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TIPS Flunk Inflation Test as Gasoline, Groceries Overtake Government's CPI
Treasury Inflation Protected Securities aren't living up to their name for bond investors who say they can't trust the way the U.S. government calculates the rising cost of consumer goods.
News Corp announces plans to privatise set top box maker NDS
Media moghul Rupert Murdoch-owned News Corp has announced plans to privatise its pay TV encryption technology company, NDS Group.
Fidelity names former Morgan exec CIO
Fidelity Investments of Boston today named Daniel Petrozzo chief information officer.
Goldman benefits from 'flight to quality' in prime brokerage biz
The credit crunch and near-collapse of Bear Stearns has triggered a "flight to quality" in the prime brokerage business as hedge funds shift assets to the largest, most financially stable investment and ...
Inflation threatening global growth
There is nowhere to hide from inflation. Prices in one in four countries, many of them in emerging markets, are accelerating at a double-digit pace, which puts them at least two and a half times the 4 percent ...
Firms warned of auction-rate market's failure
At least five Wall Street firms warned Massachusetts officials -- but not most individual investors -- before February's collapse in the market for a type of bond that many had viewed as safe investments, The ...
Morgan Stanley to raise some $900 million via MSCI stake sale
In a move that would raise about $900 million, Morgan Stanley plans to sell about half of its ownership interest in index provider and investment-research firm MSCI Inc., the companies said Wednesday.
The Ratings Game: Goldman cuts NYSE from strong buy list; brokers started at Morgan
Shares of NYSE Euronext slipped more than 4% on Tuesday after Goldman Sachs analysts crossed the exchange stock off their closely watched conviction buy list.
U.S. Manufacturing Unexpectedly Grows; Prices Rise to Highest in 29 Years
U.S. manufacturing grew in June and a measure of prices jumped to a 29-year high, underscoring the Federal Reserve's concern that economic growth will be accompanied by faster inflation.
Financial Stocks: Merrill, Morgan worries weigh on banking sector again
Financial stocks slipped lower in early trade Monday, after renewed concerns about investment banks Merrill Lynch & Co.
Lehman up after Morgan Stanley's overweight rating
Lehman shares were up 4.1 percent at $20.62 in extended- hours trading after Morgan's initiation of Lehman shares at an "overweight" stock rating.
The Curious Case of Herman Arbizu, Cont'd
I've now seen various complaints that JP Morgan filed against rogue private banker Hernan Arbizu in the Southern District of New York, which between them clear up a few of the many questions in this case.
Morgan Stanley Wallowing In Risk
One wonders what Morgan Stanley 's ex-Chief Executive Phil Purcell is thinking now that the firm's risk-taking has come home to roost.
Moody's warns it may downgrade Morgan Stanley
Moody's Investors Service may downgrade Morgan Stanley, the ratings agency said Friday, citing big trading losses recently that have undermined confidence in the investment bank's risk management.
Wall Street pares losses in volatile trading
Wall Street pared its losses late Friday as the approaching end of the quarter had investors picking up stocks to close out their portfolios - the practice widely known as window dressing.
NEW Just over a year after leaving FrontPoint Partners, the New York...
A little over a year after leaving FrontPoint Partners, the New York-based firm he co-founded that now is owned by Morgan Stanley, Michael C. Litt is back, orchestrating the development of a new institutional ...
Public relations, press release distribution, investor relations, SEC filing
On June 20, 2008, the Korea Import Beef Association released a statement declaring that while the importers believe that U.S. beef from cattle of 30 months of age - LONDON-- --Please be advised that the ...
Mkts crash, Sensex at a 10-mth closing low
Mumbai, June 23: The Markets continued their downward trend on Monday with benchmark Sensex shedding over 270 points to its 10-month low of 14,293.32 on selling pressure which was strengthened by a global ...
Fifth Third dives on capital raise, sector heads lower
U.S. financial stocks lost more ground Wednesday afternoon as investors fretted over news of regional bank Fifth Third Bancorp's bid to raise $2 billion while Morgan Stanley posted a 60% drop in its quarterly ...
Back to School: A Veteran Goes from Iraq to College
Editor's Note: Many veterans who are coming home to unemployment, home foreclosures, and food stamps are fighting for the one thing that can get them back on top- an education.