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New York Markets After Hours

need to know
FireEye earnings beat expectations
AIG swings to fourth-quarter operating loss
Groupon shares rally 12% on earnings beat
Pandora posts wider loss, misses targets
CBS shares tick lower after hours
Gold soars $50 to highest finish in a year
Crude-oil futures close near a 13-year low
U.S. stock-market plunge paced by financials
Treasury yields at lowest level since 2012

Boeing has long history of accounting probes
Boeing on course for record loss

Is this the week central banks lost market credibility?

10 stocks leading the market’s decline Thursday
The stocks you need to fight off bear-market flu
Think like Warren Buffett — buy what’s ugly

Buy Twitter stock? Only if you trust Dorsey and company
Twitter message: Its critics were right
Twitter adds new timeline feature
Jeff Reeves: Is Twitter’s worst really over?

U.S. cities with the most and least vacant housing
  4 hidden hazards that lurk in your home
Location Scouts: Insider intel from top markets

Valeant’s M&A accounting cushions its income

Tesla predicts rosy 2016 —can Musk deliver?
Tesla reports loss, but says profit in sight
Tesla’s Model 3: 5 things we now know

Most popular new iOS emoji? Eye roll, please ...

Yellen in Senate: Stock swoon not Fed fault

Jobless claims data show no sign of a layoff spike

The greatest bull market of all time probably isn’t what you think it is
Greatest bull market ever likely isn’t what you think

Chuck Jaffe: It’s time for these trendy mutual funds and ETFs to put up or shut up
Time for trendy ETFs, funds to put up or shut up

Rio Tinto swings to loss, drops dividend policy
Total narrows loss on fewer write-downs
Glencore copper, zinc output falls on cutbacks


Jeb Bush says Trump would be worse than Obama

FBI has closed in on Oregon refuge holdouts

North Korea reportedly has executed top general

India set to outpace China in demand for oil
If you’re bullish on oil, these stocks are buys

Which of Europe’s Piigs might fly?
Which of Europe’s PIIGs might be set to fly?

The 10 toughest investment decisions

Bass issues warning on China’s foreign cash reserves
What’s holding back the world economy?
China's FX reserves drop $99.47 bln


Will falling oil prices bankrupt Saudis, Russians?
Cheap oil may make OPEC dominant again
As oil revenue drops, Gulf states ponder taxes
Will oil get so cheap, it won’t pay to extract it?

Hearing loss now hits 1 in 3 Americans over 65
Hearing loss now hits 1 of every 3 Americans over 65

REIT bonus targets at heart of Brixmor scandal

Even private-equity firms are buying back shares

Has the idea of college financial aid totally backfired?
Michael Moore: Imagine life without student debt
6 ways Obama would make college affordable


/conga/frontpage.html 367760

Markets »

