Why Wall Street Banks Are Breaking Up With Hedge Funds CNBC The official story line behind Wall Street firms selling off hedge funds is that the moves are driven by the Volcker Rule, which severely limited the level …
Shares subdued, Aristocrat falls on Wilkie’s pokie plan
It was a cautious day’s trade ahead of employment figures out in the US tonight, but the chance of increased poker machine regulation and various shareholder legal actions drove some stocks lower.
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Mortgage Bonds Lose Ground With Home Refi Boom: Credit Markets
Fannie Mae, Freddie Mac and Ginnie Mae bonds tied to home loans returned 34 basis points, or 0.34 percentage point, less than U.S. debt last month, Barclays Capital indexes show. Fannie Mae’s 6.5 percent bonds maturing in about 24 years fell 0.75 cent last month to 108.9 cents on the dollar as 4.5… Investing – Business – Mutual fund – Dot-com bubble – Funds
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Latin American Markets: Brazil, Mexico stocks rise as global data brighten
Stocks and currencies in Brazil and Mexico climb Wednesday, fueled by better-than-expected manufacturing and growth reports from China, the U.S. and Australia.
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