Bond and Finance News
The PIMCO Total Return Bond Fund (NYSEARCA:BOND) has lost its crown as the world's largest bond fund, after more than two years of outflows. The bond fund, started by Bill Gross, lost another $5.6 billion in April, marking 24 straight months … [Read more...]
Pfizer (NYSE: PFE) reported first quarter profit of $0.51 per share on $10.86 billion of revenue Tuesday —beating estimates of $0.49 per share. The performance was largely driven by strong demand for its vaccine and cancer drugs. However, the … [Read more...]
Facebook (NASDAQ:FB) released its first quarter earnings after the closing bell on Wednesday. The company reported that 1QFY15 earnings came in at $0.42 per share on revenue of $3.54 billion, just ahead of analysts expectations of $0.40 per share on … [Read more...]
Bank of America (NYSE:BAC) reported earnings for the first quarter today, but they came in below analysts expectations, with the strong dollar and continued low interest rates being blamed for the disappointing performance. The Charlotte NC … [Read more...]
eBay (NASDAQ:EBAY) the original online marketplace, has a problem. Some of its top merchants are abandoning the platform and taking their business to another online juggernaut, Amazon! Over the past twelve months Amazon has doubled the number … [Read more...]
U.S. Government bonds were boosted on Friday, sending 10 year note yields to a 20 month low, after official data showed that the U.S. economy expanded at a slower pace than forecast in the last quarter. Yields on U.S. 10-year Treasury notes fell … [Read more...]
The Federal Reserve will start to raise interest rates later this year, but investors need not panic. That’s the message from Bill Gross in this months investment outlook released on Thursday. The bond guru who now resides at Janus Capital—told … [Read more...]
The Federal Reserve remains on course to raise interest rates later this year despite signs that the global economy is cooling. In the release of this months Federal Open Market Committee policy statement the FOMC repeated its promise to take a … [Read more...]
DoubleLine CEO Jeffrey Gundlach warned investors today that the financial crisis, which started in 2008, is far from over. “For many Americans, it looks like the good times have finally arrived after seven miserable years that began with the … [Read more...]
Learn Bonds Learn Bonds: – Bond yields recover after Greece scare. – U.S. bond prices fell on Monday with 30 year Treasury yields rising from a record low, with trading subdued by the threat of a massive snowstorm bearing down on New … [Read more...]
