Investing Securities

  • NEW YORK, April 15- Banks leading Argentina's jumbo bond sale, which is set to price next week, could earn up to US $27 m in total fees, according to government documents published on Friday. The South American nation is expected to raise between US $12.5 bn and US $15 bn through the bond sale, bringing the total feel pool to between US $22.5 m and US $27 m, according to IFR...

  • Treasury yields fell on Friday after a weaker-than-expected reading on U.S. industrial output, resuming a decline in tandem with oil and stock prices. Yields had rebounded from early declines to trade flat ahead of the 9:15 a.m. release of the data and resumed their downward slide. Industrial production dropped a more-than-expected 0.6 percent in March,...

  • LONDON, April 15- Investors pulled $6.2 billion from stocks in the latest week, the biggest outflows in eight weeks, whilst ramping up their exposure to corporate and emerging market debt, Bank of America Merrill Lynch said on Friday. Investment grade bond funds attracted some $2.2 billion, high yield bond funds around $700 million and emerging market debt funds...

  • TOKYO, April 15- Japanese government bonds firmed on Friday, bolstered by the Bank of Japan's buying operations. The central bank bought 350 billion yen of JGBs in the 1- to 3- year zone, 440 billion yen in the 3- to 5- year zone, 220 billion yen in the 10- to 25- year zone, and 180 billion yen of JGBs maturing in over 25 years, under its massive asset purchase program.

  • *Foreigners net buyers of Japan stocks for 1st time in 14 weeks. TOKYO, April 15- Profit taking in most sectors forced Japan's Nikkei share average a little lower on Friday morning, after sharp rallies over the past few days. Stock market participants saw a limited impact from a strong earthquake hit southwestern Japan on Thursday, but they said they will keep an eye...

  • WASHINGTON, April 14- There will be no breakthrough on unlocking new loans for Greece in Washington this week, but euro zone ministers will seek a deal next week in Amsterdam that could pave the way for debt relief talks, a top euro zone official said on Thursday. The IMF, one of the lenders to Greece, believes that asking Athens to maintain a surplus of that size for...

  • WASHINGTON, April 14- The U.S. Senate Agriculture Committee on Thursday approved a reauthorization of the Commodity Futures Trading Commission, nearly three years after the legislative authority for the country's commodities and swaps regulator expired. The head of the CFTC, Timothy Massad, praised the committee for clearing the way for the full Senate to...

  • NEW YORK, April 14- A top official of a New York City suburb was charged on Thursday with defrauding investors who helped finance a controversial minor league baseball stadium, in what authorities called the first criminal securities fraud prosecution involving municipal bonds. Christopher St. Lawrence, the elected supervisor of Ramapo, New York, was charged...

  • LONDON, April 14- Many of the investors who queued up to lend France money for the next 50 years this week may never live to see it paid back. Those that signed up to Ireland's 100- year bond a fortnight ago almost certainly won't. "The timing is excellent," Martin van Vliet, senior rate strategist at ING said.

  • NEW YORK, April 14- U.S. benchmark Treasury debt yields rose to two-week highs on Thursday, in line with gains in crude oil futures and global stock prices ahead of an afternoon sale of 30- year government bonds. Oil rose slightly on Thursday after the International Energy Agency trimmed its forecast for demand growth but said a fall in oil output in the United...

  • NEW YORK, April 14- After lagging a six-year healthcare sector run fueled by fast-growing biotech companies, Johnson& Johnson shares have beaten the group in 2016 as investors turn to safety in rocky equity markets. But with the stock price now hovering near its $110.35 record high, that strategy may be in doubt. said Arthur Henderson, portfolio manager of the...

  • NEW YORK, April 14- Two Ramapo, New York, officials have been indicted in what the federal government believes is the first criminal securities fraud prosecution involving municipal bonds. A 22- count indictment unveiled on Thursday charges Christopher St. Lawrence, the town supervisor, and N. Aaron Troodler, former executive director of the non-profit Ramapo...

  • Treasury debt prices pared losses slightly after the release of a weaker-than-expected March U.S. consumer price index survey on Thursday. U.S. consumer prices rose 0.1 percent in March, missing economists' expectations, and underlying inflation slowed, suggesting the Federal Reserve will remain cautious about raising interest rates this year.

  • Valeant said on Tuesday that it had until June 11 to file the report, under its bond agreements, but reiterated its intention to file it on or before April 29. S&P said it was encouraged by Valeant's "unwavering expectation" to file the annual report by April 29. Valent had long-term debt of about $30 billion as of Sept. 30, according to a regulatory filing.

  • NEW YORK, April 14- The FBI has arrested the town supervisor of Ramapo, New York, whose municipal bonds have been at the center of an investigation of potential securities violations, an agency spokeswoman said on Thursday. During the May 2013 operation, the FBI seized material on the town's finances since 2009 and bonds issued by Ramapo and the Local Development...

  • April 14- JPMorgan Chase& Co's asset management arm said it has taken a passive, minority stake in New York- based exchange-traded fund provider Global X Management Co LLC. ETFs account for $3 trillion globally. JPMorgan Asset Management, which manages $1.7 trillion, launched its first seven U.S.

  • The Federal Bureau of Investigation arrested Christopher St. Lawrence, the town supervisor for Ramapo, which is located 28 miles northwest of New York City, agency spokeswoman Kelly Langmesser said.

  • FBI ARRESTS TOWN SUPERVISOR OF RAMAPO, NEW YORK, FOLLOWING PROBE RELATED TO MUNICIPAL BONDS--FBI SPOKESWOMAN.

  • LONDON, April 14- Euro zone government bond yields rose on Thursday after a previous estimate that the bloc's consumer prices fell last month was revised upwards to show inflation was zero. Ireland smoothly sold 750 million euros of 10- year bonds, wrapping up a busier than expected week in terms of debt issuance, in which the Netherlands, France, Germany and Italy...

  • TOKYO, April 14- Japanese government bonds were mostly steady on Thursday, shrugging off a stock market rally and tepid demand at a 30- year auction. The Nikkei stock index ended up 3.2 percent at a more than two-week high. Japan's Ministry of Finance auctioned 800 billion yen of 30- year JGBs, at a record low average yield of 0.388 percent.