FILE PHOTO: Jeffrey Gundlach, CEO of DoubleLine Capital LP, presents during the 2019 Sohn Investment Conference in New York City, U.S., May 6, 2019. REUTERS/Brendan McDermid (Reuters) – Jeffrey Gundlach, chief executive of…
Tag: Finance
Column: U.S. legislation will help retirement security, but bigger steps are needed
CHICAGO (Reuters) – Federal policy on retirement security is one chaotic mess right now. FILE PHOTO: A group of elderly people sit in the shade in a park in Vienna, Austria June…
Most SoftBank Vision Fund investors want to join second fund: CEO Son
FILE PHOTO: Japan’s SoftBank Group Corp Chief Executive Masayoshi Son bows his head after his presentation at a news conference in Tokyo, Japan, November 5, 2018. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Most…
Your money: Buying or refinancing? The mortgage rate frenzy is back
NEW YORK (Reuters) – Mortgage rates are nearing historic lows again in the United States, making it an ideal time to buy a home – or refinance. FILE PHOTO: Homes are seen…
Wells Fargo parent is dismissed from lawsuit by Philadelphia, Baltimore
FILE PHOTO: A Wells Fargo logo is seen in New York City, U.S. January 10, 2017. REUTERS/Stephanie Keith NEW YORK (Reuters) – Wells Fargo & Co was dismissed as a defendant in…
Investor Litt says Hudson’s Bay worth double chairman’s C$1.74 billion bid
(Reuters) – Activist shareholder Jonathan Litt lambasted a C$1.74 billion bid to take Canadian retailer Hudson’s Bay Co private as “woefully inadequate” on Tuesday, saying the chairman-led shareholder group looking to push…
Hudson’s Bay chairman’s bid unlikely to get full support: Investor Land & Buildings
(Reuters) – Activist investor Land & Buildings Investment Management LLC said on Tuesday a C$1.74 billion go-private offer for Hudson’s Bay Co from chairman and other shareholders would likely not receive majority…
After Woodford fund suspension, focus turns to its stewards
LONDON (Reuters) – The suspension of Neil Woodford’s flagship fund has put the focus on a little known firm tasked with ensuring his investors were being looked after properly. FILE PHOTO: Neil…
Your Money: Millennials should shrug off annuities for now
NEW YORK (Reuters) – The days of guaranteed pensions from work are long gone, but can annuities make up the difference for millennials? Congress is on the cusp of passing retirement reform…
Father Figures: Dad’s best financial advice
NEW YORK (Reuters) – Fathers pass down many things to their kids, but not just genetic traits like eye color or hairlines. FILE PHOTO: Actor Rob Riggle attends the world premiere of…