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By Christopher Condon, Bloomberg |
June 26, 2012
Exchange-traded funds are posing a new threat to the $7.8 trillion active mutual fund market by challenging the notion ETFs only track benchmarks.
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By Rita Nazareth, Bloomberg |
June 22, 2012
U.S. stock futures rose, after the second-biggest loss in the Standard & Poor’s 500 Index this year, as the downgrade of 15 global banks by Moody’s was followed by rallies in financial shares.
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By Christopher Condon, Bloomberg |
May 31, 2012
If you are convinced, really convinced, the price of crude oil will rise today and U.S. stocks will fall, Factor Advisors LLC has an exchange-traded fund for you
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By Joe Carroll and Jim Polson, Bloomberg |
May 2, 2012
Chesapeake Energy Corp. Chief Executive Officer Aubrey McClendon told investors he’s “deeply sorry” for distractions surrounding his personal finances as shares fell the most in three years.
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By Joe Carroll, Bloomberg |
April 26, 2012
Chesapeake’s board backed away from a week-old endorsement of Chairman and CEO Aubrey McClendon’s practice of using personal stakes in company wells to secure loans, pledging now to investigate the transactions.
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By Joe Carroll, Bloomberg |
April 26, 2012
Exxon Mobil Corp., the world’s largest energy company by market value, said net income fell 11 percent as its biggest first-quarter production decline since 2008 wiped out most of the benefit of record oil prices.
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By Joe Carroll, Bloomberg |
April 23, 2012
Chesapeake Energy Corp. Chief Executive Officer Aubrey McClendon has been adding oil fields to his personal holdings faster than he can find cash to drill them. He’s steering the company down the same road.
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By Alexis Xydias, Bloomberg |
April 3, 2012
Laurence D. Fink, who built BlackRock Inc. into the world’s biggest asset manager, is seeking to spread the firm’s clout to the wider public.
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By Susanne Walker, Bloomberg |
March 9, 2012
Bill Gross, who runs the world’s biggest bond fund at Pacific Investment Management Co., cut holdings of Treasuries last month for the first time since eliminating the securities from his portfolio in February 2011.
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By Joshua B. Deringer, Stephen D.d. Hamilton, David M. Matteson |
February 1, 2012
Although demand is growing for managed futures mutual funds, regulators still need to harmonize rules to close the deal