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SEC rejects NYSE proposal to list 'non-transparent' ETFs (Fri, 24 Oct 2014 22:04:06 GMT)

NEW YORK (Reuters) - U.S. regulators on Friday rejected a proposal from the NYSE Arca exchange to be able to list and trade actively managed exchange-traded funds that do not have to disclose their...

Speculative Eurodollar net shorts sag to lowest since December (Fri, 24 Oct 2014 20:55:52 GMT)

(Reuters) - Speculative net short positions in Chicago Mercantile Exchange's Eurodollar futures fell to 718,781 contracts in the latest week to their lowest since December, according to Commodity...

Washington tweaks retirement fund policy to encourage annuities (Fri, 24 Oct 2014 14:29:12 GMT)

WASHINGTON (Reuters) - The U.S. Treasury Department said on Friday it was tweaking its policy for retirement funds to encourage savers to buy annuities, a measure aimed to keep them from outliving...

Inflows to U.S.-based stock mutual funds outpace ETFs: Lipper (Thu, 23 Oct 2014 22:06:41 GMT)

NEW YORK (Reuters) - Investors in U.S.-based stock funds added net new cash to mutual funds in the week ended Oct. 22, a sharp contrast to the net withdrawals from exchange-traded funds over the same...

Wall Street watchdog, US states mull new system to clean up brokers' records (Thu, 23 Oct 2014 21:32:48 GMT)

LA QUINTA Calif. (Reuters) - Wall Street's industry-funded watchdog and U.S. state securities regulators are considering whether to develop a new type of regulatory process for brokers to follow for...

Fund star Gross arrives too late to halt third-quarter Janus outflows (Thu, 23 Oct 2014 19:32:15 GMT)

BOSTON (Reuters) - Janus Capital Group Inc said on Thursday that third-quarter profit rose 25 percent, but the mutual fund company posted more outflows of investor cash as the arrival of star bond...

Small U.S. stock funds beating larger rivals in choppy October (Thu, 23 Oct 2014 17:04:48 GMT)

NEW YORK (Reuters) - The biggest names in the U.S. mutual fund business are lagging the little guys in nearly every major domestic stock category over the last month, showing that some of the...

Janus CFO says compensation ratio could rise with Gross hire (Thu, 23 Oct 2014 15:28:01 GMT)

BOSTON (Reuters) - Janus Capital Group Chief Financial Officer Jennifer McPeek said on Thursday that the company's ratio of compensation to revenue could rise to around 45 percent if newly hired bond...

The COLA crunch: Why Social Security isn't keeping up with seniors' costs (Thu, 23 Oct 2014 12:14:57 GMT)

CHICAGO (Reuters) - Social Security’s annual inflation adjustment is one of the program’s most valuable features. But it’s time to adjust the adjustment.

Orange County Sanitation District dumps Pimco for new asset manager (Thu, 23 Oct 2014 12:11:11 GMT)

(Reuters) - The Orange County Sanitation District (OCSD), a wastewater treatment facility in California, became the latest institutional investor to move money away from bond giant Pimco, weeks after...

Bond funds stock up on Treasuries in prep for market shock (Thu, 23 Oct 2014 12:08:13 GMT)

BOSTON (Reuters) - U.S. corporate bond funds this year are adding Treasuries to their holdings at more than twice the rate of corporate debt amid concern that the struggling European economy and...

Buffett copycats risk a pounding as Berkshire portfolio suffers (Thu, 23 Oct 2014 12:06:23 GMT)

NEW YORK (Reuters) - It's not been a good time for Warren Buffett wannabes.

Earnings day is a moveable feast (Wed, 22 Oct 2014 21:43:11 GMT)

(Reuters) - If companies ran Christmas the way they run their earnings announcements, Santa Claus would usually come early, but when he is late, watch out!

Divided SEC adopts mortgage rule, decries lax lending (Wed, 22 Oct 2014 20:47:54 GMT)

WASHINGTON (Reuters) - U.S. securities regulators adopted a rule on Wednesday designed to avert another financial crisis, but two officials dissented, saying it did not do enough to discourage banks...

Fidelity star manager cuts Herbalife bet in third quarter (Wed, 22 Oct 2014 19:29:01 GMT)

BOSTON (Reuters) - One of Fidelity Investments' top stock pickers cooled on Herbalife Ltd in the third quarter, cutting his stake in the company after a profit miss and fresh allegations from...

German bank HSH currently set to pass ECB health check (Wed, 22 Oct 2014 18:43:09 GMT)

FRANKFURT (Reuters) - German lender HSH Nordbank, long seen at risk of failing European Central Bank tests of its financial stability, is currently set for a clean bill of health, three financial...

U.S. Bank names Thanh Nguyen vice president, private banker (Wed, 22 Oct 2014 17:40:06 GMT)

(Reuters) - U.S. Bank Wealth Management, a unit of U.S. Bancorp, named Thanh Nguyen vice president, private banker for its Private Client Reserve in Denver.

Janney Montgomery hires team of advisers from JPMorgan (Wed, 22 Oct 2014 17:24:08 GMT)

(Reuters) - Janney Montgomery Scott LLC, a provider of wealth management and investment banking services, said it hired a team of financial advisers from JPMorgan Chase & Co.

Putnam's Salm stays with successful bet on mortgages (Wed, 22 Oct 2014 16:19:43 GMT)

BOSTON (Reuters) - U.S. consumers are a better bet than their government, says Putnam Investments' Michael Salm.

U.S.-based stock funds post $5.8 billion outflows in latest week: ICI (Wed, 22 Oct 2014 15:59:34 GMT)

NEW YORK (Reuters) - Investors in U.S.-based mutual funds pulled $5.8 billion out of stock funds in the week ended Oct. 15 on concerns about global economic growth and fears over the spread of Ebola,...

U.S.-based stock funds post $5.8 billion outflows in latest week: ICI (Wed, 22 Oct 2014 14:09:36 GMT)

NEW YORK (Reuters) - Investors in U.S.-based mutual funds pulled $5.8 billion out of stock funds in the week ended Oct. 15, marking their biggest outflows since the week ended July 2, data from the...

Lufthansa says winter capacity to rise by 2.9 percent (Wed, 22 Oct 2014 12:22:24 GMT)

BERLIN (Reuters) - Lufthansa said it will be offering 2.9 percent more seats for the 2014/2015 winter schedule, a slight increase on previous plans for a 2 percent increase.

Air freight outlook improves, annual growth of 4.1 percent seen: IATA (Wed, 22 Oct 2014 09:51:47 GMT)

BERLIN (Reuters) - The outlook for air freight demand is improving after several years in the doldrums, the International Air Transport Association said on Wednesday.

Carl Icahn says high-yield 'junk' bond market in a bubble: CNBC (Tue, 21 Oct 2014 21:58:40 GMT)

NEW YORK (Reuters) - Billionaire activist investor Carl Icahn said on Tuesday he thinks the high-yield "junk" bond market is still in a bubble despite the asset class's recent selloff.

Ford Motor says will drop Pimco Total Return Fund from its 401k plan (Tue, 21 Oct 2014 21:30:00 GMT)

NEW YORK (Reuters) - Ford Motor Co said on Tuesday the company will drop the Pimco Total Return Fund from its 401k plan as a result of the sudden departure of Bill Gross.

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