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18.01.2019

Trian to skip PPG board challenge after new commitments: sources

Trian Fund Management LP will not challenge PPG Industries Inc's board of directors at its 2019 shareholder meeting after the U.S. paints and coatings company met some of the activist hedge fund's...
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18.01.2019

Gulfport pledges share buybacks after hedge fund demand

Natural gas and oil firm Gulfport Energy Corp said it would buy back $400 million of shares on Thursday, just hours after a public demand to that effect from hedge fund investor Firefly Value...
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17.01.2019

Your Money: The words and wisdom of Jack Bogle

America just lost a true giant in investing legend and Vanguard Group founder Jack Bogle.
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17.01.2019

John Bogle, Vanguard founder and low-cost investing pioneer, dies at 89

John Bogle, whose family's struggles during the Great Depression led him to pioneer low-cost investing and to found Vanguard Group, now the world's biggest mutual fund firm, died on Wednesday at the...
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17.01.2019

Finding the bright side in a graying U.S. workforce

(The opinions expressed here are those of the author, a columnist for Reuters.)
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16.01.2019

Investors end 13 straight weeks of U.S. fund withdrawals

Investors sweetened on financial markets in early January and ended a 13-week retreat from U.S.-based funds, the Investment Company Institute (ICI) said on Wednesday.
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16.01.2019

Guggenheim's Scott Minerd says Fed will pause to start 2019

The Federal Reserve is likely to hold its interest rate hikes on pause for the start of 2019 in order to stabilize markets, given economic growth is set to slow and financial conditions having...
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16.01.2019

Your Money: Can you make $100 grow into a house?

My preteen daughter earned her first dollars in 2018, so I wanted to seed her retirement account. But what can you do with $100 or so?
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15.01.2019

Exclusive: Jana liquidates two hedge funds, to focus only on activism

Jana Partners LLC, founded by Barry Rosenstein, is shutting down two stock-picking hedge funds following losses and will focus instead on its main strategy of investing in a handful of companies and...
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15.01.2019

Cruiser Capital vows to fight on at Ashland even after board deal

Hedge fund Cruiser Capital said it plans to press on with its proxy fight at Ashland Global Holdings even after the specialty chemicals business struck a deal to refresh its board with another large...
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15.01.2019

Living the tech dream, thanks to a novel apprenticeship program

While growing up in Seattle, Enrique Rico's mom cleaned the posh homes of Microsoft employees. When Rico tagged along on sick days from school, he dreamed of having the life of a technology worker.
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15.01.2019

Investors unnerved by company debt, shunning Europe, UK: BAML survey

Investors' concerns about company leverage hit a ten-year high as they continued to position against the risk of a global trade war, Tuesday's Bank of America Merrill Lynch's January fund manager...
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14.01.2019

Proxy advisory firm ISS backs two dissident nominees in Luby's fight

Proxy advisory firm Institutional Shareholder Services is recommending that shareholders elect two dissident nominees at Luby's Inc after the current board oversaw "alarming underperformance" at the...
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14.01.2019

Your Money: How Dry January is changing finances

(The writer is a Reuters contributor. The opinions expressed are his own.)
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11.01.2019

Citigroup allows hedge fund ValueAct more access

Citigroup Inc will give ValueAct Capital more access to its books and board of directors, signaling that the bank and the activist hedge fund are deepening their relationship roughly a year after...
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11.01.2019

Investor Schonfeld opens London office, aims to boost foreign bets

Multibillion-dollar U.S. hedge fund investor Schonfeld Strategic Advisors opened an office in London and hired two portfolio managers as the firm seeks to make more investments outside of the United...
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11.01.2019

Are age-based funds protecting U.S. investors close to retirement?

(The opinions expressed here are those of the author, a columnist for Reuters.)
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11.01.2019

Money woes? More companies help workers build emergency funds

At the Springdale Ice Cream and Beverage factory in Cincinnati, workers were coming to the human resources department with money troubles, wanting cash advances on their pay.
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11.01.2019

Investors plow billions into stocks, bonds and EM assets as risk appetite returns: BAML

Global investors plowed money back into stocks and bonds this week as they regained their appetite for risk, boosted by dovish comments from Federal Reserve Chairman Jerome Powell.
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11.01.2019

Investment bank Perella Weinberg plans to name Peter Weinberg as CEO: source

Investment bank Perella Weinberg Partners plans to name Peter Weinberg as its chief executive officer with current CEO Robert Steel set to become the company's chairman, a person familiar with the...
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