172.07MDow Volume:
Avg Vol: 131.80M
Unchanged
147
Decliners
4753
Advancers
1612
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 15,660 -255 1.60%
Nasdaq
/quotes/zigman/12633936/realtime 4,267 -17 0.39%
S&P 500
/quotes/zigman/3870025/realtime 1,829 -23 1.23%
GlobalDow
/quotes/zigman/629063/realtime 2,046 -34 1.63%
Gold
/quotes/zigman/33772884/delayed 1,247 +52 4.39%
Oil
/quotes/zigman/2260836/delayed 27.30 -0.15 0.55%
FTSE 100
/quotes/zigman/3173262/delayed 5,537 -135 2.39%
DAX
/quotes/zigman/2380246/delayed 8,753 -264 2.93%
CAC 40
/quotes/zigman/3173214/delayed 3,897 -164 4.05%
FTSE MIB
/quotes/zigman/1482176/delayed 15,773 -941 5.63%
IBEX 35
/quotes/zigman/2759620/delayed 7,746 -397 4.88%
Stoxx 600
/quotes/zigman/2380150/delayed 304 -12 3.68%
Asia Dow
/quotes/zigman/6959860/realtime 2,436 -17 0.71%
Nikkei 225
/quotes/zigman/5986735/delayed 15,713 -372 2.31%
Hang Seng
/quotes/zigman/2622475/delayed 18,546 -742 3.85%
Shanghai
/quotes/zigman/1859015/delayed 2,763 -18 0.63%
Sensex
/quotes/zigman/1652085/delayed 22,952 -807 3.40%
Singapore
/quotes/zigman/1709939/delayed 2,538 -44 1.70%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 0.00 0.02%
Yen
/quotes/zigman/16008150/realtime/sampled 112.39 -0.03 0.03%
Pound
/quotes/zigman/16008140/realtime/sampled 1.45 0.00 0.00%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.71 +0.00 0.01%
DXY Index
/quotes/zigman/1652083/delayed 95.59 -0.24 0.25%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.75 -0.01 0.01%
U.S. 10yr
/quotes/zigman/15866666/realtime 1.66 -0.05 2.88%
German 10y
/quotes/zigman/15866409/realtime 0.19 -0.05 21.45%
Italy 10yr
/quotes/zigman/15866497/realtime 1.72 +0.07 4.42%
Spain 10yr
/quotes/zigman/15866444/realtime 1.77 +0.05 2.99%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.30 -0.11 7.92%
Japan 10yr
/quotes/zigman/15866525/realtime 0.01 0.00 0.00%
Crude Oil
/quotes/zigman/2260836/delayed 27 0 0.55%
Gold
/quotes/zigman/33772884/delayed 1,247 +52 4.39%
Corn
/quotes/zigman/25518691/delayed 361 +1 0.21%
DJIA F
/quotes/zigman/48241424/delayed 15,627 -239 1.51%
S&P F
/quotes/zigman/43106711/delayed 1,826 -21 1.15%
Silver
/quotes/zigman/32655632/delayed 16 +1 3.36%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 101.91 0.91 0.90%
AAPL /quotes/zigman/68270/composite 93.70 -0.57 -0.60%
GOOG /quotes/zigman/59527964/composite 683.11 -1.01 -0.15%
BAC /quotes/zigman/190927/composite 11.16 -0.82 -6.84%
C /quotes/zigman/5065548/composite 34.98 -2.43 -6.50%
F /quotes/zigman/264304/composite 11.17 -0.17 -1.50%
T /quotes/zigman/398198/composite 36.21 -0.22 -0.60%
BP /quotes/zigman/247026/composite 27.64 -0.40 -1.43%
GE /quotes/zigman/227468/composite 27.45 -0.85 -3.00%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
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World News from MarketWatch

Rates »

5 yr CD
1.3%
2 yr CD
0.7%
1 yr CD
0.5%
MMA $10K+
0.2%
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 11.96% 11.96% 11.62%
Business 13.12% 13.12% 12.85%
Student 13.42% 13.42% 13.14%
Balance Transfer 14.35% 14.35% 14.12%
Airline 15.17% 15.17% 15.10%
Cash Back 15.20% 15.26% 15.27%
Reward 15.25% 15.28% 15.14%
Instant Approval 18.02% 18.21% 18.00%
Bad Credit 22.56% 22.88% 22.73%
Source:CreditCards.com

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Trending Tickers
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  • /quotes/zigman/5419837/composite P+8.21%
  • /quotes/zigman/21587200/composite FEYE-0.48%
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SmartMoney Blogs

Encore
A blog about living in and planning for retirement

A price-cutting war in your 401(k)

The jury is still out on Washington’s big effort to wring costs out of America’s 401(k) system by making the industry disclose those costs more clearly. But a wave of recent price cuts by big-name mutual fund companies suggests that the new reform efforts are gaining traction.

In recent months, MFS, Putnam, John Hancock, Janus and Columbia separately began offering cheaper versions of many of their funds to use in retirement plans. For example, MFS now offers a retirement-plan share class of its $21 billion MFS Value (MEIKX) fund, which costs investors $60 a year for every $10,000 invested. That’s in addition to the company’s four other retirement share classes that charge  anywhere from $69 to $169. Likewise, new share classes for the $4.5 billion Putnam Fund for Growth & Income (PGREX) charge as little as $58 a year per $10,000, compared with $137 for its other retirement shares.

Across the market, the average annual fee paid by investors in active stocks funds last year was $93 per $10,000 invested, according to the Investment Company Institute.

While investors won’t all realize such eye-popping savings — 401(k)s are a bit more complicated than that — the changes are good news for retirement savers, according to Ryan Mullen, head of the defined contribution investments business at MFS. “Ultimately, this is going to mean lower fees,” he says.

Experts say the moves, previously reported by the trade journal Ignites, are a response to the Labor Department’s effort to squeeze waste from retirement plans by requiring plan providers to give employers much more information about who pays what.

A key concern for regulators are pricier mutual fund share classes that collect money from investors not just for picking stocks but also to defray other plan costs like keeping track of account balances, mailing out statements, and even paying the stockbrokers that helped design the plans. To be sure, these gold-plated versions will still remain available to employers that prefer them. And because the new cheap versions are bare bones, some plans that adopt them may need to slap participants with separate administrative fees to make up for some of the lost revenue.

