Category: Reuters – Stock Market News
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UBS Wealth closes U.S. equity overweight, favors emerging stocks
FILE PHOTO: Mark Haefele, Global Chief Investment Officer of UBS Wealth Management attends the Reuters Investment Summit, London, Britain, November 16, 2017. REUTERS/Paul Hackett (Reuters) – UBS Global Wealth Management […]
Collapsed hedge fund Columna sues Permira-backed former managers
LONDON (Reuters) – The new managers of Columna Commodities Fund, a Luxembourg hedge fund which went into liquidation in early 2017, have said they are suing its former managers Alter […]
Exclusive: Advent readies new $2.2 billion Latam private equity fund – sources
SAO PAULO (Reuters) – U.S. private equity firm Advent International Corp is preparing to launch a $2.2 billion fund to invest in Latin American companies, two people with knowledge of […]
Norway’s wealth fund extends ownership of New York real estate
OSLO (Reuters) – Norway’s sovereign wealth fund will pay about $98 million dollars to extend the term of its ownership in a portfolio of New York properties and to acquire […]
Bridgewater warns of peak U.S. profit margins, lower stock prices
(Reuters) – The major drivers of high U.S. corporate profit margins are unsustainable and “now under threat”, which will eventually result in much lower equity prices, Bridgewater Associates, the world’s […]
Corvex’s Meister likes Diamondback Energy after it bought Energen
FILE PHOTO: Keith Meister, Managing Partner and Chief Investment Officer of Corvex Management, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan McDermid/File Photo […]
Starboard takes new position in KAR Auction Services
FILE PHOTO: Jeffrey Smith, CEO of Starboard Value LP speaks during an interview on CNBC on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March […]
Short European stocks still ‘most crowded trade,’ BAML survey shows
LONDON (Reuters) – Short positioning on European equities was the “most crowded trade” for the second straight month in April, a survey of fund managers by Bank of America Merrill […]
Short European equities still ‘most crowded trade’: BAML survey
FILE PHOTO: The company logo of the Bank of America and Merrill Lynch is displayed at its office in Hong Kong March 8, 2013. REUTERS/Bobby Yip LONDON (Reuters) – Short […]
German Garden Gnome-Maker To Retire; 145-Year-Old Company Seeks Successor
Griebel, one of Germany’s last-surviving gnome makers, is reportedly looking for new leadership as its owner prepares to retire. What Happened The 145-year-old business makes iconic gnome statues that call gardens worldwide their home. […]
Meditate to the tax finish line
NEW YORK(Reuters) – Stressed out by the tax deadline on April 15? FILE PHOTO: A tax sign is pictured on an H&R Block tax office in Los Angeles, California, April […]
How to create connections at work in the age of isolation
NEW YORK (Reuters) – If an overflowing inbox is killing your productivity at the office, you are not alone. FILE PHOTO: Workers are seen in an office tower in the […]
Australian wealth manager IOOF hit with class-action lawsuit
SYDNEY (Reuters) – Australia’s embattled second-largest wealth manager, IOOF Holdings Ltd, was sued on Friday by shareholders who alleged the company engaged in deceptive conduct and breached sharemarket disclosure obligations. […]
Bank of America Merrill Lynch names new country executives for Japan, Australia: memo
FILE PHOTO: The company logo of the Bank of America and Merrill Lynch is displayed at its office in Hong Kong March 8, 2013. REUTERS/Bobby Yip/File Photo HONG KONG (Reuters) […]
U.S.-based investment-grade bond funds extend 2019’s weekly inflow streak
(Reuters) – Investors put money to work in corporate credit markets in the latest week, with U.S.-based investment-grade corporate bond funds attracting about $3.47 billion in the week ended on […]
U.S.-based investment-grade bond funds extend weekly inflow streak for 2019
(Reuters) – Investors put money to work in corporate credit markets in the latest week, with U.S.-based investment-grade corporate bond funds attracting about $3.47 billion in the week ended on […]
Credit Suisse names Sommerhalder to lead Asia trading solutions business
The Credit Suisse logo is pictured on a bank in Geneva, Switzerland, October 17, 2017. REUTERS/Denis Balibouse HONG KONG (Reuters) – Credit Suisse Group AG on Thursday named veteran banker […]
How to say the ‘R-word’: bank executives grapple with recession talk
NEW YORK (Reuters) – Executives at the largest U.S. banks are grappling with how to best talk about the slowing economy and its impact on their businesses as they enter […]
Your Money: Cash is king with millennials, but delays adulting
NEW YORK (Reuters) – Cash is king with young people, but it is not helping them build a credit history or boost their credit scores. FILE PHOTO: U.S. dollar bills […]
Investors stage largest two-week retreat from U.S. stocks since July
NEW YORK (Reuters) – Investors pulled nearly net $7.5 billion out of mutual funds and exchange-traded funds that hold U.S. stocks last week, capping the largest two-week retreat from the […]