05/03/2016
Billionaire investor William Ackman on Monday mounted a vigorous defense of Valeant Pharmaceuticals , ruling out any sale of the drug company's "crown jewel" assets but saying price cuts and even a new name may be in its future.
05/02/2016
Nuveen Investments, an operating division of TIAA Global Asset Management, today announced the completion of the acquisition of Incapital’s Unit Trust platform.
04/29/2016
WCG Management, which is based in New York, is a macro fund that seeks to profit from economic trends by trading everything from currencies to commodities.
04/28/2016
Reilly cited steady expansion by both the company’s independent and employee channels into the Northeast, California, Oregon and Washington markets where Raymond James has traditionally had a low market share.
04/27/2016
They pointed to recovering oil prices, less volatility around China's currency, and most importantly—the weaker dollar.
04/26/2016
In theory, hedge funds can pursue a lucrative strategy of buying impaired bonds from less knowledgeable investors at deeply discounted prices and then taking aggressive legal action to collect all, or almost all, of the promised principal and interest.
04/25/2016
This sustained improvement mirrors the state of the US labour market. Participation rates, which measure the active portion of the economy, edged up to 63.0% in March, according to US Bureau of Labor Statistics data.