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12.12.2018

U.S. fund investors compound pain for bond markets

U.S. fund investors sold more bonds in December's opening days, the Investment Company Institute (ICI) said on Wednesday, putting even more of a chill on markets where companies and governments...
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12.12.2018

DoubleLine's Gundlach says S&P 500 likely to go below February 2018 lows

Jeffrey Gundlach, chief executive of DoubleLine Capital, said Tuesday on an investor webcast that the Standard & Poor's 500 Index is likely to go below its February 2018 lows.
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11.12.2018

Struggling hedge funds cling to dollar, U.S. yield curve bets: McGeever

Hedge funds have struggled badly in 2018, but would be faring far worse were they not on the right side of two of the most reliable trades of the year: a flattening U.S. yield curve and a stronger...
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10.12.2018

Wells Fargo won't be allowed to grow unless problems fixed: Fed's Powell

Wells Fargo & Co must keep a lid on its growth until the bank has hardened its risk management policies to prevent any further abuse of its customers, said Jerome Powell, chairman of the Federal...
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10.12.2018

In a tight labor market, companies bet big on five-year rewards

In the old days, longtime employees in the United States were honored with a gold watch after 30 years or so at a company.
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07.12.2018

Investors flee bonds and stocks in turbulent week for growth and trade

Investors pulled billions from bonds and stocks this week as U.S. bond movements triggered fears over global growth and a trade tussle between the United States and China heated up, strategists at...
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07.12.2018

Medicare Advantage plans get unfair push from U.S. government: critics

Insurance companies do not need any help marketing Medicare Advantage plans - just ask anyone over age 65 about the pitches that clog their mailboxes every year during the fall enrollment period, or...
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06.12.2018

Employee rights group says Wells Fargo declined planned meeting

A union-backed bank employee rights group is complaining after Wells Fargo & Co declined to meet with members last week, according to a letter sent to Chief Executive Tim Sloan viewed exclusively by...
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06.12.2018

BlackRock's Rieder buying longer-term bonds as Fed pause seems likely

BlackRock Inc's Rick Rieder is buying longer-term bonds because softening inflation could force the U.S. Federal Reserve to pause interest rate hikes, the top fixed-income investor told Reuters this...
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05.12.2018

First steps towards a life of giving back

Here is some good news to hold onto this holiday season: Americans are giving more than ever.
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05.12.2018

DoubleLine's Gundlach says Treasuries point to economy ready to weaken

Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said the U.S. Treasury yield curve inversion on short-end maturities was signaling the "economy is poised to weaken."
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03.12.2018

U.S. top court signals it will buttress anti-fraud securities laws

U.S. Supreme Court justices on Monday appeared reluctant to further limit the scope of who can be held liable for violating laws that protect investors from securities fraud as they weighed an appeal...
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03.12.2018

Moelis hires from BlackRock, hedge fund for activist defense team

Investment bank Moelis & Co said on Monday it has hired an executive from the world's largest index fund manager, BlackRock Inc, as well as a hedge fund professional, for its team advising companies...
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03.12.2018

Can better cancer care lower company's health costs?

When companies try to tackle rising healthcare costs, shifting more of the burden to employees is increasingly the strategy of choice.
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01.12.2018

Losses at Einhorn's hedge fund Greenlight grow in November

Billionaire investor David Einhorn told investors on Friday that losses at his hedge fund Greenlight Capital grew this month, leaving the fund down nearly 28 percent for the year.
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30.11.2018

Equities fund Brenham Capital to shut as energy stocks plunge

Brenham Capital Management LP, an energy equities fund manager with about $800 million in assets under management, will shut after two years of losses, its founder said in a letter to investors on...
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29.11.2018

U.S. mutual fund sales signal retail investor caution

U.S. mutual fund investors pulled $13.7 billion from stocks and bonds during the latest week, according to data released on Thursday by Lipper underscoring retail investors' rising concerns over...
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29.11.2018

Column: Future U.S. seniors to face housing crunch as wealth declines

American homes are showing their age - not the houses, but the people living in them.
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28.11.2018

Pimco buys all of $3 billion UniCredit bond: sources

U.S. fund Pacific Investment Management Co (Pimco) has bought all of a $3 billion, five-year bond offered with a hefty return by Italy's top bank UniCredit to comply with capital buffer rules, two...
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28.11.2018

Money disasters can derail retirement

Karyn Golden’s income was approaching $200,000 as she lived a carefree single existence at the peak of her career in Chicago, 20 years ago. She brokered real estate deals, served on boards and...
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