeton Global Bond Fund manager Michael Hasenstab, who has a multibillion-dollar bet on Ukraine bonds, says he is confident the country can flourish over the next decade and that the international community can put together a reform package to solve any short-term liquidity and solvency issues.
NEW YORK, April 9- U.S. retail and institutional investors pulled cash from broad commodity exchange-traded funds for a fifth straight quarter even as coffee, natural gas and hogs prices had their best run in years, data from Thomson Reuters Lipper showed on Wednesday.
*China stock valuations near cheapest since at least 2004. *Stock mutual funds turning overweight on China- HSBC. *Investors see China reforms improving growth prospects.
Barry Knapp is joining BlackRock to lead a new fixed income strategy team this summer, leaving Barclays.
*Gold inches up but struggles to hold above $1,300. *Morgan Stanley lowers 2014 price forecast by 12 pct. SINGAPORE, April 8- Gold ticked higher on Tuesday, hovering around the $1,300- an-ounce level, regaining ground from overnight losses as weaker equities and geopolitical tensions in Ukraine lifted its safe-haven appeal.
SINGAPORE, April 8- Gold ticked higher on Tuesday to within a whisker of the $1,300- an-ounce level, regaining ground from overnight losses as weaker equities increased its safe-haven appeal. *BlackRock said that gold ETPs had experienced a "momentum shift" in the first quarter with interest rates holding steady and higher prices.
NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. Pfizer Inc., down 96 cents to $31.20. BlackRock Inc., down $5.03 to $303.89.
Some of the names on the move ahead of the open.
BlackRock is reorganizing its senior management ranks as it works towards a succession plan for CEO and co-founder Larry Fink.
NEW YORK, April 6- BlackRock Inc, the world's largest money manager, is reorganizing its senior management, shifting at least 10 senior executives into new or different roles, according to an internal memo seen by Reuters on Sunday.