Investing Securities

More

  • NEW YORK, Dec 29- Yields on U.S. The five-year note auction was expected to be well received given the surprisingly strong demand at the $26 billion sale of two-year notes on Monday, but traders were disappointed by weak demand for the notes. "Markets in the last week of December are thin and a lot of people have already closed their books for the year, so that's part of...

  • Dec 29- The lopsided performance of exchange-traded funds tracking China's turbulent domestic markets is stanching the flow of new money into a market that once excited investors. Investors pulled $418 million out of ETFs tracking Chinese stocks that trade on the Shanghai and Shenzhen exchanges in the year to Dec. 21, withdrawals representing more than half...

  • NEW YORK, Dec 29- Moody's Investors Service downgraded its credit rating on Noble Group Ltd on Tuesday to junk status with a negative outlook due to concerns over the Singapore- listed commodity trader's liquidity, profitability and cash flow. "The downgrade of Noble's ratings reflects Moody's concerns over the company's liquidity," Joe Morrison, a Moody's vice...

  • NEW YORK, Dec 29- Moody's Investors Service downgraded its credit rating on Noble Group Ltd on Tuesday to junk status with a negative outlook due to concerns over the Singapore- listed commodity trader's liquidity, profitability and cash flow. "The downgrade of Noble's ratings reflects Moody's concerns over the company's liquidity," Joe Morrison, a Moody's Vice...

  • Dec 29- Barclays Plc will pay more than $13.75 million to settle U.S. regulatory charges that it let retail brokerage customers make unsuitable mutual fund transactions, including more than 6,100 fund switches, over a five-year period. Barclays did not admit or deny wrongdoing in agreeing to the settlement, which includes a censure. FINRA said that from January...

  • NEW YORK, Dec 29- Yields on U.S. "There's no reason to make big moves at the end of the year, and the light conditions mean it doesn't take much to move the markets quite a bit," said Aaron Kohli, an interest rate strategist at BMO Capital Markets in New York. Traders were looking to the Treasury's $35 billion five-year note sale at 1 p.m..

  • Dec 29- U.S. stock index futures were higher on Tuesday as Brent crude steadied above the 11- year low it hit last week. *Crude prices edged up as colder weather entered Europe and North America, raising hopes of a short-term uptick in the tepid demand that has plagued the commodity this year. *Data scheduled for release on Tuesday includes the Conference Board's...

  • The fall in oil prices has been a major driver of financial markets this year, hammering energy companies, lowering inflation expectations and reinforcing bets on loose monetary policy in Europe and a slow tightening in the United States. Britain's blue-chip FTSE 100 index, opening for the first time since the Christmas break, rose 0.4 percent.

  • TOKYO, Dec 29- Japanese government bond prices mostly edged down in thin end-of-year trade on Tuesday, taking their cues from a rise in equities markets. According to an interview published in the Nikkei newspaper, Bank of Japan board member Yukitoshi Funo said the central bank will look at the long-term economic trend in guiding monetary policy and won't...

  • BUENOS AIRES, Dec 28- Argentina's new government is shopping around for a second law firm to help resolve the country's longstanding battle with creditors suing it over its unpaid debt, a source in the economy ministry said on Monday. The center-right government of Mauricio Macri will publicly launch its search on Tuesday for a new firm based in New York City to...

  • *$26 billion auction 2- year notes met with strong demand. NEW YORK, Dec 28- U.S. "Going into the auction people were falling into the trap that the two-year is the most susceptible to the Fed hike, but that wasn't the case," said George Goncalves, head of U.S. rates strategy at Nomura Securities International in New York.

  • BOSTON, Dec 28- Third Avenue Management's failed junk bond fund received a clean bill of health in its final annual report from outside accounting firm PricewaterhouseCoopers LLP, which said the fund's liquidation this month did not change its audit opinion. New York- based Third Avenue Management LLC, founded by famed distressed investor Marty Whitman, shut...

  • Treasuries were mostly flat on Monday during light trading, with the yield on two-year notes edging up to a more than five-and-a-half year high as traders balanced positions ahead of a $26 billion dollar auction of two year notes by the Treasury Department. The Treasury Department sell $90 billion of debt this week. "Five and seven year notes don't tend to do well...

  • SHANGHAI, Dec 28- China plans to refinance the remaining outstanding local government debt as of end-2014 within around three years, the state-owned China Business News reported on Monday, citing the finance minister. Finance Minister Lou Jiwei told a meeting of China's parliament, the National People's Congress, that officially counted local government...

  • TOKYO, Dec 28- Japanese government bonds mostly edged up in a thin trading session on Monday, as investors adjusted their portfolios in the final week of the year. The Bank of Japan offered to buy 350 billion yen of 1- year to 3- year JGBs, 350 billion yen of 3- year to 5- year JGBs, 240 billion yen of 10- year to 25- year JGBs, and 140 billion yen of JGBs maturing in 25 to 40...

  • TOKYO, Dec 25- Japanese government bond prices were steady on Friday, supported by overnight gains in U.S. Data on Friday showed Japan's core CPI rose for the first time in five months in November. But JGB market reaction was limited, as household spending also fell for the third straight month, casting some doubt on the Bank of Japan's stance that consumption will...

  • NEW YORK, Dec 24- U.S.-based funds that invest in foreign stocks posted their largest outflows on record in the week ended Dec. 23, Lipper data showed on Thursday, as mutual fund investors trimmed risk following a U.S. Investors took $10 billion out of "non-domestic" stock funds sold in the United States, especially mutual funds rather than exchange traded funds.

  • NEW YORK, Dec 24- U.S.-based stock and taxable-bond funds posted $16.2 billion in outflows in the week that ended Dec. 23, Lipper data showed on Thursday, in a week after the U.S. Federal Reserve raised benchmark interest rates. Low-risk money-market funds in the U.S. posted $3.6 billion in outflows during the same week.

  • U.S.-BASED TAXABLE BOND MUTUAL FUNDS POST $9.1 BLN OUTFLOWS OVER WEEKLY PERIOD; BOND ETFS ATTRACT $476 MLN INFLOWS- LIPPER.

  • U.S.-BASED STOCK MUTUAL FUNDS POST $13.6 BLN OUTFLOWS OVER WEEKLY PERIOD; STOCK ETFS ATTRACT $6.1 BLN INFLOWS- LIPPER.