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By Inyoung Hwang and Whitney Kisling, Bloomberg |
April 17, 2013
Ten days of pessimism flared into gold’s worst rout since 1980 this week, with selling so strong it knocked the world’s third-biggest exchange-traded fund further below its asset value than any time in a year.
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By Alexis Leondis, Bloomberg |
April 16, 2013
BlackRock Inc., the world’s biggest money manager, said first-quarter earnings rose 10% as its exchange-traded stock funds drew client cash and assets increased.
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By Alexis Leondis and Christopher Condon |
March 13, 2013
Fidelity, whose ETF assets went from zero to $1.4 trillion in 20 years, is increasing reliance on BlackRock Inc.’s iShares to compete.
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By Alexis Leondis, Bloomberg |
January 17, 2013
BlackRock Inc., the world’s biggest money manager, said fourth-quarter earnings increased 24% as its exchange-traded funds drew client deposits and assets rose.
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By Rita Nazareth and Susanne Walker, Bloomberg |
December 13, 2012
U.S. stocks fell, halting a six-day rally in the Standard & Poor’s 500 Index, as the standoff in federal budget negotiations overshadowed a drop in jobless claims and growth in retail sales.
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By Joseph Ciolli and Lucy Meakin, Bloomberg |
October 9, 2012
The euro declined vs. most of its major counterparts as European Central Bank President Mario Draghi said the common-currency bloc faces risks from financial instability.
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By Inyoung Hwang and Julia Leite, Bloomberg |
July 17, 2012
U.S. stocks rose, erasing earlier losses, and commodities climbed as Federal Reserve Chairman Ben S. Bernanke said the central bank is prepared to act to boost growth if labor markets don’t improve. The Dollar Index erased gains while Treasuries retreated.
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By Christopher Condon, Bloomberg |
July 17, 2012
State Street Corp., the third- largest custody bank, agreed to buy the hedge-fund administration unit of Goldman Sachs Group Inc. to boost growth as second-quarter revenue fell amid declining global markets and record low interest rates.
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By Joseph Ciolli, Bloomberg |
June 25, 2012
The euro weakened before a European Union summit later this week and as Italy and Spain prepare to sell debt tomorrow amid concern Europe’s fiscal crisis is infecting bigger economies.
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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
