Gold sets new record, risk appetite helps global stocks
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Reuters
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6 minutes ago Gold surged to an all-time high above $1,200 an ounce on Wednesday, hitting a record for a second straight day, and Asian stocks advanced as investors chased riskier assets offering higher returns.
Two Nuveen Closed-End Funds Declare Initial Distributions for MuniFund Term Preferred Shares
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Business Wire
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Tue 6:02 pm ET CHICAGO----Nuveen Investments, a leading global provider of investment services to institutions and high-net-worth investors today announced the first distribution declarations for the MuniFund Term Preferred shares of both the Nuveen Virginia Dividend Advantage Municipal Fund 2 and the Nuveen Virginia Dividend Advantage Municipal Fund .
Treasury bond market at a glance
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AP
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Tue 5:59 pm ET
Treasurys tumble as investors clamor for stocks
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AP
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Tue 5:59 pm ET Investors dumped Treasurys Tuesday, opting for riskier assets like stocks and commodities as the dollar weakened. In late trading, the price on the 10-year Treasury fell 23/32 to 100 24/32.
PNM Resources Announces Successful Remarketing of Tax-Exempt Bonds
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Business Wire
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Tue 5:56 pm ET ALBUQUERQUE, N.M.----PNM ResourcesâEuro™ New Mexico utility, PNM, today announced the successful remarketing of $36 million of tax-exempt revenue bonds issued by the Maricopa County, Arizona Pollution Control Corporation.
Fitch Rates Sarasota County, Florida's 1/2 Cent Sales Tax Bonds 'AA'; Upgrades CST to 'AA'
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Business Wire
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Tue 5:49 pm ET NEW YORK----Fitch Ratings assigns an 'AA' rating to Sarasota County, Florida's 1/2 cent local government sales tax, series 2009A and 2009B. Series 2009A will be issued as Build America Bonds while series 2009B will be issued as Recovery Zone BABs.
UMB Bank Acquires American National Bank Corporate Trust Business
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Business Wire
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Tue 5:23 pm ET KANSAS CITY, Mo.----UMB Bank , n.a., a wholly owned subsidiary of UMB Financial Corporation , has closed a transaction with American National Bank in Denver, Colo., to acquire and transition American National BankâEuro™s corporate trust business over to UMB Corporate Trust and Escrow Services.
Moody's has negative outlook on Las Vegas Sands
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AP
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Tue 5:13 pm ET Moody's Investors Service on Tuesday confirmed the ratings of Las Vegas Sands Corp. and assigned the casino operator a negative outlook.
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