Dallas, Texas 11/27/2013 (Financialstrend) – The $1.61 billion market capped private equity firm Carlyle Group LP (NASDAQ:CG) has announced that it is all set to expand its operations in the hedge fund business by the acquisition of Toronto based hedge fund advisory firm Diversified Global Asset Management Corp. The owners...
Dallas, Texas 09/20/2013 (Financialstrend) - Shares of Chimera Investment Corporation (NYSE:CIM) were trading at $3.05 as of close of business on September 19. The share has gone up 4.81% since September 11, when it hit a 50 day low of $2.91. It is trading at 8% lower in comparison to...
Dallas, Texas 09/24/2013 (Financialstrend) - Utilities SPDR (ETF) (NYSEARCA:XLU) is an Exchange traded fund. It has seen a really choppy last five days of trading. It started at a low of $37.49 on September 17 and tallied up 3.8% increase in its value to record a week high price of...
Dallas, Texas 12/20/2013 (FINANCIALSTRENDS) – If we talk about the largest emerging funds then there are two names that cannot be ignored and those are iShares MSCI Emerging Markets Indx (ETF) (NYSEARCA:EEM) and VWO. The main reason behind all this positive sentiment is their share of liquidity which is at...
Dallas, Texas 04/03/2014 (FINANCIALSTRENDS) –  S&P 500 (INDEXSP:.INX) this week witnessed all time record high as the stock markets rose and moved upwards for the fourth consecutive session. This follows after the indications that economy is currently gaining momentum after the recent pullback during the extreme winter session. According...
Dallas, Texas 02/27/2014 (FINANCIALSTRENDS) – iShares FTSE/Xinhua China 25 Index (ETF)(NYSEARCA:FXI) is an $5.44 billion market capped exchange traded fund which tracks its returns against those provided by the FTSE China 25 Index. The index taacks the top 25 publicly traded companies in China across different business verticals. Top Holdings The fund...
Apple shares suffered from a record fall of 11 months on Wednesday, reaching the $485.92 mark. This is a decline of 3.2%. This is for the first time in almost a year when Apple’s shares have gone below $500 per share mark. The primary reason of the fall down...
Dallas, Texas 11/12/2013 (Financialstrend) - The national investment and brokerage firm E*TRADE Financial Corporation (NASDAQ:ETFC) stock which is tracked by the S&P 500 index posted a strong 5.28% rally during trading on November 8. In fact the stock has been flying high ever since it reported its third quarter...
Dallas, Texas 10/24/2013 (Financialstrend) - The Blackstone Group L.P. (NYSE:BX) is a leading manager of private capital and provider of financial advisory services. They are one of the largest independent managers of private capital in the world with a market capitalization of $16.12 billion.  They also provide financial advisory services...
Dallas, Texas 08/05/2013 (Financialstrend) - On Friday PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ: QQQ) gained and made a record of 13th straight beating that ETF which had previous mark of 12 set 4 years ago. Ryan Detrick commented that this year has been a year of (up) streaks...