Posts Tagged ‘Finance’
On News: Stocks: Best week in a year
Saturday, July 10, 2010 13:39 3 CommentsNEW YORK (CNNMoney.com) — Stocks rallied Friday, finding momentum at the end of a choppy session ahead of the first wave of quarterly corporate results due out next week. The Dow Jones industrial average (INDU) added 59 points, or 0.6%. The S&P 500 (SPX) gained 8 points, or 0.7%, and the Nasdaq (COMP) composite rose 21 [...]
ARTICLE: Hedge funds have been reviled as slick opportunists that fanned the flames of the collapse.
Sunday, June 13, 2010 3:51 9 CommentsFrom: SEBASTIAN MALLABY, The Wall Street Journal, June 12, 2010 Learning to Love Hedge Funds Hedge funds account for a huge share of trading in financial markets, and have grown to a scale that would have astonished Mr. Jones, amassing roughly $2 trillion in assets. Success has come with notoriety: the Securities and Exchange Commission [...]