Nonetheless, touting the potential of the low-cost shares is something of a departure for Wall Street. Last year, when the Investment Company Institute, the fund industry’s powerful trade group, published a major study of retirement plans, it emphasized plan size and account balances as “primary drivers” of costs — and didn’t examine whether fee structures might inflate what investors pay.

On Monday, a spokesman for the institute said, “Long experience in the mutual fund industry shows that disclosure fosters competition and competition drives down fees, to the benefit of investors.”

One way the new low-priced share classes are likely reduce overall fees is simply by focusing employers’ attention more closely on what they are asking their employees to pay, experts say.

That’s especially true when small companies grow into large ones, according to Peter Whitman, head of Putnam’s defined contribution investment only group.

Because of economies of scale, workers at small employers tend to pay more — a fact of life. In the past, however, fast-growing companies haven’t necessarily been aggressive about grabbing the discounts that their greater size entitles them to. For those companies, in particular, the emergence of lower share classes could still have a significant impact. “It’s more transparent,” Whitman says. “It lowers expenses.”

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About Encore

  • Encore examines the changing nature of retirement, from new rules and guidelines for financial security to the shifting identities and priorities of today’s retirees. The blog also explores news that affects retirement, from the Wall Street Journal Digital Network and around the web. Lead bloggers are reporter Catey Hill and senior editor Jeremy Olshan. Other contributors include The Wall Street Journal’s retirement columnists Glenn Ruffenach and Anne Tergesen; the Director for the Center for Retirement Research at Boston College, Alicia Munnell; and the Director of Research for Pinnacle Advisory Group, Michael Kitces, CFP.

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

New York Markets After Hours

need to know
FireEye earnings beat expectations
AIG swings to fourth-quarter operating loss
Groupon shares rally 12% on earnings beat
Pandora posts wider loss, misses targets
CBS shares tick lower after hours
Gold soars $50 to highest finish in a year
Crude-oil futures close near a 13-year low
U.S. stock-market plunge paced by financials
Treasury yields at lowest level since 2012

Boeing has long history of accounting probes
Boeing on course for record loss

Is this the week central banks lost market credibility?

10 stocks leading the market’s decline Thursday
The stocks you need to fight off bear-market flu
Think like Warren Buffett — buy what’s ugly

Buy Twitter stock? Only if you trust Dorsey and company
Twitter message: Its critics were right
Twitter adds new timeline feature
Jeff Reeves: Is Twitter’s worst really over?

U.S. cities with the most and least vacant housing
  4 hidden hazards that lurk in your home
Location Scouts: Insider intel from top markets

Valeant’s M&A accounting cushions its income

Tesla predicts rosy 2016 —can Musk deliver?
Tesla reports loss, but says profit in sight
Tesla’s Model 3: 5 things we now know

Most popular new iOS emoji? Eye roll, please ...

Yellen in Senate: Stock swoon not Fed fault

Jobless claims data show no sign of a layoff spike

The greatest bull market of all time probably isn’t what you think it is
Greatest bull market ever likely isn’t what you think

Chuck Jaffe: It’s time for these trendy mutual funds and ETFs to put up or shut up
Time for trendy ETFs, funds to put up or shut up

Rio Tinto swings to loss, drops dividend policy
Total narrows loss on fewer write-downs
Glencore copper, zinc output falls on cutbacks


Jeb Bush says Trump would be worse than Obama

FBI has closed in on Oregon refuge holdouts

North Korea reportedly has executed top general

India set to outpace China in demand for oil
If you’re bullish on oil, these stocks are buys

Which of Europe’s Piigs might fly?
Which of Europe’s PIIGs might be set to fly?

The 10 toughest investment decisions

Bass issues warning on China’s foreign cash reserves
What’s holding back the world economy?
China's FX reserves drop $99.47 bln


Will falling oil prices bankrupt Saudis, Russians?
Cheap oil may make OPEC dominant again
As oil revenue drops, Gulf states ponder taxes
Will oil get so cheap, it won’t pay to extract it?

