Search Results for: S&P
S&P 500 Tops Record, Nears 2,000 Amid Confidence in Fed
August 22nd, 2014
Optimism that the Federal Reserve is committed to supporting a strengthening economy sent the Standard & Poor’s 500 Index to an all-time high and within eight points of the 2,000 milestone. The S&P 500 jumped 0.3 percent to a ...
Federated Investors sees S&P 500 at 2,500 in two years
August 18th, 2014
The S&P 500 could hit 2,500 within the next 18 months to two years, according to Barron’s report on Sunday, citing its interview with Stephen Auth, chief investment officer, equities at Federated Investors. A robust U.S. economy growing at ...
These large-cap funds are crushing the S&P 500 this year
August 12th, 2014
Some funds are clobbering the Standard and Poor’s 500 stock index this year. The top five large-company stock funds: PIMCO StocksPLUS Long Duration fund (PSLDX), 18.1%. This fund is an anomaly, albeit a successful one. It invests in S&P ...
S&P 500 index reports worst downfall since April; indexes down for July
August 1st, 2014
The U.S. S&P500 stock index posted its worst daily fall since April and its first monthly drop since January on Thursday, as economic data sparked concern the Federal Reserve could raise interest rates sooner than some have expected. Data ...
The S&P 500 becomes S&P 502
July 31st, 2014
S&P 502. It just doesn’t found right. Yet, another unorthodox dividend is causing the benchmark Standard & Poor’s 500 index to balloon to include 502 stocks. Media firm Discovery Communications is paying investors one share of its Class C ...
S&P 500 Dividends Poised for Years More Growth
July 17th, 2014
Dividends paid by Standard & Poor’s 500 Index companies will climb almost as much in the next five years as they did during the last four, according to Rod Smyth, RiverFront Investment Group LLC’s chief investment strategist. The comparison ...
S&P open to paying up to $1 billion to settle DOJ lawsuit
July 16th, 2014
Standard & Poor’s Ratings Services decided to settle a pending lawsuit with the U.S. Department of Justice (DOJ) and is open to paying about $1 billion to settle it, the Wall Street Journal reported citing people familiar with the ...
S&P to face legal challenge from councils
June 24th, 2014
Ratings agency Standard Poor’s has failed to avoid a legal battle with 91 councils, church groups and charities over investments that went bad during the global financial crisis. The Federal Court has denied the agency’s leave to appeal a ...
Dow, S&P end at records; Apple, Google drag on Nasdaq
June 3rd, 2014
The Dow and the S&P 500 finished at record highs again on Monday after a closely watched read on U.S. manufacturing was revised to show more strength than initially indicated. Industrials and material stocks were among the day’s biggest ...
Geithner Must Give S&P Documents in U.S. Fraud Suit
May 14th, 2014
Ex-U.S. Treasury Secretary Timothy Geithner must comply with Standard & Poor’s demand that he provide documents related to its claim the U.S. sued the company in retaliation for downgrading government debt. Harold W. McGraw III, chairman of S&P parent ...
