In February, S&P Equity Analyst Scott Kessler raised his fundamental outlook on the internet software & services industry to positive from neutral, reflecting what he views as a stabilized global economy that would contribute to more overall advertising spending, an increasing percentage of related budgets being committed to the Internet (versus so-called traditional media), and pricing for associated online offerings that is showing signs of improvement
A weak economy, a poor equities market and low interest rates have been a boon to high-yield junk bonds.
A prohibition on market orders for exchange-traded funds would help prevent another “flash crash,” ETF providers told attendees at an industry gathering in New York this morning.
Bond returns are exceeding stock gains by the widest margin in nine years as optimism that greeted the year evaporates and investors around the world question the strength of the economic recovery.
The SPDR Barclays Capital International Corporate Bond ETF Ticker:(IBND) began trading on the New York Stock Exchange Arca today.
James Boyle the third former Merrill exec to depart Chicago-based firm in a year
For the last several months, the markets have been behaving as though the global economy were about to slip into a double-dip recession.
The Securities and Exchange Commission is examining the burgeoning business of financial advisers' selling model portfolios of exchange-traded funds.
Regulator eyes cozy relationship between asset managers and hedgies, PE execs; 'proactive approach'
Stanley Druckenmiller, the hedge- fund icon who boasts one of the best long-term trading records and the distinction of having made $1 billion for George Soros by forcing a devaluation of the British pound in 1992, is closing his firm after 30 years.
Global financial market returns stand at the threshold of mediocrity. With bonds priced not for recession but near depression, most major global bond indices now yield less than 3%, surely a forerunner of returns to come.
With plenty of cash, private-equity funds are on the prowl; 'deal activity accelerating'
Chairman of Hodges Capital Management contends that change in fund's category cost firm $83 million in outflows
AllianceBernstein Holding LP, Franklin Resources Inc. and Waddell & Reed Financial Inc. are the three publicly traded mutual fund companies with the most at stake pending the SEC's 12(b)-1 reform.
Default, dear Brutus, is in Pennsylvania, as capital city will miss payment on bond; Ambac to cover
Bill marks first attempt to update law since 1986; would likely lead to fewer amended returns
Chalk up another hard-earned lesson from the financial crisis: Investors in limited partnerships, the structure of choice for most alternative investments, discovered that giving up liquidity in exchange for higher returns wasn't such a good idea after all.
Over the past 30 years, investors have achieved diversification through a blend of stocks, high-quality bonds and cash.
