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News & Updates

July 19, 2015 BlackRock, Ceres Launch Investor Guide on US Corporate Engagement

Reuters - The worldâs largest asset manager, BlackRock, has teamed up with nonprofit sustainability leader Ceres to create guidance for U.S. institutional investors on engaging with companies and policymakers on...

July 17, 2015 Dollar, stocks look set for biggest weekly gains in months

Yahoo News - The Euro îSTOXXî 50 <.STOXX50E> lost 0.1 percent but has rallied 8 percent over the last two weeks, its biggest fortnightly gain since January. [.EU] German yields were lower at the opening of a...

July 17, 2015 Foreign inflows into U.S. Treasuries in May largest in more than a year

Source: Reuters

Foreign inflows into U.S. Treasuries in May rose to their highest level in more than a year, data from the U.S. Treasury Department showed on Thursday, as concerns about Greece and the Chinese stock market spurred a flight to...

July 17, 2015 Citigroup 2nd-quarter profit bounces back to $4.57 billion

Source: Democrat Gazette

NEW YORK -- Citigroup's profits rebounded in the second quarter from the same period a year ago, when the bank recorded a multibillion-dollar legal settlement with regulators

July 16, 2015 Oil falls on prospect of higher Iranian exports

Source: Reuters

Oil prices fell on Wednesday as investors digested the likely impact of increasing Iranian fuel exports at a time of heavy oversupply.A milestone nuclear deal reached on Tuesday between six world powers and Iran will mean...

July 16, 2015 Carl Icahn calls BlackRock a 'dangerous' company, cites ETF concerns

Source: Reuters

Billionaire activist investor Carl Icahn on Wednesday lambasted BlackRock Inc, the world's largest asset manager, as an "extremely dangerous company" because of the prevalence of its exchange-traded fund products, which Icahn...

July 16, 2015 Manufacturing shows signs of steadying as U.S. oil slump wanes

Source: Chicago Tribune

The most that could be said of American manufacturing is that the worst is probably over.. Factory production was little changed in June for a second month, restrained by a drop in motor-vehicle output that may prove temporary,...

July 16, 2015 U.S. Treasury Bonds Strengthen After Pullback on Yellen Comments

Source: Wall Street Journal

U.S. Treasury bonds strengthened Wednesday after pulling back earlier following the Federal Reserve’s latest signal that the central bank is on track to raise short-term interest rates this year.

July 16, 2015 Bank Of America Beats Wall Street Forecasts As Expenses Fall To 2008 Levels

Source: Forbes

On Wednesday morning, Bank of America reported better-than-forecast $22.3 billion in second quarter revenue and 45-cents in earnings per share, exceeding consensus forecasts of $21.4 billion in revenue and 36-cents in EPS. Bank...

July 16, 2015 Greek parliament approves bailout deal

Source: USA Today

ATHENS — After protesters clashed with police outside, Greece's parliament accepted harsh terms early Thursday to receive nearly $100 billion in the country's third bailout in five years. To pass the measures and avoid economic...

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