Investing Securities

  • NEW YORK, Sept 18- Investors who own some bank sector funds may be in for an unwanted surprise: a tax bill. The largest U.S. financials ETF, the $15 billion Financial Select Sector SPDR Fund, is paying out a large dividend that will be taxable for the fund's investors, according to a company notice distributed to some clients Friday. The payment brings the fund in line...

  • RECORD LOW BOND YIELDS, HIGH STOCK PRICES, SUBDUED VOLATILITY "CAST A PALL" OVER ASSET VALUATIONS- BIS.

  • BEIJING, Sept 18- China will re-open its auction for 26 billion yuan of 30- year bonds on Sept. 23, the Ministry of Finance said on Sunday. The bonds will be issued from Sept. 23 to Sept. 26 and will start trading on the secondary market on Sept. 28, the ministry said in a statement posted on the website of China's main bond clearinghouse. China first auctioned the bonds late...

  • Sept 17- For other diaries, please see: Top Economic Events Polling unit diary Today in Washington Political and general news. DATE TIME COUNTRY AMOUNT AUCTION DETAILS. 19 September France Auction of BTF treasury notes.

  • CARACAS, Sept 16- Venezuela's state oil company PDVSA said a new 2020 bond being offered from Friday in exchange for debt maturing next year would carry a coupon of 8.5 percent.

  • NEW YORK, Sept 16- U.S. The Labor Department said its Consumer Price Index rose 0.2 percent last month after being unchanged in July. "It certainly is another thing that could help them increase their trend towards normalization," said Mary Ann Hurley, vice president in fixed income trading at D.A.

  • Sept 16- U.S. stock index futures were lower on Friday, a day after Wall Street rallied about 1 percent and as oil prices dropped due to concerns of oversupply. *News overnight that the Department of Justice proposed Deutsche Bank pay $14 billion to settle claims it missold mortgage-backed securities is likely to weigh on Wall Street banks as they are doing on...

  • *Economy minister says Hungary may tap bond market. BUDAPEST, Sept 16- After keeping Hungary in junk for years, rating agency Standard and Poor's lifted the country's debt rating back into investment grade on Friday in a surprise move, rewarding Prime Minister Viktor Orban for fixing state finances and boosting the economy. Returning Hungary's debt to...

  • BUDAPEST/ WARSAW, Sept 16- The forint jumped to its firmest levels since early March on Friday after a surprise upgrade in Hungary's credit rating from Standard& Poor's. Investors had expected the agency to keep Hungary's ratings unchanged in' junk' category at' BB+/ B' and some analysts projected a rise in the rating outlook to positive. This is the second upgrade to...

  • *Portugal's bond reel from worst day since Brexit. LONDON, Sept 16- The premium Portugal would pay over Germany to borrow in bond markets hit its widest in seven months on Friday, ahead of a ratings review that serves as a prelude to a more crucial test of Portuguese creditworthiness next month. But any warnings on its economy, such as those made by Portugal's own...

  • NEW YORK, Sept 16- With traditional dividend-paying stocks such as utilities and telecom companies trading near record highs, U.S. mutual fund managers desperate for income are increasingly taking a new tack: going private instead. Stocks with dividend yields in the top third of the S&P 500 are outperforming those in the bottom third by 13.3 percent for the year...

  • *Gross supply in France and Germany: http://tmsnrt.rs/2ccQh6k. LONDON, Sept 15- Germany's status as Europe's benchmark government bond market is at risk as Berlin borrows less and the European Central Bank presses ahead with its buying spree, sapping the liquidity that helps to attract investors. The euro zone's strongest economy, Germany also boasts the top...

  • BRASILIA, Sept 16- The prospect of turbulence in emerging markets due to U.S. rate rises could deter Brazil from quickly reducing its stock of currency swaps and should encourage the government to press ahead swiftly with economic reform, the central bank's governor said in an interview. President Michel Temer has vowed to push for a reduction in Brazil's...

  • NEW YORK, Sept 16- U.S. The Labor Department said its Consumer Price Index rose 0.2 percent last month after being unchanged in July. "It certainly is another thing that could help them increase their trend towards normalization," said Mary Ann Hurley, vice president in fixed income trading at D.A.

  • Sept 16- U.S. stock index futures were lower on Friday, a day after Wall Street rallied about 1 percent and as oil prices dropped due to concerns of oversupply. *News overnight that the Department of Justice had fined Deutsche Bank a far bigger-than-expected $14 billion to settle claims it missold mortgage-backed securities is likely to weigh on Wall Street...

  • US FIVE-YEAR, 30- YEAR TREASURY YIELD CURVE FLATTENS TO 126 BASIS POINTS.

  • US TREASURY PRICES PARE GAINS AFTER DATA, 10- YEAR NOTE YIELDS RISE TO 1.67 PERCENT.

  • Sept 16- U.S. stock index futures were lower on Friday, a day after Wall Street rallied about 1 percent and as oil prices dropped due to concerns of oversupply. *News overnight that the Department of Justice had fined Deutsche Bank a far bigger-than-expected $14 billion to settle claims it missold mortgage-backed securities is likely to weigh on Wall Street...

  • Rex Tillerson, CEO of Exxon Mobil.

    The New York attorney general is investigating why ExxonMobil has declined to write down the value of its assets despite the oil price rout.

  • *Deutsche to fight shock $14 billion DoJ demand. FRANKFURT, Sept 16- Deutsche Bank said it would fight a $14 billion demand from the U.S. Department of Justice to settle claims it missold mortgage-backed securities, a shock bill that raises questions about the future of Germany's largest lender. Deutsche Bank shares, which have lost around half their value this...