Portfolio Management

Legg loss worse than forecast but funds stabilize

reuters.com     4 hrs ago   19 related          

BOSTON (Reuters) - Legg Mason Inc posted a wider-than-expected quarterly loss as investors yanked $18.4 billion from its underperforming funds and the U.S. asset manager took a charge to bail out its money market funds that are...                

First National Bank of Northern California Reports Second Quarter 2008 Earnings of $0.37 per...

marketwire.com     2 hrs ago   322 related          

SOUTH SAN FRANCISCO, CA--(Marketwire - July 25, 2008) - FNB Bancorp (OTCBB: FNBG), parent company of First National Bank of Northern California, today announced operating earnings for the second quarter of 2008 of $1,090,000 or...                

Legg Mason Reports Results for First Quarter of Fiscal Year 2009

prnewswire.com     10 hrs ago   792 related          

Legg Mason Reports Results for First Quarter of Fiscal Year 2009 - Legg Mason, Inc. (NYSE: LM) today reported its operating results for the first quarter of fiscal year 2009, which ended June 30, 2008. We believe that cash...                

CORRECTING and REPLACING Market Vectors Launches Gulf States Index ETF (Business Wire)

yahoo.com     8 hrs ago   11 related          

NEW YORK----Fifth graph, third sentence of release dated July 24, 2008 should read: At June 30, the index was concentrated in the banking, financial services and real estate sectors, with banks and financial services companies...                

Morgan Stanley goofs Brookfield

reuters.com     7 hrs ago   7 related          

Morgan Stanley’s money managers, entrusted with navigating the world’s financial markets with all kinds of sophisticated strategies, evidently have a little problem with long division. On Thursday the big Wall Street bank...                

Two Pioneer Closed-End Funds Authorized to Seek SEC Exemptive Order to Allow for Possibility of...

yahoo.com     3 hrs ago   5 related          

BOSTON----Pioneer Investments announced today that the Boards of Trustees of two Pioneer closed-end funds, Pioneer High Income Trust and Pioneer Floating Rate Trust , authorized the funds to prepare and file an application for...                

Legg loss worse than forecast but funds stabilize

washingtonpost.com     2 hrs ago   9 related          

BOSTON (Reuters) - Legg Mason Inc (LM.N) posted a wider-than-expected quarterly loss as investors yanked $18.4 billion from its underperforming funds and the U.S. asset manager took a charge to bail out its money market funds...                

Fitch Affirms Newcastle CDO IX (Business Wire)

yahoo.com     3 hrs ago   80 related          

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed all classes of Newcastle CDO IX 1, Ltd. and Newcastle CDO IX LLC (Newcastle CDO IX) as follows: --$33.540 million class S notes at 'AAA'; --$379.500 million class A-1 notes...                

American Capital Invests in Affordable Care for Add-On Acquisition (PR Newswire)

yahoo.com     3 hrs ago   3 related          

American Capital, Ltd. announced today that in June it invested in its portfolio company Affordable Care, Inc. to support the acquisition of a management services platform supporting five dental practices from Fields Dental...                

Fitch Rates Oklahoma School Dist Rev Anticipation Program Notes (Business Wire)

yahoo.com     1 hr ago   3 related          

AUSTIN, Texas----Fitch Ratings assigns a short-term rating of 'F1+' to the Oklahoma School District and County Revenue Anticipation Program's 2008A $4.8 million certificates of participation , and an 'F1' rating to the...                

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