NEW YORK (AP) -- The disclosure statements that come with mutual funds can seem so impenetrable that many investors don't bother slogging through them and instead toss them aside. A proposal by regulators to change disclosure rules would likely mean
WILMINGTON, Del. (AP) -- ING Direct USA, a direct bank and unit of Netherlands-based ING Groep NV, said Monday it completed its acquisition of ShareBuilder Corp., an online financial services company. ING Direct will pay $220 million for privately he
WASHINGTON (AP) -- The term of choice in political giving these days is straight out of the world of finance -- donors have become "investors." Now, liberal California venture capitalists have come up with the natural corollary -- political "mutual f
As you'd expect from someone who writes a column called The Contrarian, I like to go against the grain and invest where others are fleeing. That's why I find a list of the funds with the greatest redemptions intriguing. The catch, though, is that som
LONDON (Reuters) - When gold reached dizzying heights above $800 a troy ounce in recent weeks, it cast a spotlight on a ritual that has taken place in London for the past 88 years. Twice a day, representatives of five banks pick up the phone to trad
Sentinel Investments, advisor to the Sentinel funds, said on Wednesday it would buy Citizens Funds, a socially responsible fund shop founded in 1992. Sentinel, which has not had any socially responsible funds in its lineup until now, plans to create
NEW YORK (AP) -- One of the safest and, lately, most attractive places for people to park some of their savings -- the money market account -- is suddenly looking a little less secure thanks to fallout out from the mortgage mess. Bank of America Corp
NEW YORK (Reuters) - Bank of America Corp (NYSE: - ), the second-largest U.S. bank, said on Tuesday it expects to write down $3 billion of debt in the fourth quarter as fallout from the nation's housing slump deepens. Nevertheless, shares rose as in
(Corrects dollar amount in 17th paragraph to $600 million from $500 million.) NEW YORK (Reuters) - Bank of America Corp (NYSE: - ), the second-largest U.S. bank, said on Tuesday it expects to write down $3 billion of debt in the fourth quarter as fa
The search for higher yields may lead you to bank loan funds, also known as floating rate funds or senior loan funds. While these bond funds carry impressive yields, they can be complicated and are not usually thought of as an especially good investm
NEW YORK (AP) -- Wall Street turbulence has thrown some cold water on what had been a hot IPO market, but analysts hope MSCI Inc., a spinoff of Morgan Stanley's indices and analytics business, can overcome broad investor pessimism when it debuts this
BOSTON (Reuters) - Money managers' stock prices fell on Friday morning as investors worried about how these companies might be affected by mortgage securities-related losses that have hurt many banks shares in recent days. State Street Corp. (NYSE:
Minyoung Sohn, manager of Janus Growth and Income (NASDAQ: - ) and Janus Fundamental Equity (NASDAQ: - ), has resigned, becoming the fifth high-profile manager to leave the Denver fund shop this year. Sohn, who joined Janus as an equity analyst in 19
BOSTON (AP) -- Moody's Investors Service on Wednesday maintained a high credit rating for Fidelity Investments, but also suggested the closely held company is overdue for governance reform and needs to answer questions about leadership succession. Th
Big returns and a balanced attack. The Marshall Mid-Cap Growth Fund brings both of these aspects to the table. It has taken an approach in search of companies that are not only in good condition, but that also present a set of easily understandable d
·Taiwan Permits Mutual Fund I
·Fund Seeks Out New Ideas, Ma
·Bank of America to Eliminate
·American Century Vista Crave
·Calpers' land quandary
·Taiwan Stock Market Rises 1.
·Hartford Financial 3Q Earnin
·Private equity
·Montana Documentary Highligh
·FINRA Fines Oppenheimer $1 M
·Mutual Funds Aimed at Childr
·How $800 Gold Hits Consumers
·Fund Seeks Out New Ideas, Ma
·Bank of America to Eliminate
·American Century Vista Crave
·Calpers' land quandary
·Taiwan Stock Market Rises 1.
·Hartford Financial 3Q Earnin
·Private equity
·Montana Documentary Highligh
·FINRA Fines Oppenheimer $1 M
·Mutual Funds Aimed at Childr
·How $800 Gold Hits Consumers
Funds
