Latest News in Stock Funds Markets – May 12, 2010

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WSJ: Hedge Fund’s Bet May Have Triggered Market Dive – CBS News

11 May 2010 at 11:04pm
Stephen Mara, of Quattro M Securities, works on the floor of the New York Stock Exchange, May 6, 2010, in New York. (Credit: AP Photo) Last Thursday’s incredible market plunge may not have been set off by a typographical error, as originally …

First Opportunity Fund, Inc. Announces New York Stock Exchange’s … – Yahoo …

6 May 2010 at 2:56pm
The NYSE issued its press release today after the close of the market giving notice that it intends to suspend trading of the common stock of the Fund prior to the market opening on Wednesday, May 12, 2010. At that time the Fund?s shares will stop …

Pensions in deficit as stock market falls hit asset … – Daily Telegraph

11 May 2010 at 10:00pm
Research conducted by the Pension Protection Fund showed the aggregate deficit of the UK’s largest 7,400 schemes swung to a 2.2bn shortfall from a 300m surplus in March – the first since before the financial crisis in June 2008. The overall …

Stock market mostly maintains gains after European … – AZ Central.com

11 May 2010 at 7:22pm
NEW YORK – The stock market mostly held … Analysts said it was encouraging to see the market hold on to most of its gains from Monday, when the Dow soared 405 points in response to the creation of a bailout fund for weak countries like Greece.

Did hedge fund advised by ‘Black Swan’ author cause … – YAHOO!

11 May 2010 at 4:02pm
The Wall Street Journal thinks it has traced the source of last week’s sudden, inexplicable “flash crash” to a hedge fund advised by an economist who literally wrote the book on sudden, inexplicable market swings. Citing “traders in Chicago,” the …

First Opportunity Fund, Inc. Announces New York Stock Exchange?s … – Busine…

6 May 2010 at 12:59am
NYSE: FF) (the ?Fund?) announced today that it was notified by the New York Stock Exchange (the ?NYSE?) of its intent to suspend trading of the Fund?s shares prior to the market opening on Wednesday, May 12, 2010, because of the new …

Will The EU Emergency Fund Work? – Yahoo Finance

10 May 2010 at 6:30am
The stock market crashed last week. While calmer heads are quick to put the panic into perspective — the S&P was off 9% on Friday’s close since ticking at fresh, 18-month highs two weeks earlier– the capital markets stopped functioning on Thursday …

Trade Like A Hedge Fund – CNBC

10 May 2010 at 2:30pm
With 300-point swings occurring on almost a daily basis, how are the hedge fund giants playing this see-saw stock market? Anthony Scaramucci of Skybridge Capital tells us hedge funds are moving toward a slightly more defensive stance. ?The fastest …

European stock downturn hits U.S. fund investors – Marketwatch

4 May 2010 at 1:04pm
NEW YORK (MarketWatch) — The European debt crisis is slamming U.S. investors with international stock holdings. Non-U.S. mutual funds have seen heavy losses in past two weeks as concerns about Greece and other fiscally unstable European nations have …

No Carve-Outs From Fund Manager Tax Hike, Rep Levin Says – NASDAQ

11 May 2010 at 5:21pm
WASHINGTON -(Dow Jones)- There will be no exclusions from a planned tax rise on partnership profits for venture capital and real estate partnerships, House Ways and Means Chairman Sander Levin (D., Mich.) said Tuesday. Venture capital and real estate …

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May 11 2010 11:48 pm | Stock Market News

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