First active ETFs eyed; Claymore shutters 11 funds
The exchange-traded fund business is inching toward creation of the first actively managed ETFs for stocks, and if regulators give their blessing to the investment products, they could usher in a potential windfall for the nascent business. feeds.marketwatch.com |
Expected loan losses drag down bank earnings
WASHINGTON (Reuters) - U.S. banks and thrifts set aside record amounts of money last year in anticipation of higher loan losses, driving down their earnings, as the housing and credit markets soured, U.S. regulators said on Tuesday. feeds.reuters.com |
CBRE Weighs Strategic Moves
CBRE Realty posted a loss, hurt by bad loans, and the REIT said it is considering strategic "initiatives." online.wsj.com |
How To Get A Better Deal Online
In the Web marketplace, thousands of retailers are fighting one another for your hard-earned cash, and user reviews can offer the best intelligence. feeds.cbsnews.com |
Nokia profit misses estimate
Nokia Oyj, the world's biggest maker of mobile phones, posted a first-quarter profit that trailed estimates on costs for pensions and closing a plant, and forecast the handset market's value will shrink in euro terms this year. Nok ... english.people.com.cn |