Investing Securities

More

  • But even as those issues have been resolved, smaller lawsuits have cropped up, including a suit filed last week by Greylock Capital Management, a well-known emerging market investor saying Argentina is still not treating investors equally. Since the election of President Mauricio Macri in November, Argentina moved swiftly to settle the debt dispute, mainly...

  • WASHINGTON, April 13- The U.S. Congress was ironing out a new plan on Wednesday to rescue Puerto Rico from crippling debts that threaten the island territory's funding for hospitals and emergency services, as the treatment of bondholders simmers as a point of contention. It would steer creditors and holders of Puerto Rico bonds toward a new, independent board...

  • NEW YORK, April 13- One of the most popular actively managed ETFs, the Pimco Total Return Active Exchange-Traded Fund, has seen its assets stagnate as investors have gravitated toward rival funds and lower-cost passive bond ETFs, Morningstar data show. In the first quarter the fund, also known as BOND, posted net withdrawals of $37.6 million while the overall bond...

  • NEW YORK, April 13- A U.S. appeals court on Wednesday cleared the way for the lifting of injunctions that prevented Argentina from paying off some debts, a ruling the country sought after agreeing to settle litigation by creditors suing over defaulted bonds. The 2nd U.S. Circuit Court of Appeals in New York ruled after hearing arguments from bondholders opposed...

  • Treasury yields rose modestly on Wednesday, led by shorter-dated maturities, as Wall Street's strong opening helped markets shrug off weaker-than-expected readings on U.S. producer prices and retail sales. Treasury yields have been largely tied to equities in recent days and strong trade data out of China and upbeat bank earnings on Wednesday backed...

  • NEW YORK, April 13- One of the most popular actively managed ETFs, the Pimco Total Return Active Exchange-Traded Fund, has seen its assets stagnate as investors have gravitated toward rival funds and lower-cost passive bond ETFs, Morningstar data show. In the first quarter the fund, also known as BOND, posted net withdrawals of $37.6 million while the overall bond...

  • Treasury yields fell modestly after readings on U.S. producer prices and retail sales missed expectations on Wednesday, adding to doubt about inflation and the pace of further interest rate increases by the Federal Reserve. U.S. retail sales dipped in March, falling 0.3 percent, as households cut back on purchases of automobiles. "Cutting to the chase, this is a...

  • *Futures rise: Dow 99 pts, S&P 12.25 pts, Nasdaq 33.75 pts. April 13- U.S. stock index futures were higher on Wednesday after strong Chinese trade data raised hopes that the world's second largest economy was beginning to recover. The stock was up 2.3 percent at $60.65 in premarket trading.

  • WASHINGTON, April 12- Leading Republicans on Tuesday outlined a plan to help Puerto Rico shed crippling debt and accused investor-allied groups of misleading lawmakers about the proposal. The rescue would steer creditors and holders of Puerto Rico bonds toward a new, independent board that would seek a fair way to write down an estimated $70 billion in debt.

  • BUENOS AIRES, April 12- Argentina's finance minister said on Tuesday he hoped the creditors who had reached deals with the government on defaulted debt would not back down, amid concerns that the country will not be able to meet the deadline for payment. Argentina is seeking to end a legal battle with creditors over unpaid debt stemming from its record 2002...

  • LONDON, April 13- Regulators won't get a clear picture of risks in the $550 trillion derivatives market until they prune trade reporting rules, a group of 13 industry bodies said on Wednesday. "Effective data reporting is absolutely essential to the derivatives reform programme set out by regulators," Scott O'Malia, chief executive of the International Swaps...

  • SAN FRANCISCO, April 12- CME Group Inc said on Tuesday it has received notice from the Federal Reserve that it is authorized to open an account at the U.S. central bank, allowing it to better safeguard cash deposited by its traders. CME, which operates one of the world's biggest derivatives clearinghouses and several exchanges including the Chicago Mercantile...

  • Centerbridge Partners LP issued the notice, but it is not expected to lead to a default, according to people familiar with the matter. Valeant said in a statement that it now has until June 11 to make the filing, under its bond agreements, but reiterated its intention to file it on or before April 29. On Monday, the company asked its outgoing Chief Executive Michael...

  • BUENOS AIRES, April 12- Argentina's finance minister said on Tuesday he hoped the creditors who had reached deals with the government on defaulted debt would not back down, amid concerns that the country will not be able to meet the deadline for payment. "We have done all that we could," Finance Minister Alfonso Prat-Gay told reporters in New York, where he is heading...

  • Treasury yields rose on Tuesday as oil and stock prices jumped on reports that Saudi Arabia and Russia had agreed to freeze crude output, reducing demand for safe-haven debt. Global oil prices hit five-month highs after Russia's Interfax news agency quoted a diplomatic source in Doha saying the two nations had reached consensus on an oil output freeze ahead...

  • NEW YORK/ BOSTON, April 12- The U.S. government's lawsuit against ValueAct Capital targets one activist investor but could call into question routine practices across the $16 trillion mutual fund industry, according to attorneys and industry representatives. The U.S. Department of Justice last week alleged that the hedge fund improperly classified two...

  • Questions surround 'bid' for Integrated Device Tech

    CNBC's Eamon Javers provides perspective on the move higher in shares of Integrated Device Technology Inc. after the company disclosed information of a buyout bid by an investor group led by Libin Sun.

  • US TREASURY YIELDS RISE TO SESSION HIGHS AS OIL, STOCK PRICES GAIN, 10- YEAR YIELDS INCREASE TO 1.77 PERCENT.

  • Global benchmark Brent crude futures rose nearly 2 percent to a high of $43.64 in early trading on hopes that next week's meeting of oil producers in Doha, Qatar, will agree on steps to tackle a supply glut. Bonds prices pared gains slightly after the International Monetary Fund cut its forecast for U.S. and global growth in its latest release, warning of growing...

  • LONDON, April 12- Euro zone governments' drive to push back the expiry date of their debts stepped up a gear on Tuesday, with France selling 20- and 50- year bonds to lock in ECB-depressed borrowing costs. The European Central Bank's bond-buying programme, expanded in March to 80 billion euros a month from 60 billion, has pushed short-term yields into negative...