Hearing loss now hits 1 in 3 Americans over 65
Hearing loss now hits 1 of every 3 Americans over 65

REIT bonus targets at heart of Brixmor scandal

Even private-equity firms are buying back shares

Has the idea of college financial aid totally backfired?
Michael Moore: Imagine life without student debt
6 ways Obama would make college affordable


/conga/frontpage.html 367760

Markets »

172.07MDow Volume:
Avg Vol: 131.80M
Unchanged
147
Decliners
4753
Advancers
1612
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 15,660 -255 1.60%
Nasdaq
/quotes/zigman/12633936/realtime 4,267 -17 0.39%
S&P 500
/quotes/zigman/3870025/realtime 1,829 -23 1.23%
GlobalDow
/quotes/zigman/629063/realtime 2,046 -34 1.63%
Gold
/quotes/zigman/33772884/delayed 1,247 +52 4.39%
Oil
/quotes/zigman/2260836/delayed 27.30 -0.15 0.55%
FTSE 100
/quotes/zigman/3173262/delayed 5,537 -135 2.39%
DAX
/quotes/zigman/2380246/delayed 8,753 -264 2.93%
CAC 40
/quotes/zigman/3173214/delayed 3,897 -164 4.05%
FTSE MIB
/quotes/zigman/1482176/delayed 15,773 -941 5.63%
IBEX 35
/quotes/zigman/2759620/delayed 7,746 -397 4.88%
Stoxx 600
/quotes/zigman/2380150/delayed 304 -12 3.68%
Asia Dow
/quotes/zigman/6959860/realtime 2,436 -17 0.71%
Nikkei 225
/quotes/zigman/5986735/delayed 15,713 -372 2.31%
Hang Seng
/quotes/zigman/2622475/delayed 18,546 -742 3.85%
Shanghai
/quotes/zigman/1859015/delayed 2,763 -18 0.63%
Sensex
/quotes/zigman/1652085/delayed 22,952 -807 3.40%
Singapore
/quotes/zigman/1709939/delayed 2,538 -44 1.70%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 0.00 0.02%
Yen
/quotes/zigman/16008150/realtime/sampled 112.39 -0.03 0.03%
Pound
/quotes/zigman/16008140/realtime/sampled 1.45 0.00 0.01%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.71 +0.00 0.01%
DXY Index
/quotes/zigman/1652083/delayed 95.59 -0.24 0.25%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.75 -0.01 0.01%
U.S. 10yr
/quotes/zigman/15866666/realtime 1.66 -0.05 2.88%
German 10y
/quotes/zigman/15866409/realtime 0.19 -0.05 21.45%
Italy 10yr
/quotes/zigman/15866497/realtime 1.72 +0.07 4.42%
Spain 10yr
/quotes/zigman/15866444/realtime 1.77 +0.05 2.99%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.30 -0.11 7.92%
Japan 10yr
/quotes/zigman/15866525/realtime 0.01 0.00 0.00%
Crude Oil
/quotes/zigman/2260836/delayed 27 0 0.55%
Gold
/quotes/zigman/33772884/delayed 1,247 +52 4.39%
Corn
/quotes/zigman/25518691/delayed 361 +1 0.21%
DJIA F
/quotes/zigman/48241424/delayed 15,627 -239 1.51%
S&P F
/quotes/zigman/43106711/delayed 1,826 -21 1.15%
Silver
/quotes/zigman/32655632/delayed 16 +1 3.36%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 101.91 0.91 0.90%
AAPL /quotes/zigman/68270/composite 93.70 -0.57 -0.60%
GOOG /quotes/zigman/59527964/composite 683.11 -1.01 -0.15%
BAC /quotes/zigman/190927/composite 11.16 -0.82 -6.84%
C /quotes/zigman/5065548/composite 34.98 -2.43 -6.50%
F /quotes/zigman/264304/composite 11.17 -0.17 -1.50%
T /quotes/zigman/398198/composite 36.21 -0.22 -0.60%
BP /quotes/zigman/247026/composite 27.64 -0.40 -1.43%
GE /quotes/zigman/227468/composite 27.45 -0.85 -3.00%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
Please log in to view your watchlist
MarketWatch Portfolio

World News from MarketWatch

Rates »

5 yr CD
1.3%
2 yr CD
0.7%
1 yr CD
0.5%
MMA $10K+
0.2%
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 11.96% 11.96% 11.62%
Business 13.12% 13.12% 12.85%
Student 13.42% 13.42% 13.14%
Balance Transfer 14.35% 14.35% 14.12%
Airline 15.17% 15.17% 15.10%
Cash Back 15.20% 15.26% 15.27%
Reward 15.25% 15.28% 15.14%
Instant Approval 18.02% 18.21% 18.00%
Bad Credit 22.56% 22.88% 22.73%
Source:CreditCards.com

SPONSORED SECTIONS

Trending Tickers
  • /quotes/zigman/110164/composite ATVI+1.23%
  • /quotes/zigman/413712/composite USO+0.41%
  • /quotes/zigman/5419837/composite P+8.21%
  • /quotes/zigman/21587200/composite FEYE-0.48%
  • /quotes/zigman/220026/composite BA-6.81%
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