Freund Sees `Attractive’ Returns from Corporate Bonds: Video

Posted by Financial Market News on March 31st, 2010

March 31 -- Matthew Freund, a money manager for fixed-income investments who helps oversee $44 billion of assets at USAA Investment Management Co., talks with Bloomberg's Julie Hyman about the corporate bond market.

Kleiner Perkins making big bet on Apple’s iPad

Posted by Financial Service News on March 31st, 2010

One of Silicon Valley's top venture capital firms is doubling its bet on Apple's mobile gadgets in hopes of cashing in on the highly anticipated iPad.

Fed official: record low rates still needed

Posted by Financial Service News on March 31st, 2010

Dennis Lockhart, president of the Federal Reserve Bank of Atlanta, said the Fed is right to pledge to keep rates at record lows for an "extended period." But he a ' as Federal Reserve Chairman Ben Bernanke did last week a ' said that doesn't mean a specific time period or number of meetings.

US stocks flat as data offset energy bounce

Posted by Financial Market News on March 31st, 2010

US stocks barely budged overnight following reports that stoked unease about the health of the labour market and regional manufacturing, offsetting the energy sector's strength.

‘Modern Family,’ ‘Glee,’ Craig Ferguson among 2009 Peabody Award winners

Posted by Financial Service News on March 31st, 2010

The winners of the 2009 Peabody Awards, announced Wednesday, include the ABC sitcom "Modern Family," Fox network's "Glee," CBS' "The Late Late Show with Craig Ferguson" and HBO's "The No.

Justices weigh in on mutual fund fees

Posted by Financial Market News on March 31st, 2010

But the justices also made it hard for plaintiffs and securities regulators to win such claims and warned judges against "second-guessing" the pay decisions made by an independent board of directors.

Australia approves in principle 2nd stock exchange

Posted by Financial Service News on March 31st, 2010

Australia is ending its stock exchange's monopoly and has given approval in principle to a unit of Japanese brokerage Nomura to open a second exchange in a move to spur development of the industry, the financial services minister said Wednesday.

Chinese stock market calm as margin trading debuts

Posted by Financial Market News on March 31st, 2010

Chinese equities open almost flat on Wednesday, a calm response to China's official launch of margin trading and short selling business.

Bloomberg deputy Skyler says so long to City Hall

Posted by Financial Service News on March 31st, 2010

Deputy Mayor for Operations Edward Skyler is leaving City Hall to take a job with Citigroup.

U.S. Stocks Rise as Economic Data, Earnings Offset Debt Concern; 3M Gains

Posted by Financial Market News on March 31st, 2010

U.S. stocks rose as an improved outlook for industrial companies and better-than-estimated data on consumer confidence and home prices overshadowed concern government deficits will derail the economic recovery.


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