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When do markets close for Labor Day?
Netflix stock heads toward fifth straight loss
ISM services index slows, but tops forecast
Jobless claims rise to two-month high
U.S. trade deficit shrinks 7.4% to $41.9 billion
Europe markets rise | FTSE 100 heads for gain
L.L. Bean longtime CEO Leon Gorman dies
Treasury's Lew irked by China's FX move

Why maternity leave is shrinking
Blame Marissa Mayer for maternity-leave shrink

Chaos at Budapest train station as migrants rush trains
Syrian refugees reach Norway — via the Arctic

Dovish Draghi signals ECB willing to do more QE

Video: Watch China’s 90-minute military parade in 60 seconds
Watch China’s    90-minute parade in 60 seconds
Xi talks peace, but China parade flexes power
China markets close for war anniversary

Tom Brady's 'Deflategate' suspension overturned by judge, AP reports
Tom Brady’s ‘Deflategate’ suspension overturned
The real Deflategate verdict? NFL’s in trouble

Donald Trump tells Kareem Abdul-Jabbar: ‘You don’t have a clue about life’
Trump’s new feud is with Kareem Abdul-Jabbar

The flat tax and two other policies that separate Ben Carson and Donald Trump
3 policies that divide Ben Carson, Donald Trump

Caroline Baum: No one knows what Trump would do as president, but it’d be great!
What Trump would do as president: It’d be great

Trump, Clinton play liar’s poker: Delamaide

These are the college majors that are dying

They tangled with student debt all summer
College help for low-income families

As investment risk has changed, so should investors’ portfolios
Investment risk has changed, so this must change too

The search for 1,000 angels to help women create startups
The search for 1,000 angels to help women startups

43% of U.S. homes are at high risk of natural disaster
43% of U.S. homes are at high risk of natural disaster

Why the British Hugo Chavez will be good for the economy
Why the U.K. Hugo Chavez will be good for its economy

Bill Gross calls a Fed rate hike ‘too little, too late’
FDIC chief: Rates may catch banks off-guard
Junk-bond stress level climbs to 5-year high

Why India is worth a look if you’re cooling on China

History’s lessons in surviving market crashes

Apple’s biggest challenge: Topping the iPhone 6
Apple set to join content contest
What to expect from the Apple event on Sept. 9

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Markets »

44.17MDow Volume:
Avg Vol: 113.01M
Unchanged
189
Decliners
2102
Advancers
4140
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,444 +92 0.56%
Nasdaq
/quotes/zigman/12633936/realtime 4,762 +12 0.25%
S&P 500
/quotes/zigman/3870025/realtime 1,960 +11 0.59%
GlobalDow
/quotes/zigman/629063/realtime 2,331 +18 0.76%
Gold
/quotes/zigman/662444/delayed 1,124 -10 0.87%
Oil
/quotes/zigman/2331095/delayed 47.22 +0.97 2.10%
FTSE 100
/quotes/zigman/3173262/delayed 6,194 +111 1.82%
DAX
/quotes/zigman/2380246/delayed 10,318 +270 2.68%
CAC 40
/quotes/zigman/3173214/delayed 4,654 +99 2.17%
FTSE MIB
/quotes/zigman/1482176/delayed 22,177 +565 2.62%
IBEX 35
/quotes/zigman/2759620/delayed 10,042 +104 1.05%
Stoxx 600
/quotes/zigman/2380150/delayed 362 +8 2.37%
Asia Dow
/quotes/zigman/6959860/realtime 2,714 +11 0.40%
Nikkei 225
/quotes/zigman/5986735/delayed 18,182 +87 0.48%
Hang Seng
/quotes/zigman/2622475/delayed 20,935 -250 1.18%
Shanghai
/quotes/zigman/1859015/delayed 3,160 -6 0.20%
Sensex
/quotes/zigman/1652085/delayed 25,765 +311 1.22%
Singapore
/quotes/zigman/1709939/delayed 2,906 +28 0.98%
Euro
/quotes/zigman/16008136/realtime/sampled 1.11 -0.01 0.98%
Yen
/quotes/zigman/16008150/realtime/sampled 120.01 -0.32 0.26%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 0.00 0.32%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 0.00 0.14%
DXY Index
/quotes/zigman/1652083/delayed 96.40 +0.42 0.44%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.81 +0.25 0.28%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.17 -0.02 0.85%
German 10y
/quotes/zigman/15866409/realtime 0.73 -0.06 7.14%
Italy 10yr
/quotes/zigman/15866497/realtime 1.92 -0.07 3.70%
Spain 10yr
/quotes/zigman/15866444/realtime 2.11 -0.04 1.85%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.80 -0.02 0.97%
Japan 10yr
/quotes/zigman/15866525/realtime 0.40 +0.00 0.13%
Crude Oil
/quotes/zigman/2331095/delayed 47 +1 2.10%
Gold
/quotes/zigman/662444/delayed 1,124 -10 0.87%
Corn
/quotes/zigman/7599553/delayed 362 -6 1.50%
DJIA F
/quotes/zigman/38649152/delayed 16,419 +89 0.55%
S&P F
/quotes/zigman/30356461/delayed 1,956 +9 0.47%
Silver
/quotes/zigman/3134148/delayed 15 0 0.15%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 88.96 -0.93 -1.03%
AAPL /quotes/zigman/68270/composite 111.29 -1.05 -0.94%
GOOG /quotes/zigman/30194416/composite 612.12 -2.22 -0.36%
BAC /quotes/zigman/190927/composite 16.00 0.15 0.95%
C /quotes/zigman/5065548/composite 52.12 0.37 0.71%
F /quotes/zigman/264304/composite 13.91 0.04 0.25%
T /quotes/zigman/398198/composite 33.09 0.27 0.83%
BP /quotes/zigman/247026/composite 32.50 0.30 0.93%
GE /quotes/zigman/227468/composite 24.64 0.07 0.28%
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Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

