MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, August 14, 2007 Midday Market Report: Fund Stocks Slide With Broader Market It's midday in the market and the Dow is down 142 points as of 11:40. Mutual fund companies are seeing their stocks follow the downward market trend. Stocks that have fallen the farthest are those of AllianceBerstein, down 2.6 percent; Calamos, down 2.6 percent; U.S. Global Investors, down 4.7 percent; BlackRock, down 3.4 percent and SEI, down 3.3 percent. Two fund company stocks bucked the downward trend, Legg Mason was up by a razor thin 0.01 percent and Integrity Funds was up by 2.6 percent, presumably on the favorable earnings report released today. Printed from: MFWire.com/story.asp?s=15390 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |