Markets are off to a bland week as a mixture of overseas drama and lower than expected data on the home front have combined to put a halt to the nice rally that 2012 had brought. Amidst all of the drama, Wall Street has been circulating rumors of a Facebook IPO and it seems likely that the company will file for this offering later today. This IPO, if its estimated valuation of $100 billion holds, will be the largest in history and will mark yet another hot tech company turning public in the last year. It will also mean that Facebook will become a key member of earnings season, which is still on the center stage [see also What Will A Facebook IPO Mean For ETFs?]. [click to continue…]
As the ETF industry has grown by leaps and bounds over the past few years, innovation has been a recurring theme in the space. Although some of the new exchange-traded products now hitting the market offer access to “plain vanilla” asset classes and indexes, the ETF expansion has been fueled primarily by first-to-market products that [...]
Last week was turbulent one for equities as the Greek debt situation dominated headlines. The week opened up on a dismal note as the news came that a Greek referendum was in place in regards to the planned bailout package. Equities tanked for the following two days, only to recover on the Fed’s comments, or [...]
This past week featured yet another wild ride for equities as a number of factors combined to jolt markets up and down. The euro-zone saw heightened fears of default early in the week, as major indexes abroad lost more than 4% to open trading. Late in the week, one of the top ECB leaders stepped [...]
Fear is the name of the game on Wall Street as worries over growth and the quality of sovereign debt have sent markets reeling over the last few days. First the downgrade of U.S. debt by S&P hit the markets hard and now concerns are beginning to build over Europe’s second largest economy, France, as [...]
The growth of the ETP lineup to 1,300 products and beyond has been fueled largely by the development–and success–of funds other than the “plain vanilla” offerings that offer exposure to well known stock and bond indexes. As the ETF industry has grown in size, it has also become more granular in nature; many of the [...]
Despite continued concerns over high oil prices and geopolitical risks in both North Africa and Japan, American equity markets have managed to rise over the past week, shaking off these worries in hopes of higher levels of global growth in other key markets. This has largely been due to rosy predictions over technology companies, which [...]
As the American economy continues to recover at a painstakingly slow pace, some sectors have been pegged as the likely leaders to pull the country out of the economic malaise. One of the most cited sectors with the potential to turn things around is of course technology where a bevy of new products and systems [...]
This year has seen major innovations in the technology field, with products like the iPad and 3-D Television revolutionizing their respective industries. Today, Research In Motion (RIMM) followed the tech trend of the year when it announced its newest smartphone, the BlackBerry Torch, formerly known as the BlackBerry 9800. The long awaited product has been [...]
San Francisco-based iShares, which was acquired by BlackRock from Barclays last year, has more than 180 U.S.-listed ETFs. But the distribution of assets is far from even across these funds. At the end of 2009, the ten largest iShares ETFs–only about five percent of the issuer’s product line–accounted for 50% of total assets. So there’s [...]
by Eric Dutram on September 25, 2009 | Updated September 29, 2009
Research in Motion (RIMM), the Canadian maker of the popular Blackberry device, is taking a beating today, with its shares down more than 15% in early trading. The company reported weaker than expected revenue for the quarter ended in August and gave disappointing earnings guidance for the upcoming third. The news sparked a host of [...]
