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NEWS INDUSTRY NEWS APR 26, 2007
Nuveen launches $900M IPO

Nuveen Investments Inc. today announced the initial public offering of the Nuveen Multi-Currency Short-Term Government Income Fund.

NEWS INDUSTRY NEWS APR 26, 2007
AMVESCAP profits hike 27.1%

London-based AMVESCAP PLC reported that operating profit increased by 27.1% for the quarter to $237.2 million, from $186.6 million in the same quarter last year.

NEWS WIREHOUSES APR 26, 2007
Schwab offers high-yield checking accounts

Charles Schwab Corp. today announced no-fee checking accounts from Charles Schwab Bank, with an annual percentage yield of 4.25%.

NEWS WIREHOUSES APR 26, 2007
Janus revenues jump 7%

Janus Capital Group Inc. today announced its profits rose 1% and its revenues increased 7% in the first quarter.

NEWS INDUSTRY NEWS APR 26, 2007
NYSE Euronext reports 1Q profit

The newly formed NYSE Euronext today reported net income of $67.6 million in the first quarter for NYSE Group, a $37.3 million -- or 123% -- increase as compared to net income of $30.3 million from the year-ago period.

NEWS WIREHOUSES APR 26, 2007
Franklin profits, revenues beat Street

Franklin Resources Inc.’s second-quarter profits more than doubled due to more inflow into its funds and higher earnings from its investments, the San Mateo, Calif.-based asset manager announced today.

INVESTING ALTERNATIVES APR 26, 2007
Fewer securities class actions in 2006

The number of federal securities litigation class actions hit a record low of 106 cases last year compared to 169 in 2005, although settlement values remained high, according to a PricewaterhouseCoopers study released today.

INVESTING ETFS APR 26, 2007
Claymore introduces two ETFs

Claymore Securities Inc. of Lisle, Ill., today announced the launch of two new exchange traded funds: the Claymore/Clear Mid-Cap Growth Index ETF, and the Claymore/IndexIQ Small-Cap Value ETF.

NEWS WIREHOUSES APR 26, 2007
Vanguard to simplify account fees

The Vanguard Group Inc. today said it plans to simplify its account fees, and will also offer ways for investors to avoid them entirely.

NEWS WIREHOUSES APR 26, 2007
Jefferies names cash equities trading head

Jefferies & Company Inc. today announced the appointment of Edward J. Craig as managing director and head of U.S. Cash Equities Trading.