List/Grid Tag Archives: money

'Toxic cocktail' brewing for U.S. asset managers: hedge fund investor Kass

'Toxic cocktail' brewing for U.S. asset managers: hedge fund investor Kass

FILE PHOTO: Doug Kass, founder of hedge fund Seabreeze Partners Management Inc, sits at his desk at his home in Palm Beach, Florida April 30, 2013. REUTERS/Joe Skipper/File Photo (Reuters)… Read more »

Fingerprints and finances: next Wells Fargo CEO will be under regulatory microscope

Fingerprints and finances: next Wells Fargo CEO will be under regulatory microscope

WASHINGTON (Reuters) – From submitting their fingerprints to giving up their tax records, Wells Fargo & Co’s next chief executive will go through a vetting process that could rival that… Read more »

Exclusive: Elliott Management opposes airline Azul on Avianca Brasil bankruptcy plan

Exclusive: Elliott Management opposes airline Azul on Avianca Brasil bankruptcy plan

SAO PAULO (Reuters) – U.S. hedge fund Elliott Management is opposing a new plan by Brazilian airline Azul SA to purchase some of the routes operated by financially troubled rival… Read more »

Philly refiner defers retirement fund payments to employees: letter

Philly refiner defers retirement fund payments to employees: letter

NEW YORK (Reuters) – Philadelphia Energy Solutions will defer retirement payments to union members until next year, the company said in a letter to the union last week, the latest… Read more »

Investors shun equities, pile into bonds in past week: BAML

Investors shun equities, pile into bonds in past week: BAML

LONDON (Reuters) – Investors are neither extremely bullish nor bearish, according to Bank of America Merrill Lynch’s gauge of market sentiment, as they weigh the impact of trade tensions between… Read more »

Your money: Cosigning a student loan? Be prepared to pay

Your money: Cosigning a student loan? Be prepared to pay

NEW YORK (Reuters) – Is your college-bound child a good credit risk? FILE PHOTO: Messages and artwork are pictured on the top of the caps of graduating students during their… Read more »

U.S.-based equity funds post $12.27 billion outflows amid U.S.-China trade tensions

U.S.-based equity funds post $12.27 billion outflows amid U.S.-China trade tensions

(Reuters) – Investors rattled by lingering trade tensions between the United States and China pulled $12.27 billion from U.S.-based equity funds in the week ended Wednesday, according to data released… Read more »

Soros Fund Management increases stake in Tesla convertible bonds: filings

Soros Fund Management increases stake in Tesla convertible bonds: filings

FILE PHOTO: Business magnate George Soros arrives to speak at the Open Russia Club in London, Britain June 20, 2016. REUTERS/Luke MacGregor/File Photo (Reuters) – Billionaire George Soros’ investment firm,… Read more »

Buffett's Berkshire unveils $861 million Amazon stake

Buffett's Berkshire unveils $861 million Amazon stake

(Reuters) – Warren Buffett’s Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted to underestimating the online retailer… Read more »

Buffett's Berkshire reveals $861 million Amazon stake

Buffett's Berkshire reveals $861 million Amazon stake

FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha,… Read more »

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