Warburg Strikes $1 Billion Deal for Software Firm Vermont Information Processing, Sources Say
(Reuters) - Buyout firm Warburg Pincus has clinched a deal to acquire Vermont Information Processing, which makes software for beverage distributors, for about $1 billion including debt, according to ...
Bond ETFs are selling off after inflation rises more than forecast
Exchange-traded funds that hold U.S. bonds were under pressure on Wednesday morning, after fresh data showed inflation rose more than forecast in January. The iShares Core U.S. Aggregate Bond ETF was ...
Senegal's Government Underestimated Financial Situation, Court of Auditors Says
DAKAR (Reuters) - Senegal's previous government underestimated several key aspects of the West African country's financial situation including debt and budget deficit, the Court of Auditors said in a ...
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Equity mutual fund inflows in India hold firm at Rs 39,688 crore in Jan: AMFI
Equity mutual funds (MFs) saw net inflows of Rs 39,687.78 crore in January even as the domestic stock market continued its downward trend, according to data from the Association of Mutual Funds in ...
Analysis-Is China's State-Funded Stock Revival Plan Pie in the Sky?
As China directs its large financial institutions to help revive and rebalance a struggling stock market, analysts see merit in the plan but are sceptical it will stimulate a recovery. Beijing has ...
Two Payden Mutual Funds Receive Five-Star Overall Morningstar Rating™
LOS ANGELES, Feb. 11, 2025 (GLOBE NEWSWIRE) -- The Payden Floating Rate Fund (PYFRX) and the Payden High Income Fund (PYHRX) each received a five-star overall Morningstar rating as of January 31, 2025 ...
The South African on MSN2d
R4.5 billion in unclaimed dividends in SA: How to check if you’re owed money
The Johannesburg Stock Exchange (JSE) has launched a website for South Africans to check if they are owed any money for ...
BlackRock transforms mutual fund targeting high-yield municipal bonds into ETF
BlackRock (BLK) converted its high-yield municipal bond fund into an active exchange-traded fund, creating the iShares High ...
BlackRock’s High-Yield Muni Fund Becomes an Actively-Managed ETF
BlackRock Inc. is converting its high-yield municipal bond fund into an actively-managed ETF in a bid to grow assets under ...
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BlackRock Bolsters Municipal Bond Suite with Launch of High Yield Muni ETF
The new ETF seeks to maintain identical investment objectives and fundamental investment policies as its predecessor mutual fund. HIMU aims to maximize federal ... there is a corresponding decline in ...
The Gap Remains An Apparel Brand Icon, Which Could Benefit From Strong U.S. Consumer Spending
The Gap has a proven model to generate cashflow and profitability and is a steady dividend payer. Read why I am bullish on ...
Ethiopia Says Debt Restructuring Negotiations in Final Stage
ADDIS ABABA (Reuters) - Ethiopia is in the "final stages" of negotiations with its creditors in an ongoing plan to ...