A handful of the Nov. 4 races such as the dead heat in Illinois, possibly the most fiscally dysfunctional state, shape up as de facto referendums on reform and their results could make municipal bond investors alter their bets. "People are not so much voting for governor in some of these states but how they want the pensions addressed," said Craig Brandon, Co-Director...
BOSTON, Oct 17- Taking a page from his last job, Eaton Vance's new Chief Equity Investment Officer bets that reorganizing his analysts into new teams will boost performance. Since joining the Boston company in April from Goldman Sachs, Edward Perkin has regrouped Eaton Vance's 27 stock analysts into teams meant to develop investment ideas that match the...
Aug 18- Asset manager Eaton Vance Corp's quarterly profit narrowly beat analysts' estimates, as it investment advisory and administrative business fees increased 6 percent. Net income attributable to the company's shareholders rose to $77.9 million, or 63 cents per share, from $23.2 million, or 18 cents per share, a year earlier.
Aug 18- Asset manager Eaton Vance Corp's quarterly profit tripled, due to a big drop in the company's non-operating expenses. Net income attributable to the company's shareholders rose to $77.9 million, or 63 cents per share, in the third quarter ended July 31, from $23.2 million, or 18 cents per share, a year earlier.
NEW YORK, June 24- The rapid growth of electronic cigarette sales poses a rising but under-appreciated risk to holders of as much as $96 billion of bonds tied to payments tobacco companies make to U.S. states from a sweeping legal settlement in 1998..
NEW YORK, June 4- Three months after new trading requirements for the $300 trillion U.S. derivatives market were introduced, little of the market is operating as regulators intended, with mandates for most bank trades delayed and investors slow to embrace new trading systems. That may start to change this month.
Polls in the so-called Fragile Five economies- Brazil, India, Indonesia, Turkey and South Africa- topped investors' list of political worries for 2014.. Presidential polls in Brazil and Turkey are still to come, but parliamentary elections in India and South Africa and local elections in Turkey have been greeted with enthusiasm by investors.
May 22- After Detroit filed for bankruptcy last summer, portfolio managers at Eaton Vance municipal bond funds saw a gem hidden in the plumbing of the beleaguered Midwestern city. Eaton Vance's payoff is just one example of the recovery of municipal junk bond funds so far this year, after a tough 2013..
May 21- Asset manager Eaton Vance Corp's quarterly profit rose nearly 18 percent as it earned higher fees from its investment advisory and administrative services, sending its shares up more than 4 percent in early trading. Excluding items, Boston- based Eaton Vance earned 59 cents per share.
May 21- Asset manager Eaton Vance Corp's quarterly profit rose nearly 18 percent, as it earned higher fees from its investment advisory and administrative services. Net income attributable to the company's shareholders rose to $74.9 million, or 59 cents per share, in the second quarter ended April 30, from $63.7 million, or 50 cents per share, a year earlier.
*Unease grows over Zimbabwe after Mugabe party victory. *Rwanda scores better but has only two listed stocks. LONDON, May 19- Three members of Africa's "youth club"- Rwanda, Zambia and Zimbabwe- offer some of the fastest-growing working populations in the world, if only investors can capitalise on that.
Bond-fund managers at Loomis Sayles, Fidelity and Eaton Vance are trouncing their benchmarks and almost all their peers by taking advantage of asset allocation rules that permit as much as 35 percent of their holdings in stocks.
U.S. stock index futures signaled a flat-to-lower open on Tuesday, ahead of housing market and consumer confidence data.
Tapering of the Fed's $85 billion monthly bond purchases has been discussed for months, driving interest rates higher.
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.
BOSTON-- Investment manager Eaton Vance Corp. said Thursday that its board of directors approved a 5.3 percent increase to its quarterly dividend. The company will pay 20 cents per share to shareholders on Nov. 14 to shareholders of record as of Oct. 31. Eaton Vance shares rose 5 cents to $29.19 in afternoon trading.
Oct 11- Eaton Vance Corp:. *Says reported assets under management of $198.2 billion on September 30. versus $192.9 billion on July 31, 2012.
Alexander Cutler, CEO of Eaton, says the company is starting to see attractive gains in its U.S. non-residential construction segments.
Stocks ended lower as investors took a pause after stocks reached two-year highs, and the dollar rose as concerns over European sovereign debt worries resurfaced. Alcoa and JPMorgan fell, while Coca Cola rose.
Stocks slipped into negative territory Wednesday despite several positive economic reports, as concerns over European sovereign debt worries resurfaced. JP Morgan and Alcoa fell, while Coca Cola rose.