Mutual Funds
Stay on top of mutual fund news, including in-depth articles and analysis on stock, bond and balanced funds, as well as target date funds and more.
Construction Unemployment Rate Hits 17.3%
By James J. GreenThere were 11,000 jobs lost in the construction industry between June and July 2010, raising that key industry's unemployment rate to 17.3%, compared to an overall jobless rate of 9.5%, the Labor Dept. reported.
August 06, 2010
Consumer Credit Fell 0.7% in JuneThe Federal Reserve reported Friday, August 6, that total consumer credit outstanding fell 0.7% in June to $2,418.5 billion from $2419.8 billion in May, a decrease of $1.3 billion.
August 06, 2010
U.S. Jobs Held Flat in July; 9.5% Unemployment Rate UnchangedThe number of jobs fell by 131,000 in July, leaving the U.S. unemployment rate flat at 9.5% compared to June and the number of unemployed persons unchanged, the Labor Department reported Friday, Aug. 6.
August 06, 2010
Allianz SE Loses Profits, as PIMCO Helps Unit Double EarningsThe European insurer's North American life insurance unit says premiums were "ahead of expectations."
August 05, 2010
The Hartford Beats Earnings Estimates, Lowers EPS OutlookThe Hartford Financial Services Group (HIG) reported second-quarter 2010 net income of $76 million, or $0.14, vs. a year-ago net loss of $15 million, or $(0.06) per diluted share.
August 05, 2010
How to Get Clients Back on TrackThe bear market set back many clients' portfolios and retirement plans. We asked two top advisors to share recent cases in which they helped clients get back on track.
August 05, 2010
Calamos Boosts Earnings on Higher Average AssetsThe company says net outflows from Calamos' SMA accounts were in line with expectations; in the first quarter, the fund manager increased account minimums for convertible-based strategies.
August 04, 2010
Advice Column: Using Dividend ETFs for Stability and IncomeA dividend can help cushion market volatility and provide income to boot.