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Investing Securities

  • U.S.-BASED HIGH-YIELD BOND FUNDS ATTRACT $2 BLN OVER WEEKLY PERIOD; LARGEST INFLOWS SINCE JULY- LIPPER.

  • U.S.-BASED TAXABLE BOND FUNDS ATTRACT $1.1 BLN OVER WEEKLY PERIOD; FIRST NET CASH SINCE LATE OCTOBER- LIPPER.

  • U.S.-BASED MONEY MARKET FUNDS ATTRACT $14.7 BLN OVER WEEKLY PERIOD; 4 TH STRAIGHT WEEK OF INFLOWS- LIPPER.

  • NEW YORK, Dec 8- U.S. ECB President Mario Draghi, however, said the unexpected move was not an outright winding-down of the central bank's quantitative easing program, as policymakers would like to see evidence of a sustained pickup in inflation in Europe. "It's not what the market had expected and hoped for, but he left the door open," said Kevin Giddis, head of fixed...

  • Dec 8- Short seller Citron's Andrew Left has turned his sights on Express Scripts Holding Co, calling the pharmacy benefit manager the "culprit behind pharmaceutical price gouging." Shares of Express Scripts, the largest PBM in the United States, fell as much as 8.8 percent to $69.20. President-elect Donald Trump, in a Time magazine article on Wednesday, said he...

  • Dec 8- Short seller Citron's Andrew Left has turned his sights on Express Scripts Holding Co, calling the pharmacy benefit manager the "real culprit behind pharmaceutical price gouging." Shares of Express Scripts, the largest PBM in the United States, fell as much as 8.8 pct to $69.20. President-elect Donald Trump, in a Time magazine article on Wednesday, said he...

  • BOSTON, Dec 8- Fidelity Investments' $105 billion Contrafund is having a bad three-year run, but you would never know it by looking at its fees. The mutual fund's management fees have increased 25 percent to $614 million over the past three years despite investors pulling several billion dollars as its performance lagged the benchmark S&P 500 Index.

  • *Polish 10- yr yield rises, Hungary's flat after strong auction. BUDAPEST/ WARSAW, Dec 8- Central European currencies and long-dated government bonds eased on Thursday after the European Central Bank said it would cut its monthly asset purchases from April but extend the bond buying until the end of 2017. Hungary's corresponding yield was flat on the day, but rose...

  • *Stock markets climb for fourth day, Wall Street at record. *China trade beats forecasts, commodity imports jump. LONDON, Dec 8- The euro dived following a brief surge and bond markets were left dazed on Thursday, after the European Central Bank said it would slow its stimulus program from April but also extend it until at least the end of next year.

  • Treasury yields rose on Thursday in line with their European counterparts after the European Central Bank said it would trim its monthly pace of bond purchases to 60 billion euros from 80 billion euros, starting in April. ECB President Mario Draghi, however, said the unexpected move was not an outright winding-down of the central bank's quantitative easing...

  • *World share markets climb for 4th day, Wall Street at record. *China trade beats forecasts, commodity imports jump. LONDON, Dec 8- A signal from the European Central Bank that it would slow its stimulus program from April next year spooked bond and money markets on Thursday and triggered a short sharp surge in the euro.

  • NEW YORK, Dec 8- U.S. Treasury yields rose in line with their European counterparts on Thursday after the European Central Bank said it would trim its monthly pace of bond purchases to 60 billion euros from 80 billion euros, starting in April. Thursday, Dec. 8, 8:15 a.m. New York/ 1315 GMT Price.

  • *World share markets climb for 4th day, Wall Street at record. LONDON, Dec 8- World shares climbed to a three-month high on Thursday as encouraging Chinese data and a record-high Wall Street kept traders upbeat before an expected extension of the European Central Bank's already generous stimulus program. Asia shares had risen to one-month highs after Wall...

  • Dec 8- U.S. stock index futures were little changed on Thursday, a day after the Dow and the S&P 500 hit new highs, while investors awaited the European Central Bank's decision on monetary policy. *The ECB is expected to announce an extension of its stimulus program at 7:45 a.m. ET followed by President Mario Draghi's press conference at 8:30 a.m. ET.

  • *Without changes, Ireland could be cut from QE in Jan. LONDON, Dec 8- Euro zone government bond yields crept higher as investors waited to see whether the European Central Bank would meet their high expectations for fresh stimulus at its final meeting of the year on Thursday. This uncertainty has rekindled memories of the ECB's final meeting of 2015 which jolted...

  • *World share markets climb for 4th day, Wall Street at record. *China trade beats forecasts, commodity imports jump. LONDON, Dec 8- World shares climbed to a near three-month high on Thursday as encouraging China data and a record high Wall Street kept traders upbeat ahead of an expected extension of the European Central Bank's already generous stimulus programme.

  • *Without changes, Ireland could be cut from QE in Jan. LONDON, Dec 8- Euro zone government bond yields crept higher as investors waited to see whether the European Central Bank would meet their high expectations for fresh stimulus at its final meeting of the year on Thursday. "Draghi is facing a serious challenge though as market expectations for an extension of the...

  • *Asia shares ex- Japan at month high as Wall St climbs. *Euro unfazed as Moody's turns negative on Italy rating. SYDNEY, Dec 8- Asian shares hustled to one-month highs on Thursday after Wall Street strode to another record, while bonds rallied on wagers the European Central Bank would extend its stimulus campaign at a policy meeting later in the session.

  • TOKYO, Dec 8- The Japanese government bond yield curve flattened a touch on Thursday on relief after an auction of 30- year debt managed to attract some demand after early indications had suggested a weaker outcome. The 800 billion yen 30- year auction results were not particularly strong, with the bid-to-cover ratio, a gauge of demand, slipping to 2.85 from 3.50...

  • *Asia shares ex- Japan at month high as Wall St climbs. *Euro unfazed as Moody's turns negative on Italy rating. SYDNEY, Dec 8- Asian shares hopped to one-month highs on Thursday after Wall Street strode to another record and bonds rallied on wagers the European Central Bank would extend its asset buying campaign at a policy meeting later in the session.