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Market Vectors announced today that the Board of Trustees of the Market Vectors ETF Trust has approved share splits for five recently introduced Market Vectors exchange-traded funds (ETFs). The split covers five of the six ETFs launched following the completion of Market Vectors’ exchange offer Read more…
Jared Cummans: This week will watch earnings season continue in full stride as a number of bellwether firms are set to announce their most recent fiscal quarter’s statements. Last week saw some mixed results, with companies like Citigroup and Google missing, while others like Wells Fargo, IBM, and Intel Read more…
Van Eck Global announced today the expiration of the exchange offers by its Market Vectors ETF Trust for any and all outstanding receipts of six Merrill Lynch-sponsored HOLDRS: Oil Service (AMEX:OIH), Semiconductor (AMEX:SMH), Pharmaceutical (AMEX:PPH), Biotech (AMEX:BBH), Retail Read more…
ConvergEx Group, a leading technology company, today announced that it has been named exclusive transition manager in Van Eck Global’s exchange of certain Merrill Lynch-sponsored Holding Company Depositary Receipts (HOLDRS) into Market Vectors exchange traded funds (ETFs). These include: Oil Services Read more…
S&P futures are up more than 30 handles this morning in sharp contrast to the heavy selling we have seen for the last two weeks. The catalyst for the big up open is optimism based on new proposals to contain the Europe’s debt crisis and a strong start to the US Christmas shopping season. Stocks reached extremely Read more…
US stock futures point to a sharply lower open on Wall St Monday as the congressional supercommittee looks set to announce it was unable to reach a deficit-reduction. Deep differences of opinion over Read more…
Michael Johnston: Van Eck has begun the process of converting six HOLDRS products offered by Merrill Lynch into traditional ETFs that will be included under the Market Vectors lineup, offering investors an opportunity to exchange their receipts in HOLDRS trusts for shares in the new ETFs. The exchange Read more…
Eric Dutram: The past week was yet another choppy one in the markets as European events continued to dominate headlines. Generally speaking, however, it was a pretty solid period for broad stocks as the S&P 500 added nearly 6% in the time period, helping to reverse much of the recent losses in the Read more…
David Fry: Our goal in this profile is to help investors wade through the many competing ETF offerings available. Using our long experience as an ETF publication, we can help select those ETFs that matter and may not be repetitive. The result is a more manageable list of issues from which to view and Read more…
Stocks closed mixed on quadruple witching Friday as volume was brisk. Four of the five major indices finished higher with the Nasdaq (NASDAQ:QQQ), S&P 500 (NYSE:SPY) and the Dow Jones Industrial Average (NYSE:DIA) all posting modest 0.6% gains. The S&P MidCap 400 rose a slim 0.2% while the Read more…
Thomas Carreno: This has been a very frustrating market period. August was down. And now here we are in Mid September and the market is not falling apart, just bouncing. Read more…
S&P futures are down 23 handles after a bit more subdued action over the last few days. There seemed to be some underlying weakness so far this week, but each time the market has looked in trouble buyers stepped in to save the day. As we have stated all week, now is not a time to get loose and sloppy with your trading. The action is almost entirely headline driven, so it has been very likely that we would get more troubling headlines that Read more…
Chris Ciovacco: In 2009 and 2010, the Federal Reserve was able to reverse sharp declines in asset prices by pumping large amounts of printed money into the global financial system via quantitative easing. With the Fed’s 2011 Jackson Hole speech set to take place on August 26, we recently Read more…
Van Eck announced last week a partnership with Merrill Lynch that may ultimately lead to the conversion of several HOLDRS products to soon-to-be-launched Market Vectors ETFs. As part of the agreement, Van Eck will introduce six new ETFs that maintain the same tickers as the existing Read more…
Market Vectors will transition six of their ETFs from the Merrill Lynch HOLDRs to Market Vector exchange traded funds, tomorrow December 21st. According to Deutsche Bank, the new ETFs should provide a better representation of 
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