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DoubleLine Total Return Lags 53% Of Peers In March

Tue, 04/01/2014 - 1:55pm
The DoubleLine Total Return Bond Fund returned negative 0.14% in March, underperforming 53% of peers, according to Morningstar data released Tuesday.
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Gold Prices Mark Fifth-straight Session Of Losses

Tue, 04/01/2014 - 1:54pm
Gold futures fell on Tuesday for a fifth session as traders mulled mixed U.S. economic data for clues on the demand outlook for the metal.
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GM Says March Sales Data Delayed By Computer Issue

Tue, 04/01/2014 - 1:52pm
General Motors Co. said Tuesday that computer system problems were delaying the release of its March U.S. car sales numbers.
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FT: Goldman Sachs to Exit NYSE Floor in Historic Move

Tue, 04/01/2014 - 1:45pm
The biggest U.S. investment bank is planning on selling its NYSE floor unit as human-based trading at the Big Board dwindles. 
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Auto Sales Bounce Back in March After Lackluster Winter

Tue, 04/01/2014 - 1:30pm
The auto industry bounced back in March after a lackluster winter, as demand for pickup trucks fueled sales at Ford and Chrysler Group.
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Pimco Total Return Lagged 95% Of Peers In March

Tue, 04/01/2014 - 1:21pm
The Pimco Total Return Fund , run by bond manager Bill Gross, returned negative 0.57% in March, lagging 95% of peers, according to Morningstar data estimates released Tuesday.
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News Corp wins dismissal of U.S. lawsuit over phone hacking

Tue, 04/01/2014 - 1:19pm
News Corp, its Chairman Rupert Murdoch and other top officials have won the dismissal of a U.S. lawsuit accusing them of defrauding shareholders by concealing widespread, illegal phone hacking at two of its British newspapers.
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Citi Fires Two Traders At Banamex Unit: Report

Tue, 04/01/2014 - 12:09pm
Citigroup Inc. fired two traders over its Mexican fraud debacle for violating internal policies, according to media reports.
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Lilly Expands Generic Deal With Prasco, Gets Alimta Patent Expanded

Tue, 04/01/2014 - 11:37am
Eli Lilly expanded a generic drug agreement on Tuesday that enables Prasco to market a generic version of Lilly’s osteoporosis treatment Evista in the U.S.
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Alternative Asset Manager Ares Files For IPO

Tue, 04/01/2014 - 10:54am
Credit investment and private equity firm Ares Management LP filed to go public on Monday in what would be the first initial public offering by a major alternative asset manager since Carlyle Group LP's flotation two years ago.
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Food Delivery Firm GrubHub Raises Expected Price Range For IPO

Tue, 04/01/2014 - 10:48am
GrubHub Inc, the largest U.S. online food delivery services company, raised the expected price range for its initial public offering of 7.03 million shares to $23-$25 per share from $20-$22 per share.
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Ford sees U.S. 16 million annualized auto sales rate, including big trucks

Tue, 04/01/2014 - 10:23am
Ford Motor Co said it expects U.S. auto sales to be 16.
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Techs Rise Led By Nvidia, Marvell

Tue, 04/01/2014 - 10:23am
Technology stocks were mostly higher Tuesday, with solid gains from shares of chipmakers, Nvidia Corp. and Marvell Technology.
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NYSE To Delist U.S.-listed LDK Solar Shares

Tue, 04/01/2014 - 10:17am
The New York Stock Exchange said Tuesday it will delist the American depositary shares of China-based solar company LDK Solar Co. Trading will be suspended immediately, the exchange said.
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FDA Green Lights Intuitive Surgical's New Robotic Surgeon

Tue, 04/01/2014 - 10:08am
Shares of Intuitive Surgical jumped 14% after the device maker said its next-generation non-invasive surgical system was approved for marketing in the U.S. 
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February Construction Spending Rises 0.1%

Tue, 04/01/2014 - 10:05am
Outlays for U.S. construction projects rose 0.1% in February to a seasonally adjusted annual rate of $945.7 billion, led by nonresidential projects, the U.S. Commerce Department reported Tuesday.
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ISM Manufacturing Index Rises Slightly In March

Tue, 04/01/2014 - 10:05am
U.S. manufacturing companies expanded in March at a slightly faster pace compared to the prior month, a survey of executives found.
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U.S. Factory Growth Heats Up in March

Tue, 04/01/2014 - 10:04am
U.S. manufacturing growth sped up in March as production revved up following a tough winter. However, factory employment dipped. 
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Ford Shares Rise After March Sales Top Forecast

Tue, 04/01/2014 - 9:50am
Ford Motor Company's U.S. vehicle sales rose 3% to 244,167 in March, from 236,160 vehicles in the same period a year earlier, the car maker said Tuesday.
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Final U.S. Markit PMI Unchanged In March At 55.5

Tue, 04/01/2014 - 9:48am
The final Markit PMI for the U.S. in March was unchanged at 55.5, down from 57.1 in February.
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