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By Marlene Y. Satter, AdvisorOne |
May 11, 2012
CEO Jamie Dimon said that the office suffered an âegregiousâ failure and that losses from volatile synthetic credit securities could mount by another $1 billion in this quarter or the third.
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By CHRISTOPHER S. RUGABER, AP Economics Writer |
April 27, 2012
The GDP result, while showing slower growth than last quarter, suggests that the economy will continue to expand, slowly but steadily.
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By Marlene Y. Satter, AdvisorOne |
April 27, 2012
Spain suffered another downgrade as Standard & Poor's cut its sovereign credit rating and its unemployment rate rose to its highest level since the early 1990sânow one of the highest in the world.
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By Marlene Y. Satter |
March 2, 2012
The latest iShares debut, as well as details on a new REIT and the latest annuity introductions.
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By Marlene Y. Satter |
February 16, 2012
Moody's warned that it could downgrade the credit ratings of 131 institutions, including 17 banks and securities firms that have global operations as it reviews their long-term ratings and standalone credit assessments.
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By Gil Weinreich, AdvisorOne |
February 14, 2012
The question is whether the central banksâ combined $15 trillion bet will restore confidence in time for the economy to grow again, or whether the global economic system collapses, sending waves of pain on a scale greatly exceeding the fallout of the still unrecovered U.S. real estate market.
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By Marlene Y. Satter |
February 14, 2012
Italy was cut from A2 to A3, Spain went from A1 to A3 and Portugal dropped from Ba2 to Ba3. All received negative outlooks. Malta, Slovakia and Slovenia also saw their ratings fall.
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By Marlene Y. Satter |
January 27, 2012
New products over the last week include a new ETF focusing on German debt from ProShares and a reintroduced multi-asset income fund from BlackRock.
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By Marlene Y. Satter, AdvisorOne |
January 27, 2012
ProShares announced Thursday the launch of the first U.S.-based ETF focused on sovereign and sub-sovereign debt from Germany, which has the world's third-largest public debt market and is widely recognized for its fiscal strength.
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By Marlene Y. Satter, AdvisorOne |
January 10, 2012
European banks have found a new way to bring in cash. They borrow itâbut instead of turning to each other to bring in funds, they are borrowing it from companies that were once happy to deposit their excess cash in exchange for interest.