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The 19th Century London financier Nathan Rothschild is credited with having said, "The time to buy is when blood is running in the streets."
April 27 -
NEW YORK - After suffering deep losses in their retirement savings accounts, most Americans appear to be in a state of shock, unsure where to move next.
April 27 -
Morningstar is acquiring the equity research and data business of Computerized Portfolio Management Services of Toronto for C$16.1 million. The companies expect to complete the sale in the second quarter.
April 27 -
While Denver-based Janus Capital Group said its net profit for the first quarter fell 93%, its outflows have stabilized and executives remain optimistic that the company is in a good position for a future economic recovery.
April 24 -
Total assets in money market mutual funds fell for the third straight week, dropping $11.34 billion to $3.806 trillion for the week ending April 22, according to the Investment Company Institute.
April 24 -
Federated Investors reported first quarter profits of $35.1 million, or 34 cents per diluted share, down 37% from $35.1 million, or 54 cents per diluted share, in the first quarter of 2008.
April 24 -
Fidelity Investments has promoted Brian B. Hogan to president of the equity division of Fidelity Management & Research Co., the investment advisor to the firms mutual funds. A 15-year veteran of Fidelity, Hogan most recently was senior vice president of equity research.
April 24 -
TD Asset Management has launched the TD AM Global Sustainability Fund, which is available only to institutional investors.
April 23 -
Commenting on the House Savings Recovery Act introduced this week, Rep. Ed Royce (R-Calif.) said, Along with our struggling economy, over the past 16 months, millions of Americans have seen their personal savings and retirement accounts hit hard. Americans should be given every opportunity to help rebuild their savings.
April 23 -
The Sixty Minutes segment on 401(k)s that slammed them as being mediocre offerings with hidden fees is not the only shot being taken at the defined contribution modelnot by a long shot.
April 23