The Wealthy Soul » north-america

BNY Mellon reports $2.5B loss on hefty charge to restructure …

admin — Tue, 20 Oct 2009 12:16:49 +0000

Returns on low risk investments , such as money – market accounts, have been minimal due to record low interest rates. That has forced BNY Mellon to waive fees on certain investments because the returns are so low. BNY Mellon, which owns mutual fund manager Dreyfus, said fee waivers cut in to profits by about 3 cents per share during the quarter. Revenue from foreign exchange and other trading activities fell 36 percent year-over-year to $246 million, but was up slightly …

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BNY Mellon reports $2.5B loss on hefty charge to restructure …

Key lawmaker proposes group liability for credit rating agencies …

admin — Wed, 30 Sep 2009 20:20:23 +0000

Their grades can be key factors in determining a company’s ability to raise or borrow money , and at what cost securities will be purchased by banks, mutual funds , state pension funds or local governments. ….. investment banking analyst at Fox Pitt Kelton, said: This year is shaping up to be the best year ever for investment banks, or at least those that have emerged relatively unscathed from the credit crisis. petrbuben E-Trade to sell stock , swap debt; deliquencies off …

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Key lawmaker proposes group liability for credit rating agencies …

New ways to think about post-meltdown investing: Diversify more …

admin — Mon, 21 Sep 2009 22:21:31 +0000

As the meltdown helped take out half the stock market’s value from its peak, investors and advisers began to question the time-honored strategies of the longest investing binge in American history, dating to the start of a bull market in 1982. …. At the height of the financial crisis, one large money – market mutual fund , the Reserve Primary Fund , exposed investors to losses because the fund bought debt of Lehman Brothers, which went bankrupt. …

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New ways to think about post-meltdown investing: Diversify more …

Agriculture futures drop on Chicago BOT, beef and pork prices …

admin — Mon, 31 Aug 2009 18:40:09 +0000

Springer. http://bit.ly/XOXCn; newsoverviews Article: “Financial Markets – Chicago Tribune” http://tinyurl.com/mbtqy2; vectracap Free Intraday Stock Tips 31-8-09 – Money Management, Financial Markets: Free Intraday Stock Tips 31-8-09. … Anglo-American Entities Have Most Concentrated Financial Power; questauthor A recent analysis of the 2007 financial markets of 48 countries has revealed that the worlds finances are in the hands of just a few mutual funds , banks, …

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Agriculture futures drop on Chicago BOT, beef and pork prices …

Meltdown 101: What kind of credit card reforms are starting to …

admin — Wed, 19 Aug 2009 22:13:38 +0000

June 16th, 2009 Meltdown 101: Reform plan’s impact on consumersAmerican consumers have fallen victim to one financial scandal after another in the past decade, from accounting fraud at Enron to illegal late trading by mutual funds to the …. JLC963 The Investment Opportunity of a Lifetime: In his book The New Paradigm for Financial Markets, Soros reveals that.. http://bit.ly/JQS6V; odanielpavon Stock futures point to a lower Wall Street open (AP) : AP – Pessimism about …

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Meltdown 101: What kind of credit card reforms are starting to …

Stocks cap an enormous July run with a mixed finish as economy …

admin — Fri, 31 Jul 2009 23:13:40 +0000

Profit reports push Dow to best July in 20 yearsNEW YORK — The stock market’s best July in 20 years is giving investors reason for hope about the economy. … The broader Standard & Poor’s 500 index, a benchmark for many mutual funds , also ran at a strong pace and July was its best performance since 1997. Even with the gains, the S&P is still down 37 percent from its peak in October 2007. The companies that fared best in July were those that signaled they were patching up …

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Stocks cap an enormous July run with a mixed finish as economy …

Obama rolling out new rules to oversee banks, Wall Street; hopes …

admin — Sun, 14 Jun 2009 14:07:04 +0000

—The emergence of large, lightly regulated markets, such as hedge funds , and of big insurers, such as AIG, without a federal overseer. The administration wants large private investment funds to register with the Securities and Exchange Commission and …..

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Obama rolling out new rules to oversee banks, Wall Street; hopes …