China's foreign investment mix is changing, with portfolio investors buying more stocks but foreign direct investment falling to a two-year low.» Read More
MALVERN, Pa., Sept 16- As U.S. investors race into Vanguard Group mutual and exchange-traded funds at breakneck speeds, the No. 1 mutual fund company's overseas operations have expanded at a comparative snail's pace.
Sept 12- Hudson City Bancorp Inc said Chief Executive Ronald Hermance Jr., 67, passed away unexpectedly on Thursday evening, and named Chief Operating Officer Denis Salamone as successor. His passing comes before the close of M&T Bank Corp's acquisition of Hudson City for $3.7 billion.
Sept 3- Toll Brothers Inc is finally feeling the pinch as a steep rise in home prices discourages even the most affluent Americans from buying its luxury homes. "Even though Toll targets the high-end luxury buyer, pricing has been pushed so high already that at some point the buyer is going to walk away," Morningstar Inc analyst James Krapfel told Reuters.
July 15- Hershey Co, the No. 1 candy producer in the United States, on Tuesday hiked its chocolate prices for the first time in three years, a sign that a year-long soaring cocoa market is eating into confectioners' profits.
A top holding in the $710 million Ivy Emerging Markets Equity Fund, the best performing diversified emerging market fund over the last five years, is Las Vegas Sands Corp, the U.S.-based casino operator that generates most of its revenue in Macao.
CHICAGO, June 18- Templeton bond fund manager Michael Hasenstab, an influential voice on emerging market debt, said Wednesday that Japan's easy money policy will bolster global liquidity, but he also warned that debt conditions in the Asian country are worrisome.
NEW YORK, June 11- Struggling to get out of credit card debt he accumulated in college, Rion Robinson tried a lot of different approaches to curb his spending, from old-fashioned spreadsheets to money management programs like Mint. Then Robinson, a 27- year-old who works for a medical supplier in Columbus, Ohio, tried the Level Money budgeting app.
NEW YORK, June 11- Struggling to get out of credit card debt he accumulated in college, Rion Robinson tried a lot of different approaches to curb his spending, from old-fashioned spreadsheets to money management programs like Mint. Then Robinson, a 27- year-old who works for a medical supplier in Columbus, Ohio, tried the Level budgeting app.
May 21- TransCanada Corp is in talks with customers about shipping Canadian crude to the United States by rail as an alternative to its Keystone XL pipeline project that has been mired in political delays, Chief Executive Russ Girling said on Wednesday.
NEW YORK, May 21- Last month was not a good one for inflation hawks, unless they were looking for validation. And producer prices were up 0.6 percent- their biggest monthly rise since September 2012. In 1972, the U.S. Labor Department's consumer price index rose 3.3 percent.
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.
CALGARY/ VANCOUVER April 21- Six years after applying to build the Keystone XL pipeline, Canada's frustrated oil industry appears steadfast in its support of the plan even though Washington has again delayed a decision on whether to approve the politically charged project.
BOSTON, April 21- Will Danoff, who runs Fidelity Investments' behemoth Contrafund, is frustrated by his lagging performance this year and is pruning his exposure to cloud software stocks that got clobbered recently in a swift and hard-hitting downturn.
BOSTON, April 16- American Funds, one of the largest U.S. mutual funds families, sent an email to 825,000 shareholders on Wednesday advising them to change user names and passwords, citing "a very narrow window of risk" related to the "Heartbleed" Internet threat.
The Dow Jones U.S. Home Construction index has regained much of the ground lost in the second half of 2013, when rising mortgage rates and wider economic uncertainty broke an 18- month winning streak for homebuilder stocks. The average forecast covers D.R. Horton Inc, PulteGroup Inc, Lennar Corp, KB Home and Toll Brothers Inc..
Arledge himself acknowledged on Wednesday that BNY Mellon is only in the early stages of a two-pronged strategy to gather assets from individual retail investors, but he pledged that the strategy will show tangible progress by this summer.
Even as Australia’s mining sector struggles with a slowdown in China, analysts polled by CNBC still think there are some some diamonds in the rough.
Legendary Legg Mason fund manager Bill Miller offers tips on how to invest in a market that will change in ways you'll never be able to predict.
US mutual funds with heavy exposure to Puerto Rico bonds have sold off some of the cash-strapped island's debt.
U.S. mutual funds with heavy exposure to Puerto Rico bonds have sold off some of the cash-strapped island's debt to meet investor redemption demands.