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
Positive performance indicators and the potential for rising interest rates in @TheNCUA 's latest economic update. http://t.co/yptPbIGvnU
45 minutes ago
The @CFPB has launched a nationwide effort to provide financial education. http://t.co/sF3FXHpv3k
1 hours ago
See @CUNA's @SchenkMike on TheStreet discussing a new surge consumer confidence http://t.co/SqjarTBLCQ
1 hours ago
.@CFPB pushes back cmmt deadline on proposal to allow consumer narratives in complaints database--now 9/22, was 8/22. http://t.co/mHLlRVjEij
2 hours ago
@FHFA will hold 8/14 outreach in Atlanta for homeowners who still could benefit from the HARP refinance program. More in #NewsNow Thurs.
2 hours ago