Bloomberg

Bloomberg
Displaying 12818 results
NEWS WIREHOUSES MAY 16, 2007
Merrill promotes two in private equity

Merrill Lynch & Co. Inc. has announced that it will expand its private equity efforts and promote two managers.

INVESTING ETFS MAY 15, 2007
Claymore to launch Morningstar ETFs

Morningstar Inc. has announced that Claymore Securities Inc. has licensed three Morningstar Super Sector Indexes to create three new exchange traded funds.

INVESTING ALTERNATIVES MAY 15, 2007
Bernanke warns against 'ad hoc' rules

The Federal Reserve chief today warned against creating "ad hoc" securities regulations—especially for derivatives or hedge funds.

INVESTING ALTERNATIVES MAY 15, 2007
Fortress plunges 52% in first quarter

The first hedge fund to go public today posted a 52% drop in first-quarter net income.

NEWS INDUSTRY NEWS MAY 15, 2007
HSBC takes first-quarter hit

Rising credit losses and lower trading results took a $35 million bite out of HSBC USA Inc.’s profits during the first quarter.

NEWS INDUSTRY NEWS MAY 15, 2007
Euronext books record revenues

Euronext, a subsidiary of exchange operator NYSE Euronext, reported record quarterly revenues of $419.8 million, up from $364.5 million the prior year.

INVESTING ALTERNATIVES MAY 15, 2007
Grassley calls for hedge fund registration

The Senate Finance Committee's top Republican today introduced legislation requiring hedge fund advisers to register with the SEC.

NEWS WIREHOUSES MAY 15, 2007
Fidelity unveils three Advisor funds

Fidelity Investments today added international real estate, Canada and small cap funds to their Advisor fund roster.

NEWS WIREHOUSES MAY 14, 2007
Bear Stearns writes off $225M for specialists

With floor traders at the New York Stock Exchange fast becoming obsolete, Bear Stearns Cos. Inc. said today that it would write down the value of its specialist business by $225 million, according to Crain's New York Business.

NEWS WIREHOUSES MAY 14, 2007
Fidelity adds to AMT tax-free funds

Fidelity Investments, the biggest U.S. mutual fund company, today announced the launch of two new share classes of Fidelity California, Massachusetts, New Jersey and New York AMT Tax-Free Money Market Funds.