Mutual Funds
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What's Wrong with Today's Earnings Picture?
By Simon Maierhofer, Simon MaierhoferA look at why bear markets are often the best auditors.
July 28, 2010
Durable Goods Orders for June Fell for Second Month in a Row, Down 1.0% From MayFor the second month in a row, new orders for manufactured durable goods in June fell, posting a loss of $2.0 billion, or 1.0%, following a 0.8% decrease in May, the Commerce Department reported.
July 28, 2010
AllianceBernstein, Fannie Mae Start Off Q2 Earnings for First Week of AugustWhile the bulk of second-quarter 2010 earnings were released in July, a number of financial companies plan to report their latest results in the first week of August, starting with AB and FNMA.
July 26, 2010
Electronic Trading Group Buys Asset ManagerKnight Capital Group, Inc. is getting into the business.
July 26, 2010
New Home Sales Rose 23.6% in June in Unexpected Rebound From May's Record LowNew home sales rose to a rate of 330,000 sold in June, 23.6% higher than the historically low revised rate of 267,000 homes sold nationwide in May, the U.S. Commerce Department reported Monday, July 26.
July 23, 2010
T. Rowe Price Earnings Fall Short of Analyst ExpectationsT. Rowe Price (TROW) reported net income of $158.5 million, or $0.59 per share, for the second quarter, an increase of 55% from the same time last year. Despite the increase, earnings fell short of analyst expectations.
July 23, 2010
Vanguard Sees Positive Signs for Retirement AccountsMutual fund giant Vanguard says many of its participants in 401(k) and other defined contribution plans are "well positioned for retirement security" in an annual analysis of defined contribution retirement plans.
July 23, 2010
Wells Fargo Shares 2010 Outlook: 'Little Upside'The Wells Fargo Advisors’ Advisory Services Group, led by chief macro strategist Gary Thayer, has just released its 2010 Midyear and Economic Outlook,…