News: Federated Investors, Inc (FII.N)

FII.N on New York Stock Exchange

28.00USD
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$0.31 (+1.12%)
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$27.69
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Tue, Oct 27 2009

UPDATE 2-Waddell & Reed Q3 profit tops market; shrs hit yr-high

* Q3 EPS, ex items, $0.37 vs estimate $0.33 * Books profit in investments

Federated Investors exec sees 2q Fed rate rise

BOSTON, Oct 23 (Reuters) - Deborah Cunningham, Federated Investors Inc's chief investment officer for taxable money market funds, said on a conference call that the "most likely scenario" is that the Federal Reserve will move to raise interest rates in the second quarter of 2010. (Reporting by Ross Kerber, editing by Gerald E. McCormick)

UPDATE 2-Federated earnings flat, fee waivers cut revenue

* Fee waivers cut into revenue (Adds details of results)

US fund industry faces tough questions on backstop

BOSTON, Sept 21 (Reuters) - The end of a year-old Treasury Department guarantee for money market funds has left the industry struggling with divisive questions over how it might replace the government insurance program.

Fidelity, Vanguard discuss money fund backstop: report

CHICAGO (Reuters) - Fidelity Investments and Vanguard Group Inc. are among those discussing the creation of a cash reserve to blunt a run on money markets like the one that occurred last September, according to a report by Bloomberg on Saturday.

UPDATE 1-Fidelity, Vanguard discuss money fund backstop-report

CHICAGO, Sept 19 (Reuters) - Fidelity Investments and Vanguard Group Inc. are among those discussing the creation of a cash reserve to blunt a run on money markets like the one that occurred last September, according to a report by Bloomberg on Saturday.

Fidelity, Vanguard discuss money fund backstop: report

CHICAGO (Reuters) - Fidelity Investments and Vanguard Group Inc. are among those discussing the creation of a cash reserve to blunt a run on money markets like the one that occurred last September, according to a report by Bloomberg on Saturday.

Fidelity, Vanguard discuss money fund backstop-report

CHICAGO, Sept 19 (Reuters) - Fidelity Investments and Vanguard Group Inc. are among those discussing the creation of a cash reserve to blunt a run on money markets like the one that occurred last September, according to a report by Bloomberg on Saturday.

Investors pull out of money market funds as guaratee ends

BOSTON (Reuters) - Investors stepped up their withdrawals from money market funds this week days before a federal guarantee to safeguard their assets expires on Friday, industry data show.

Investors pull out of money market funds as federal guaratee end

BOSTON (Reuters) - Investors stepped up their withdrawals from money market funds this week days before a federal guarantee to safeguard their assets expires on Friday, industry data show.

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