Mutual Funds
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Rydex/SGI Will Close Most Leveraged and Reverse ETFs
By Michael S. FischerRydex/SGI announced on April 23 that it would close 12 of its 14 leveraged and inverse ETFs, effective May 21.
April 28, 2010
LPL Financial Net Jumps 91% on 15% Revenue Rise in Q1EBITDA for the quarter rises 28% to top $100 million mark
April 28, 2010
Congress to Examine Impact of Greek Debt CrisisCongress to hold hearings on Thursday to explore the impact to U.S. and global markets.
April 27, 2010
Home Prices Fell Slightly in February, Case-Shiller Index ShowsThe Standard & Poor's/Case-Shiller Home Price Index of 20 cities showed Tuesday, April 27, that prices in February were down 0.1% from January on a seasonally adjusted basis.
April 27, 2010
Ameriprise, Waddell & Reed, and optionsXpress Post ResultsA trio of financial services companies reported their quarterly results on Tuesday, April 27. Ameriprise Financial and Waddell & Reed Financial posted solid earnings, while optionsXpress Holdings disappointed with a small drop.
April 27, 2010
Utilities Poised for Upside, Report Says, Despite Concerns over Higher Dividend TaxesTax rates on dividends could rise, but utility stocks have generally priced in such a change already. Plus, if the rate stays the same or only rises 5%, they could see a nice uptick, Bernstein Research suggests.
April 27, 2010
Utilities Poised for Upside, Report Says, Despite Concerns on Dividend TaxesTax rates on dividends could rise, but utility stocks have generally priced in such a change.
April 27, 2010
Goldman Trader Tourre Denies SEC Fraud Charges in Congressional TestimonyA Goldman Sachs vice president, Fabrice Tourre, who was named in the SEC's civil suit against Goldman, told a Senate Subcommittee on Tuesday, April 27, that he denies the SEC's allegations.