Mutual Funds articles:

Just Remember, Everything Is Possible (Ahead of the Curve)


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mutual, stocks

Published Sept. 17, 2009 at 11:00 p.m.
521044-just-remember--everything-is-possible--ahead-of-the-curve

On the first anniversary of the terrorist attacks of Sept. 11, 2001, President Bush came to ground zero in lower Manhattan to solemnly commemorate the tragedy. As far as I know he never did anything like that again, and this year on the anniversary President Obama didn't do anything in particular ... But this week Obama did travel to ground zero to commemorate the first anniversary of the fall of Lehman Brothers. I guess presidents have short memories. I guess we all do ... I say all this with

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ETFs Finish Broadly Higher With Market Rally (Daily ETF Wrap-Up)


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calls, funds, options, securities, stocks

Published Sept. 17, 2009 at 11:00 p.m.
521057-etfs-finish-broadly-higher-with-market-rally--daily-etf-wrap-up

Market Wrap-Up ... Stocks had another strong showing Friday as consumer names pushed the Dow up 2.2% and boosted the Nasdaq 2.5% for the week. Almost all ETFs that don't bet against the market finished in positive territory ... The Dow Jones Industrial Average picked up 36 points Friday to close at 9820. The Nasdaq climbed 6 to finish at 2133, and the S&P 500 rose 3 to 1068 ... "Now that we've seen that Armageddon didn't happen, there's a massive re-evaluation of risk, said Brian Peardon, an

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Cohen & Steers Closed-End Funds Declare September 2009 Quarterly Distributions (PR Newswire)


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funds

Published Sept. 15, 2009 at 10:48 p.m.

The board of directors of each Cohen & Steers closed-end fund has declared a quarterly distribution payable on September 30, 2009 to shareholders of record as of September 23, 2009 ...

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The $4 Trillion Rescue You Should Be Grateful For (Common Sense)


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funds, mutual, securities

Published Sept. 14, 2009 at 11:00 p.m.
512106-the--4-trillion-rescue-you-should-be-grateful-for--common-sense

The failure of Lehman Brothers will rightly go down as one of the pivotal events of financial history, but it has largely overshadowed another earth-shaking event that remarkable week a year ago—one with far more immediate impact on the average investor ... On Tuesday of that week, Sept. 16, 2008, the Reserve Primary Fund, the country’s oldest money-market mutual fund, and one of its most prominent, officially broke the buck, meaning its net asset value fell below $1 a share. It was the

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The Crash: How People Are Coping a Year Later (On the Street)


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funds

Published Sept. 14, 2009 at 11:00 p.m.
512112-the-crash--how-people-are-coping-a-year-later--on-the-street

Lehman Brothers, once the fourth-largest investment bank in the U.S., filed for bankruptcy a year ago today. The bank’s collapse triggered a massive selloff in the stock market and cut many investment portfolio values in half. It also marked the beginning of the biggest financial crisis to affect Main Street since the Great Depression ... As the unemployment rate rose to its highest level in 26 years, millions of Americans lost their homes to foreclosure and turned to unemployment benefits to

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Best Buy Miss Puts Future on Layaway (Market Update)


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funds, puts

Published Sept. 14, 2009 at 11:00 p.m.
512109-best-buy-miss-puts-future-on-layaway--market-update

Profits Take Hit, But Best Buy Raises Guidance ... Recent economic reports indicate that the recession probably ended over the summer, and consumers may finally start heading back to the malls this fall, providing retailers a much-needed sales lift. But will they open their wallets for big-screen TVs, home theater systems and video-game consoles — goods that can cause marital strife when household budgets are tight? That’s the question traders will put to Best Buy (BBY), which reported

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How the Crash Changed Lives: Readers' Tales (On the Street)


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bonds, calls, funds, options, stocks

Published Sept. 14, 2009 at 11:00 p.m.
512098-how-the-crash-changed-lives--readers--tales--on-the-street

It’s an anniversary that hardly anyone would celebrate ... But when it comes to the crash of 2008, marked by the collapse of Lehman Brothers, one thing is certain: No event in recent history changed the lives of Americans quite as much ... Recently, we asked SmartMoney.com readers to tell us on how the crash changed their lives. We received many letters, each with a unique story, but all with one underlying theme: taking charge of your financial life. Some of you dumped your broker and started

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3 Ways to Thwart ID Thieves at the Mall


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funds

Published Sept. 13, 2009 at 11:00 p.m.
510399-3-ways-to-thwart-id-thieves-at-the-mall

Doing any shopping this fall? Crime goes up in a down economy, and credit and debit card users are playing the victim. Identity theft is on the rise—last year 9.9 million consumers had their data stolen, a 22 percent jump from 2007. A few ways to better protect your wallet: ... SHOP THE BIG NAMES ... With more than 70 retailers and payment processors since 2006 reporting breached customer data, it’s no surprise consumers look for certified safety seals like VeriSign and Trust Guard on retail

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ETFs Get Slight Boost Following Obama Speech (Daily ETF Wrap-Up)


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calls, funds, securities, stocks

Published Sept. 13, 2009 at 11:00 p.m.
512097-etfs-get-slight-boost-following-obama-speech--daily-etf-wrap-up

Market Wrap-Up ... Stocks edged up in Monday afternoon trading, notching mild gains as most ETFs stayed flat or saw small movement ... President Barack Obama delivered a speech from Federal Hall, across Wall Street from the New York Stock Exchange, calling for reform of the financial system. He said tougher regulation would prevent a repeat of the crisis spawned by the bankruptcy of Lehman Brothers ... "One year ago, we saw in stark relief how markets can spin out of control; how a lack of

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September 12, 2008 (Friday): Will Lehman Find a Buyer?; How Harvard's Endowment Did


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funds, mutual, options

Published Sept. 11, 2009 at 11:00 p.m.
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Lehman Awaits Buyout Bids ... With the future of Lehman Brothers on the line, three options seem clear: a sale of Lehman, a bankruptcy filing or a desperate attempt to somehow continue in business. Top executives spent the day in meetings as possible takeover bids over the weekend loom. The most likely buyers are seen as Bank of America and Barclays—but a deal is far from certain. Federal officials want Lehman to conclude a deal by Sunday evening. With the future so cloudy, many employees

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