MF - Unit Trust

Markets Trying to Repair Damage Ahead of Fed Announcement

Scott Redler | |

US stock futures point to a higher open Wednesday following yesterday's sharp decline. The drop was fueled by Greece's decision to hold a public vote on new austerity measures, which are extremely

Equities Sector Coverage: Stocks Continue Drop to Start November

Sector Recap | |

The national ISM Manufacturing Index came in at 50.8 in October, lower than expected. Construction Spending rose by 0.2% in September, in line with estimates. The Dow Jones Industrial Average

Greece Austerity Referendum Puts Euro Rescue Plan in Jeopardy

Scott Redler | |

US stock futures are sharply lower Tuesday after Greece announced it would hold a public referendum on the new austerity plan. The surprising decision is the latest snafu for a rescue plan that

Equities Sector Coverage: Markets Close Out Strong Month With a Day of Losses

Sector Recap | |

The Chicago PMI came in at 58.4 in October slightly below consensus. The Dow Jones Industrial Average traded down from 12,229.29 towards 12,000 going into the final half hour of trading. The

MF Global Files for Bankruptcy

Joel Anderson | |

Broker/dealer MF Global (MF) has filed for bankruptcy, leading exchanges in New York and Chicago to ban their traders from the floor until further notice. MF Global went through rocky times last

Trick or Treat: Euphoria from Euro Rescue Plan Fades

Scott Redler | |

US stock futures point to a lower open Monday, following losses in European markets as the initial excitement fades over the Euro zone rescue package. Last week stocks soared after European

Equities Sector Coverage: Stocks End Flat After Big Week

Sector Recap | |

Personal Income rose just 0.1% in September while spending increased by 0.6% as the personal savings rate fell to 3.6% the lowest since December 2007. The Dow Jones Industrial Average traded

Buyout Rumors Swirl as MF Continues to Tank

Joel Anderson | |

Jon Corzine's MF Global Holdings (MF) continued to seriously struggle after two major ratings agencies downgraded its credit on Thursday due to their significant bond holdings in Europe. The fund

Stocks Surge On EU Deal, Strong Economic Numbers

Sector Recap | |

Initial Jobless Claims came in at 402,000 well below the 350,000 recessionary threshold. On Friday, Personal Income should rise by 0.2% with Spending up 0.7% in September. The Dow Jones Industrial

MF Global Plunges After Q2 Loss

Joel Anderson | |

Poor earnings reports and concerns over the European Debt Crisis drove stocks in the financial sector down Tuesday.  The hardest hit was Jon Corzine's MF Global Holdings Ltd. (MF), which lost

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