Word: morgan
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
There may be good news in all this. Much of the recent increase in interest rates has been technical--giant mortgage holders like Pimco, Fannie Mae, Freddie Mac, Chase and J.P. Morgan have been selling T-bonds in a complex strategy that helps to shield their vast mortgage holdings against risk. But despite signs of economic recovery, Gross believes bond yields will settle in at current levels--meaning mortgage rates will settle here as well. "We're done selling," Gross says. At least...
...will help spur demand for goods made elsewhere in Asia. Not every region is out of the woods; Hong Kong, for example, still faces record high unemployment and a big deficit, and deflation still lurks in Japan. But "we do have a fundamental recovery," says Andy Xie, economist at Morgan Stanley in Hong Kong. And he says it like he means...
...author of the A.T. Kearney study, is jobs that require more complex financial skills such as equity research and analysis or market research for developing new business. Evalueserve, a niche outsourcing company in Delhi, already performs research for patent attorneys and consulting firms in the U.S. In April, J.P. Morgan Chase said it would hire about 40 stock-research analysts in Bombay--about 5% of its total research staff. Novartis employs 40 statisticians in Bombay who process data from the drug company's clinical research...
Perhaps some will follow the example of Dick Taggart, 41, of Old Greenwich, Conn. After 18 years in financial services, most recently at J.P. Morgan Chase, he now works for Progeon, an affiliate of the Indian outsourcing giant Infosys, as its man on Wall Street. One week out of every six or seven, he takes securities firms to India to show them the savings that are possible. He knows the transition is painful for the workers left behind, but he has seen it before. "It was the same thing when we moved from Wall Street to New Jersey and then...
...jump over the 10-year average for that month. A handful of blue-chip companies, including Bank of America, Citigroup, Colgate-Palmolive, Goldman Sachs and Starwood Hotels, boosted their dividends a whopping 30% or more. Some smaller firms have been even more aggressive. Energy company Kinder Morgan has a volatile dividend history but recently raised its annual payout to $1.60 a share--five times what it paid last year and double its biggest dividend in the past decade. Corus Bankshares, which has nudged up its dividend for 23 consecutive years, last month tripled the annual payout to $2 a share...