On Wednesday, March 6, iShares, the Exchange Traded Funds Business of BlackRock, Inc. (NYSE: BLK), will visit the New York Stock Exchange (NYSE) to celebrate iShares Minimum Volatility ETFs. Since launching in 2011, iShares' suite of US-listed Minimum Volatility products has attracted over $4bn in AUM.
In an environment in which macro uncertainty continues to lead to financial market volatility, investors are complimenting their portfolios with iShares Minimum Volatility suite of products. Clients are attracted to iShares Minimum Volatility products for the risk-reward trade-offs and ease of implementations these ETFs offer. Investors also recognize there is significant evidence that Minimum Volatility funds improve risk-adjusted returns, while also cushioning portfolios during periods of heightened turbulence...
Ahead of the Bell: Dow futures are trading up 49 points and S&P futures are trading up 5 points as the equity markets are poised to move higher, after reaching new all-time highs following the ADP employment report, which showed that 198K jobs were added in February. Investors will assess this report for hints on the likely outcome of Friday's keenly watched non-farm payrolls report, which will provide a good indication on the labor market recovery.
On the economic calendar today, the ADP employment report will be released before the market opens and it is forecasted that 173K jobs were created in February, compared to 192K jobs the month before. Factory orders for January will be released after the market opens and a 2.2% decrease is expected, vs. a 1.8% increase in December.
The dollar is up against the major currencies. Gold is trading at $1,575. Crude oil is currently trading...
Amsterdam Institute of Finance (AIF) en NYU Stern School of Business luiden de gong voor het Master of Science in Risk Managementfor Executives programma, een Masters programma gericht op professionals in Risk Management.
Het programma is verspreid over enkele modules in één jaar en vindt plaats in New York, Amsterdam en Hong Kong. AIF levert korte cursussen op academisch niveau aan professionals werkzaam in de financiële industrie.
Stocks rallied and ended higher topping a 2007 record, following positive economic news from the ISM non-manufacturing index. Investors were also reacting to the fact that China pledged more government spending to boost economic growth.
On the economic front, sales were weaker at the nation's retailers according to ICSC-Goldman's same-store index which, came in at 1.8%. The report named bad weather and the consumer's cautious mood as the culprits.
Retail sales dropped last week but still were stronger in February than they were in January, based on Redbook whose same-store sales index shows a month-to-month 1.3% gain.
The bulk of the nation's economy is growing strongly and looks to continue to grow strongly. The ISM's non-manufacturing index rose nearly one point to a higher-than-expected level of 56.0.
On Tuesday, March 5, Axiall Corp. will visit the New York Stock Exchange trading floor and ring The Opening Bell to celebrate the company’s recent name change. On January 28, 2013, Georgia Gulf Corp. officially became Axiall Corp. with the completion of its $2 billion acquisition of PPG Industries Inc.’s chlor-alkali and derivatives business. The following day, the common stock of Axiall Corporation began trading under the ticker symbol “AXLL”.
To mark the occasion, Axiall President and CEO Paul Carrico will ring The Closing Bell.
About Axiall Corp. (NYSE: AXLL)
Axiall Corporation is a leading integrated chemicals and building products company. It is an international manufacturer of chlor-alkali and derivatives, chlorovinyls and aromatics products including chlorine,...