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Do ‘Good’ Boardrooms Boost Returns?

Corporate governance advocates have long tried to persuade investors they can have it both ways: Do good, and you end up doing well too. New research suggests that advice may not hold true.

Some of corporate reformers’ pet moves, like allowing shareholders to vote on directors each year and avoiding special provisions to thwart takeovers, can boost the value of a company, a new Harvard University study finds. But there’s a big catch: The market may have already factored any benefits tied to these moves into the stock price. While at one time knowing whether a company had good governance might have been valuable information for investors, ever since a wave of public attention brought these issues to the fore in the 1990s, it hasn’t been effective as a guide for picking stocks. “Just because something is a good governance provision doesn’t mean it’s a good investment,” says co-author Lucian Bebchuk.

Bebchuk, who wrote the paper with two other researchers, Alma Cohen and Charles C.Y. Wang, is well-known for his criticism of the way public companies are run — in particular for his arguments that outsize executive pay reflects top executives’ political sway within the corporate world rather than realistic prices set by the market.

The new take on corporate governance investing may ring a bell for investors familiar with other once-fashionable strategies like the so-called Dogs of the Dow. The idea behind that approach was to buy beaten down stocks in the Dow Jones Industrial Average on the assumption that other investors typically overreacted to bad news. It seemed to work — until the secret got out. Then too many investors vied to buy the same low-priced stocks, bidding the prices back up.

If even one of CEOs’ toughest critics admits that tracking corporate governance moves doesn’t translate into market-beating investment returns, that could be bad news for some popular mutual funds that follow ‘socially responsible’ investing strategies — unless they can continually stay ahead of the curve.

“Nothing works forever in the stock market,” says Julie Gorte, head of sustainable investing for Pax World, one of the best-known fund companies in this group, which together hold about $70 billion, according to Morningstar.

Gorte says Pax, which also weighs other factors like companies’ environmental records, works hard to continually find fresh ways to judge companies. One of the new shibboleths: Whether companies separate chairman and chief executive jobs to dilute the top dog’s sway over the board. “Stock picking is impossible if the world doesn’t change,” she says.

 

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MarketWatch - Stock Market Quotes, Business News, Financial News
Bulletin
Investor Alert

New York Markets Close in:

need to know
When do markets close for Labor Day?
Netflix stock heads toward fifth straight loss
ISM services index slows, but tops forecast
Jobless claims rise to two-month high
U.S. trade deficit shrinks 7.4% to $41.9 billion
Europe markets rise | FTSE 100 heads for gain
L.L. Bean longtime CEO Leon Gorman dies
Treasury's Lew irked by China's FX move

Why maternity leave is shrinking
Blame Marissa Mayer for maternity-leave shrink

Chaos at Budapest train station as migrants rush trains
Syrian refugees reach Norway — via the Arctic

Dovish Draghi signals ECB willing to do more QE

Video: Watch China’s 90-minute military parade in 60 seconds
Watch China’s    90-minute parade in 60 seconds
Xi talks peace, but China parade flexes power
China markets close for war anniversary

Tom Brady's 'Deflategate' suspension overturned by judge, AP reports
Tom Brady’s ‘Deflategate’ suspension overturned
The real Deflategate verdict? NFL’s in trouble

Donald Trump tells Kareem Abdul-Jabbar: ‘You don’t have a clue about life’
Trump’s new feud is with Kareem Abdul-Jabbar

The flat tax and two other policies that separate Ben Carson and Donald Trump
3 policies that divide Ben Carson, Donald Trump

Caroline Baum: No one knows what Trump would do as president, but it’d be great!
What Trump would do as president: It’d be great

Trump, Clinton play liar’s poker: Delamaide

These are the college majors that are dying

They tangled with student debt all summer
College help for low-income families

As investment risk has changed, so should investors’ portfolios
Investment risk has changed, so this must change too

The search for 1,000 angels to help women create startups
The search for 1,000 angels to help women startups

43% of U.S. homes are at high risk of natural disaster
43% of U.S. homes are at high risk of natural disaster

Why the British Hugo Chavez will be good for the economy
Why the U.K. Hugo Chavez will be good for its economy

