BOSTON-- Eaton Vance Corp. said Wednesday its fiscal second-quarter net income jumped 20 percent, as an increase in its assets under management boosted investment and advisory fees. For the quarter ended April 30, the investment manager earned $63.7 million, or 50 cents per share, up from $52.9 million, or 44 cents per share, in the same quarter the year before.
By Jonathan Spicer and Ann Saphir. NEW YORK/ SAN FRANCISCO, May 1- Top Federal Reserve officials are happy with the boost their asset purchases are giving the housing market, suggesting mortgage bonds could trump Treasuries when the U.S. central bank tinkers with its bond-buying program.
*Beyond timing of QE3, debate over which assets to target. NEW YORK/ SAN FRANCISCO, May 1- Top Federal Reserve officials are happy with the boost their asset purchases are giving the housing market, suggesting mortgage bonds could trump Treasuries when the U.S. central bank tinkers with its bond-buying program.
By Jonathan Spicer and Ann Saphir. NEW YORK/ SAN FRANCISCO, May 1- Top Federal Reserve officials are happy with the boost their asset purchases are giving the housing market, suggesting mortgage bonds could trump Treasuries when the U.S. central bank tinkers with its bond-buying program.
*Beyond timing of QE3, debate over which assets to target. NEW YORK/ SAN FRANCISCO, May 1- Top Federal Reserve officials are happy with the boost their asset purchases are giving the housing market, suggesting mortgage bonds could trump Treasuries when the U.S. central bank tinkers with its bond-buying program.
Eaton Vance Corp, a fund manager overseeing $255 billion, and Citigroup Inc advised their employees dealing with institutional customers to work from home. With public transit shut down, "the only way anyone can get to work is drive or walk, if they live nearby," said Robyn Tice, an Eaton Vance spokeswoman. "
FRANKFURT/ PARIS, April 10- Deutsche Telekom shareholders are likely to support the group if it sweetens the terms of a proposed tie-up with MetroPCS, as they fear another deal failure would be a big blow to hopes of a turnaround in the United States.
SAN FRANCISCO, March 12- With the U.S. jobs market showing signs of healing, economists think they know what's next for monetary policy: the Federal Reserve will at some point taper its monthly bond purchases, and soon after, end them altogether.
NEW YORK, Feb 27- There may be no such thing as a sure bet on Wall Street, but junk bonds have come pretty close over the past four years. A widely followed measure of the sector, the Bank of America/ Merrill Lynch High Yield Master II Index, hit an all-time high last month and sits just a smidgen below that record.
Treasuries prices slid on Friday on brighter outlooks from consumers, with investors turning to fiscal talks in Washington as a slate of budget cuts looms. 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. "
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. "
*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. "
*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."
Investors welcomed news that the U.S. economy added 157,000 jobs last month, sending the Dow above 14,000 for the first time since 2007.
NEW YORK, Jan 4- U.S. "I think the market over-reacted a bit," said Gregory Whiteley, government bond portfolio manager at DoubleLine Capital in Los Angeles. "The economy here, in Europe and in Asia, still faces considerable ongoing headwinds."
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.