NEW YORK (Reuters) – Jeffrey Gundlach, chief executive officer of DoubleLine Capital, on Wednesday said bond prices across the U.S. Treasury yield curve could fall if the 30-year yield closes above 3.25 percent twice in a row. FILE PHOTO: Jeffrey…
NEW YORK (Reuters) – The founders of Diamondback Capital, one of a handful of hedge funds touched by the U.S. government’s insider trading probe, have reunited and are working on a new investment project, people familiar with the matter said….
NEW YORK (Reuters) – Investors favored lower-risk U.S. bond exposure during the latest week, Lipper data showed on Thursday, as trade conflicts, an emerging market crisis and contradictory economic news spoiled the idea of a smooth sprint through the second…
ZURICH (Reuters) – One of the world’s largest bakery companies, Aryzta, has agreed an underwriting deal with five banks, setting the stage for raising 800 million euros ($928.48 million) in new capital to strengthen its balance sheet. FILE PHOTO: A…
BOSTON (Reuters) – Proxy adviser Institutional Shareholder Services on Friday recommended that investors vote in favor of a shareholder proposal at American Outdoor Brands Corp, parent of gun maker Smith & Wesson, calling for a report on the safety of…
NEWARK, N.J. (Reuters) – Prudential Financial Inc is going straight to consumers with its insurance and investment products for the first time in its 143-year history, a move that follows rivals and startups which are already well established in the…
BOSTON (Reuters) – Billionaire investor David Einhorn’s Greenlight Capital hedge fund, whose bets on car companies General Motors (GM.N) and Tesla (TSLA.O) both moved against him in August, lost 7.6 percent this month, leaving the fund down 25.1 percent for…
CHICAGO (Reuters) – Parents may think they can stop paying attention to financial aid after their child has decided on a college, but those offers generally apply to only the first year. FILE PHOTO: Messages and artwork are pictured on…
SYDNEY (Reuters) – Initial findings from a powerful inquiry into Australia’s financial sector strongly criticized pension funds run by National Australia Bank and Commonwealth Bank for regulatory breaches including overcharging customers and failing to act in their best interest. FILE…
NEW YORK (Reuters) – U.S. fund investors apparently saw a buying opportunity in China despite ongoing trade tensions, adding their most exposure to that market since January, Lipper data for the latest week showed on Thursday. FILE PHOTO: Shipping containers,…
