U.S. stock index futures signaled a flat-to-lower open on Tuesday, ahead of housing market and consumer confidence data.» Read More
NEW YORK, March 10- More client-hungry hedge fund managers are looking to put their investment strategies to work in exchange-traded funds, a move that could exponentially expand their pool of investors but requires them to slash investment management fees.
JOHANNESBURG, March 6- Foreigners stayed away from Nigeria's latest Treasury bill auction, the first since the suspension of the central bank's graft-fighting governor, in a sign that investor confidence is yet to recover after the banker's removal. Nigeria offered 180 billion naira in Treasury bills on Wednesday, with a similar amount maturing this week.
SAN FRANCISCO/ NEW YORK, Jan 12- Stubbornly weak inflation is shaping up as the wild card for U.S. monetary policy makers this year, with top Federal Reserve officials stumped by why it has lingered so low for so long and at odds as to what to do about it.
*Senate votes 59-34 to move forward with nomination. WASHINGTON, Dec 20- Janet Yellen, an unwavering advocate of the Federal Reserve's aggressive steps to boost the U.S. economy, on Friday took a big step toward becoming the first woman to chair the central bank as her nomination cleared a Republican procedural hurdle in the Senate.
*Senate votes 59-34 to move forward with nomination. WASHINGTON, Dec 20- Janet Yellen, an unwavering advocate of the Federal Reserve's aggressive steps to boost the U.S. economy, on Friday took a big step toward becoming the first woman to chair the central bank as her nomination cleared a Senate procedural hurdle.
*Unemployment, inflation thresholds to guide rate decision. By Ann Saphir and Jonathan Spicer.
NEW YORK, Nov 6- Not long ago, Kathleen Gaffney was considered the obvious successor to bond guru Dan Fuss, with whom she co-managed the $21.9 billion Loomis Sayles Bond fund for nearly 20 years.
NEW YORK, Oct 24- T-Mobile US Inc is expected to post stronger subscriber growth than its larger rival AT&T Inc for the second straight quarter, suggesting the upstart carrier's bold new customer policies could shake up the U.S. mobile market.
NEW YORK, Sept 30- Should I stay or should I go?
NEW YORK/ SAN FRANCISCO, Sept 19- Federal Reserve Chairman Ben Bernanke's shock announcement on Wednesday that the U.S. central bank was not ready to pare back its stimulus program could make it more difficult for his successor to navigate the Fed's way out of its extraordinarily aggressive policy.
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.
Stocks were mixed after a handful of positive economic reports, including a slightly better-than-expected gain in industrial production, and a slightly better-than-expected report on consumer price inflation. Caterpillar and Bank of America rose, while Alcoa fell.
Stocks fell after news of higher inflation and weakness in the employment market, and as financial stocks skidded. McDonald's and Verizon rose, while Bank of America and JPMorgan fell.
Stocks pared gains but remained significantly higher Wednesday as the dollar slumped, commodities soared, and a series of better-than-expected earnings reports gave investors confidence in the economy's health. Cisco and American Express rose, while Intel and JPMorgan fell.