Latest News in Stock Funds Markets – Sept 02, 2009

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TrimTabs Estimates U.S. Lost 335,000 Jobs in August and 5.9 Million … – MSN…

2 Sep 2009 at 3:49am
Massive Job Losses Lead to Big Drops in Wages and Savings: Wages Fall 4.1% Year-over-Year in August, and M2 Savings Drops Record $94.6 Billion in Past Three Months SAUSALITO, Calif., Sept. 2 /PRNewswire/ — TrimTabs Investment Research estimates that …

Ahead of the Bell: SEC, CFTC to ‘harmonize’ rules – MSN Money

2 Sep 2009 at 3:27am
WASHINGTON (AP) – Two agencies with oversight of the financial markets are trying to coordinate their regulations to eliminate differences involving similar types of investments and instruments. The Securities and Exchange Commission, the government …

U. Texas begins $5 million budget upheaval – U-Wire.com

2 Sep 2009 at 3:34am
Department chairs from the College of Liberal Arts at the University of Texas received an internal memo Aug. 20 tasking them with reallocating $5 million to new priorities, largely at the expense of non-tenure track faculty. Efforts are underway …

Fund Investors Can Lose Out When Portfolios Are Merged – Wall Street Journal

2 Sep 2009 at 3:27am
For mutual-fund firms, the best strategy in tough economic times is often to merge funds. But these mergers aren’t always the best strategy for investors. The Journal Report See the complete Investing in Funds: A Monthly Analysis report. Through mid …

Reliance Is ?Positive? on India Stocks as Gains Slow, Kela Says – Bloomberg

2 Sep 2009 at 2:51am
Sept. 2 (Bloomberg) — Madhusudan Kela said Reliance Capital Asset Management Ltd., India?s largest money manager, remains ?very positive? on the nation?s stock market over three years while predicting that gains will slow over the next six …

China?s Goldwind to list in Hong Kong – Financial Times

2 Sep 2009 at 2:59am
Xinjiang Goldwind Science & Technology, a Chinese wind power producer, said on Wednesday it planned to sell a 15 per cent stake in Hong Kong in an offering that could raise $1.1bn. In a statement to the Shenzhen stock exchange, where the company is …

METALS-Copper near 2-week lows on economic, demand worry – Reuters

2 Sep 2009 at 2:37am
Equities fall as recent price rallies questioned * Copper stocks rise above 300,000 tonnes (Recasts, adds comments, previous dateline Singapore) By Michael Taylor LONDON, Sept 2 (Reuters) – Copper fell to a near-two week low on Wednesday, as …

Investing in the ‘new normal’ – CNN Money

2 Sep 2009 at 2:16am
NEW YORK (Fortune) — Money manager Ron Muhlenkamp gets a lot of credit for his bold, macro-driven investing style, and he deserves it: His namesake fund has returned 9% annually over the last 15 years, 2% better than the S&P 500. Last year, however …

HK shares drop to 6-wk lows; China stocks extend gains – Reuters

2 Sep 2009 at 2:01am
HONG KONG, Sept 2 (Reuters) – Hong Kong shares dropped 1.8 percent to a six-week closing low on Wednesday as anxiety about the global financial sector dragged down shares in HSBC, while Beijing’s latest fuel price hike sent airline shares diving …

Proposal calls for teachers, districts to up pension tithes – Columbus Dispatch

2 Sep 2009 at 1:54am
A road map for long-term financial stability was unanimously approved yesterday by the State Teachers Retirement System’s board of directors, but several steps must be taken before it can be put into place. The plan comes with a cost: It would …

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September 02 2009 03:03 am | Stock Market News

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