Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
UN FCU investment officer discusses stocks on IBloombergI
NEW YORK (11/13/09)--U.S. stocks fell Thursday after six straight gains for the Standard & Poor's 500 Index, and United Nations FCU, New York, was on hand to interpret the retreat for Bloomberg.com. Christopher Sullivan, chief investment officer at the $2.9 billion asset credit union based in Long Island City, told the publication: "To get further rallies from here, we'll have to see continuation of gradual improvements with respect to growth, business activity and hopefully a continuing slowdown in the pace of layoffs." The article noted that the earnings as most U.S. stocks retreated was a disappointment for investors at a number of companies. The Dow Jones Industrial Average climbed to a 13-month high for the second day, said Bloomberg.com (Nov. 12) Sullivan oversees $1.4 billion in investments at the credit union.


RSS print
News Now LiveWire
#NewsNow: CU leagues of 5 states call for merchant breach accountability http://t.co/lnmpna8AoV
14 hours ago
Worker's CU, Fitchburg, Mass., was 1 of 5 CUs recognized with a 2014 @CUNA Technology Council Excellence in Technology Award
16 hours ago
.@Servicecu was 1 of 5 CUs recognized with a 2014 @CUNA Technology Council Excellence in Technology Award.
16 hours ago
SACU of San Antonio was 1 of 5 CUs honored with a 2014 @CUNA Technology Council Excellence in Technology Award
16 hours ago
Credit report tips from @CUNA's Susan Tiffany at @RISMediaUpdates http://t.co/ezefKXwWjw
16 hours ago