Manulife Financial Corporation has announced: that the Funds’ boards of directors have approved a proposal for each Fund to, among other things, grant securityholders an additional option to allow them to continue their investment in …
Search Results for: performance
August 22, 2013
There was a NASDAQ whoopsy today: Computer breakdowns shook American equity markets again today as malfunctioning software that feeds data between exchanges prompted Nasdaq Stock Market to halt trading in thousands of stocks and options. …
August 21, 2013
Goldman Sachs had an options whoopsy yesterday: For all the efforts to shore up electronic markets in the aftermath of one of America’s biggest trading catastrophes, yesterday’s options malfunction by Goldman Sachs (GS) Group Inc. …
August 20, 2013
The story so far: The yield on the benchmark 10-year Treasury note rose to 2.88 percent late yesterday, reaching two-year highs for a third consecutive day, as investors become increasingly convinced the Fed next month …
DBRS Concerned About BCE
DBRS has announced: Since DBRS’s latest report on Bell Canada, Industry Canada has restated its intention of establishing four wireless carriers in each region of the country. DBRS notes that a viable fourth competitor with …
August 19, 2013
There are worries about more unintended consequences of tighter regulation: Regulations aimed at reducing the risk of another financial crisis are starting to upend a key part of the bond market that expedites trading in …
August 16, 2013
The Great White Short?: Foreign investors went on an unprecedented selling spree of Canadian bonds in June, offering further evidence of Canada’s fading international appeal. A record $19-billion decline in foreign-held bonds, more than double …
August 15, 2013
The sale of Aviva’s US unit to Apollo has been approved with substantially the same conditions as the Sun Life – Guggenheim deal: The key heightened policyholder protections to which Apollo agreed include: Heightened Capital …
August 14, 2013
Vasco Cúrdia (San Francisco Fed) and Andrea Ferrero (New York Fed) write a provocative note titled How Stimulatory Are Large-Scale Asset Purchases?: In November 2010, the Fed’s policy committee, the Federal Open Market Committee (FOMC), …
August 13, 2013
Everything is Morgan Stanley’s fault! Institutional investors’ allocations to dollar-denominated bonds have dropped to the lowest level since 2007 as strategists at Morgan Stanley and JPMorgan Chase & Co. see a shift away from the …