The yield on the 10-year Treasury is closing in on 2%, while stocks were mixed on worries the Federal Reserve will begin to unwind its bond purchases sooner rather than later.
More: Stocks and bonds under Fed pressure
Category : Business
Category : World News
US federal mortgage agency Fannie Mae will pay $59.4bn (£38.5bn) in dividends to the US Treasury, after posting a record profit in the first quarter.
The rest is here: Fannie Mae to pay $59.4bn back to US
Category : Stocks, World News
Fri, May 03, 2013 12:00 – Benjamin Franklin Federal Savings (OR) (BFSL: OTC Link) – Deleted Symbol – As of Fri, May 03, 2013, BFSL is no longer a valid symbol. You may find a complete list of deleted symbols at otcmarkets.com.
Link: Benjamin Franklin Federal Savings (OR) (BFSL: OTC Link) | Deleted Symbol
Category : Business
An actress who sued Amazon.com after her age was posted on its Internet Movie Database has her claim rejected by a federal jury in Seattle.
Read more: Actress claim against IMDb rejected
Category : Stocks, World News
Results of the Board of Directors on April 5, 2013< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
JSC RusHydro (ticker symbol: MICEX-RTS, LSE: HYDR; OTCQX: RSHYY) announces that the Company’s Board of Directors held a meeting in absentia on April 5, 2013.
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The Board of Directors accepted a proposal of the Russian Federation, represented by the Federal Property Management Agency, holder of 67.12% of RusHydro’s voting shares[1], on inclusion of the following items in the agenda of the Company’s Annual General Meeting of shareholders (AGM): approval of the annual report and annual accounting statements, including the use of profit for 2012; remuneration of members of the Board of Directors, election of members to the new Board of Directors and Audit Commission and approval of the Company’s auditor.
The AGM agenda and date will be determined on one of the following meetings of the Board of Directors.
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The Board of Directors approved the following candidates to the new Board of Directors for upcoming election at the AGM:
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Category : Business
Experts surveyed by CNNMoney think interest rates will rise throughout 2013, but not dramatically higher. It will be hard for bond yields to spike as long as the Federal Reserve keeps buying.
View post: Bond bubble may deflate slowly
Category : World News
US consumer confidence fell sharply this month, affected by federal budget cuts, a closely watched report suggests.
Follow this link: US cuts ‘hit consumer sentiment’
Category : World News
Ben Bernanke defends the low interest rate policies of the US Federal Reserve and central banks in Europe, saying they were helping to boost the global economy.
See original here: Bernanke defends low interest rates
A US federal judge has ordered tobacco firms to pay for an advertising campaign to explain the dangers of smoking.
Read the original here: VIDEO: Tobacco firms must pay for warning ads
TORONTO, ONTARIO–(Marketwire – March 22, 2013) - Matrix Funds has received the recent Federal Budget provisions with respect to character conversion transactions.
Read more here: Matrix Tax Deferred Income Fund & Matrix Tax Deferred Income Trust Pool