Bill Gross calls a Fed rate hike ‘too little, too late’
FDIC chief: Rates may catch banks off-guard
Junk-bond stress level climbs to 5-year high

Why India is worth a look if you’re cooling on China

History’s lessons in surviving market crashes

Apple’s biggest challenge: Topping the iPhone 6
Apple set to join content contest
What to expect from the Apple event on Sept. 9

/conga/frontpage.html 354072

Markets »

44.18MDow Volume:
Avg Vol: 113.01M
Unchanged
189
Decliners
2100
Advancers
4141
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,442 +90 0.55%
Nasdaq
/quotes/zigman/12633936/realtime 4,762 +12 0.25%
S&P 500
/quotes/zigman/3870025/realtime 1,960 +11 0.58%
GlobalDow
/quotes/zigman/629063/realtime 2,331 +18 0.76%
Gold
/quotes/zigman/662444/delayed 1,124 -10 0.87%
Oil
/quotes/zigman/2331095/delayed 47.20 +0.95 2.05%
FTSE 100
/quotes/zigman/3173262/delayed 6,194 +111 1.82%
DAX
/quotes/zigman/2380246/delayed 10,318 +270 2.68%
CAC 40
/quotes/zigman/3173214/delayed 4,654 +99 2.17%
FTSE MIB
/quotes/zigman/1482176/delayed 22,177 +565 2.62%
IBEX 35
/quotes/zigman/2759620/delayed 10,042 +104 1.05%
Stoxx 600
/quotes/zigman/2380150/delayed 362 +8 2.37%
Asia Dow
/quotes/zigman/6959860/realtime 2,714 +11 0.40%
Nikkei 225
/quotes/zigman/5986735/delayed 18,182 +87 0.48%
Hang Seng
/quotes/zigman/2622475/delayed 20,935 -250 1.18%
Shanghai
/quotes/zigman/1859015/delayed 3,160 -6 0.20%
Sensex
/quotes/zigman/1652085/delayed 25,765 +311 1.22%
Singapore
/quotes/zigman/1709939/delayed 2,906 +28 0.98%
Euro
/quotes/zigman/16008136/realtime/sampled 1.11 -0.01 0.98%
Yen
/quotes/zigman/16008150/realtime/sampled 120.01 -0.32 0.26%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 0.00 0.32%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 0.00 0.14%
DXY Index
/quotes/zigman/1652083/delayed 96.39 +0.41 0.43%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.81 +0.25 0.28%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.17 -0.02 0.85%
German 10y
/quotes/zigman/15866409/realtime 0.73 -0.06 7.14%
Italy 10yr
/quotes/zigman/15866497/realtime 1.92 -0.07 3.70%
Spain 10yr
/quotes/zigman/15866444/realtime 2.11 -0.04 1.85%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.80 -0.02 0.97%
Japan 10yr
/quotes/zigman/15866525/realtime 0.40 +0.00 0.13%
Crude Oil
/quotes/zigman/2331095/delayed 47 +1 2.05%
Gold
/quotes/zigman/662444/delayed 1,124 -10 0.87%
Corn
/quotes/zigman/7599553/delayed 362 -6 1.50%
DJIA F
/quotes/zigman/38649152/delayed 16,417 +87 0.53%
S&P F
/quotes/zigman/30356461/delayed 1,956 +9 0.46%
Silver
/quotes/zigman/3134148/delayed 15 0 0.15%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 88.96 -0.93 -1.03%
AAPL /quotes/zigman/68270/composite 111.26 -1.08 -0.97%
GOOG /quotes/zigman/30194416/composite 612.12 -2.22 -0.36%
BAC /quotes/zigman/190927/composite 16.00 0.15 0.95%
C /quotes/zigman/5065548/composite 52.12 0.37 0.71%
F /quotes/zigman/264304/composite 13.91 0.04 0.29%
T /quotes/zigman/398198/composite 33.09 0.27 0.83%
BP /quotes/zigman/247026/composite 32.50 0.30 0.93%
GE /quotes/zigman/227468/composite 24.64 0.07 0.28%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
Please log in to view your watchlist
MarketWatch Portfolio

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Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

SPONSORED SECTIONS

Trending Tickers
  • /quotes/zigman/92224/composite ALNY-1.05%
  • /quotes/zigman/307926/composite SNY+0.76%
  • /quotes/zigman/133914/composite LCI+14.39%
  • /quotes/zigman/7601800/composite JOY-16.43%
  • /quotes/zigman/233874/composite MEI+20.55%
X
Powered by StockTwits
Link to MarketWatch's Slice.

As of July 2, 2013, the SmartMoney content you loved now lives on MarketWatch.

MarketWatch will continue to provide the same important news and information you rely on every day. And, as a MarketWatch user, you will be able to enjoy:

  • Personalized news and quote email alerts
  • Editorial e-newsletters about personal finance, mutual funds and market-specific coverage
  • Premium newsletters by our market experts
  • Games, such as Virtual Stock Exchange and Beat the Darts
  • Free WSJ.com registration

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