Bloomberg

Bloomberg
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NEWS INDUSTRY NEWS MAY 23, 2007
Eaton Vance IPO erodes 2Q profits

Eaton Vance Corp. reported a 42% fall in profits for the<br>second quarter today.

RETIREMENT LIFE INSURANCE AND ANNUITIES MAY 23, 2007
Aon CFO to depart

Aon Corporation announced today that chief financial officer David P. Bolger will leave the Chicago-based insurance broker after the appointment of his successor.

INVESTING ALTERNATIVES MAY 23, 2007
UBS sued by ex-hedge fund

Defunct hedge fund Wood River Partners LP is suing its prime broker, UBS, for $200 million.

INVESTING ETFS MAY 23, 2007
Lipper launches target-risk ETFs

Lipper Inc. of New York announced today it has created a suite of target-risk fund benchmarks made up exclusively of exchange traded funds.

INVESTING ETFS MAY 22, 2007
Euronext profits down, revenues up

Euronext NV today reported a 4.4% profit loss during the first quarter, due to a reclassification of the company&#8217;s stake in LCH.Clearnet.

INVESTING ALTERNATIVES MAY 22, 2007
Hedge funds return 2.04% in April

Hedge fund returns were up in April but fell short of several leading major indicators.

NEWS WIREHOUSES MAY 22, 2007
JPMorgan Chase debuts ADRs

JPMorgan Chase &amp; Co. has launched 12 indexes comprising exchange-listed American Depositary Receipts and Global Depositary Receipts.

NEWS WIREHOUSES MAY 21, 2007
Merrill may reorganize in wake of departure

Merrill Lynch &amp; Co. Inc. plans to reshuffle the leadership structure of its markets and investment banking operations, according to a Financial Times report.

INVESTING ALTERNATIVES MAY 21, 2007
Merrill buys big stake in GSO hedge fund

Merrill Lynch &amp; Co. Inc. is purchasing a 20% minority stake in a hedge fund with $8 billion in assets under management.

INVESTING ETFS MAY 21, 2007
Vanguard files for fifth ETF

The Vanguard Group Inc. announced it filed a registration statement with the SEC for its fifth international exchange traded fund.