Investments

The world's largest asset management firm will be the first company to list securities on a BATS Global Markets electronic venue that now competes for listings on the New York Stock Exchange and Nasdaq Stock Market.

The world's largest asset management firm will be the first company to list securities on a BATS Global Markets electronic venue that now competes for listings on the New York Stock Exchange and Nasdaq Stock Market.

The Dow Jones Industrial Average trimmed 13 points to finish at 12,449.45 while tech stocks continued their recent resurgence on the heels of a pair of encouraging economic reports.

The Internal Revenue Service’s initiative to determine whether municipal bonds are being initially offered at prices that fail to comply with tax requirements has left issuers upset and confused about the definition of issue price and what specific abuses the IRS is looking for.

With performance under par, hedge fund managers got smaller year-end bonuses for 2011, according to the Hedge Fund Compensation Report.

Drum roll, please.

The Dow Jones Industrial Average closed up 70 points to 12,462.47 Tuesday, the fourth positive session in six trading days so far this year. Tech stocks also perked up as the Nasdaq rallied up 26 points to finish at 2,702.50.

NYSE Euronext said it had not been notified by the European Commission of any “official decision” on its merger with Deutsche Boerse, after a pair of media reports that the nearly year-old deal will not be approved on anti-competition grounds.

With performance under par, hedge fund managers got smaller year-end bonuses for 2011, according to the Hedge Fund Compensation Report, released Tuesday.

When it comes to bond funds — or any mutual funds — past performance is not the best way to analyze them. Instead, S&P Capital IQ Analyst Todd Rosenbluth suggests investors should consider the credit risk of the underlying bonds, as well as a fund’s duration, i.e. price sensitivity to changes in interest rates.

The fund invests at least 80% of the value of its net assets in a diverse equity portfolio, with a focus on larger companies with market capitalizations equal to or more than $1 billion.

PIMCO is continuing to build out its active equities platform with the launch of two new funds: the Dividend and Income Builder Fund and the EqS Dividend Fund.

PIMCO is continuing to build out its active equities platform with the launch of two new funds: the Dividend and Income Builder fund and the EqS Dividend fund.

NYSE Euronext said the volume of trading in stocks it handles in the United States fell 10.6% in December.

U.S. stocks moved slightly higher Monday as the Dow Jones Industrial Average rose 32.77 points to finish at 12,392.69 while the Nasdaq and S&P 500 added 2.34 points and 2.89 points, respectively.

Standard & Poor’s Capital IQ research unit said it has developed a method of forecasting negative and positive earnings surprises of a magnitude of 5% or larger.

Morningstar is no longer just looking backwards – focusing on three-, five- and 10-year returns. The fund ratings giant is now looking ahead to the future, as well.

FINRA has asked the SEC to allow it to assess its muni members quarterly fees based on the par value of their reported transactions to help fund the Governmental Accounting Standards Board, despite protests from issuers and dealers.

When it comes to bond funds — or any mutual funds — past performance is not the best way to analyze them. Instead, S&P Capital IQ analyst Todd Rosenbluth suggests investors should consider the credit risk of the underlying bonds, as well as a fund’s duration.

Morningstar is no longer just looking backwards -- focusing on three-, five- and 10-year returns. The fund ratings giant is now looking ahead to the future, as well.