NEW YORK (Reuters) - A decades-old feud between a Philadelphia judge and the late actor Charlton Heston may have helped a Pennsylvania man get his 1998 murder conviction overturned on Tuesday.
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الثلاثاء، 28 فبراير 2017
Hedge funds are cutting their fees: surveys
BOSTON (Reuters) - Investors disappointed by hedge funds' poor returns and managers eager to pull in fresh money are seeing eye to eye: the industry's once-hefty fees are being rolled back.
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Volatility, inflation risk are compelling investments in '17: Pimco
NEW YORK (Reuters) - Risks of both rising stock market volatility and inflation coupled with substantial underpricing on both fronts make both areas compelling investments for 2017, Pacific...
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Austerity measure: Britain's PM May gives up crisps for Lent
LONDON (Reuters) - British Prime Minister Theresa May, who is not known for her self-indulgence, has revealed she will be giving up crisps in the run-up to Easter -- a period called Lent when many Christians fast or give up luxuries.
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Wells Fargo robo-adviser to target young, first-time investors
NEW YORK (Reuters) - Wells Fargo & Co's wealth management business said on Tuesday it would launch its new robo-adviser Intuitive Investor later this year in a bid to develop a new revenue stream...
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الاثنين، 27 فبراير 2017
Fidelity slashes fees on stock and ETF trades to $4.95
BOSTON (Reuters) - Fidelity Investments said on Tuesday it cut the price on trades for stocks and exchange-traded funds by 38 percent for retail brokerage clients.
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Morgan Stanley gave some clients incorrect tax information
(Reuters) - Morgan Stanley gave some wealth management clients incorrect information on taxes that caused some to underpay and others to overpay, according to a regulatory filing on Monday.
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Fidelity Investments to offer buyouts for older employees
BOSTON (Reuters) - Fidelity Investments plans to offer voluntary buyouts to employees who are 55 years or older, and who have worked for the Boston-based fund firm at least 10 years, a company...
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Icahn representative to several corporate boards has left hedge fund
(Reuters) - Samuel Merksamer has left Icahn's hedge fund firm, according to an internal memo. He represents billionaire investor Carl Icahn on several corporate boards.
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Americas arm of brokerage CLSA has shut down -spokeswoman
(Reuters) - The Americas unit of Hong Kong-based brokerage CLSA has shut down, a spokeswoman said on Monday, marking the closure of a small firm that counted prominent bank analyst Mike Mayo among...
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Flour power lifts spirits as Greek village stages mock battle
GALAXIDI, GREECE (Reuters) - Greek villagers staged a street battle on Monday with bags of colored flour in an annual tradition called the Flour War.
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Atlanta Fed raises U.S. first-quarter GDP growth view to 2.5 percent
NEW YORK (Reuters) - The U.S. economy is on track to grow at a 2.5 percent annualized pace in the first quarter following the latest data on home sales released last week, the Atlanta Federal...
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Hedge funds find plenty of willing sellers in oil: Kemp
LONDON (Reuters) - For every buyer of futures and options there must be a seller. For every long position there must be a corresponding short position.
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Pennsylvania judge to hear arguments on moving Cosby criminal trial
(Reuters) - Lawyers for comedian Bill Cosby return to court on Monday to argue that his sexual assault case has drawn too much publicity to allow for a fair criminal trial in Montgomery County, Pennsylvania.
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الأحد، 26 فبراير 2017
Actor Bill Paxton, known for roles in 'Big Love,' 'Titanic,' dies at 61
(Reuters) - American actor Bill Paxton, who rose to stardom with roles in Hollywood blockbusters such as "Aliens" and "Titanic," has died at age 61 after complications from surgery, his family said in a statement on Sunday.
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السبت، 25 فبراير 2017
Meryl Streep accuses Karl Lagerfeld of spoiling her Oscars
LOS ANGELES (Reuters) - Meryl Streep on Saturday accused designer Karl Lagerfeld of spoiling her night at the Academy Awards ceremony by falsely accusing her of being paid to wear a gown on the Oscars red carpet.
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Buffett scorns tricky Wall Street accounting, but defends buybacks
NEW YORK (Reuters) - Billionaire investor Warren Buffett on Saturday attacked what he saw as tricks used by U.S. companies to boost earnings and stock prices, but he defended one oft-criticized...
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Warren Buffett says investors should stick with index funds
NEW YORK (Reuters) - Berkshire Hathaway Inc Chairman Warren Buffett on Saturday offered his latest critique of fund managers, saying that "both large and small investors should stick with low-cost...
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الجمعة، 24 فبراير 2017
Staff at Italian hospital suspected of shirking on grand scale
ROME (Reuters) - Doctors and nurses are among 94 hospital workers from Naples who have been placed under investigation on suspicion of repeatedly skipping work, police said on Friday.
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Once struggling loans return on red-hot demand
NEW YORK (Reuters) - Web conferencing provider Premiere Global Services (PGi) is considering a return to the loan market to reprice its debt and even add a little more to pay a dividend after...
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Out-of-favour BRIC funds see inflows amid emerging equity boom
LONDON (Reuters) - Economic turnaround in Russia and Brazil may be tempting investors back to BRIC equity funds, with EPFR Global on Friday reporting such funds took in new cash for two weeks in a...
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Judge allows a second accuser testify at Cosby sex assault trial
NEW YORK (Reuters) - A judge ruled on Friday that a second woman who said the comedian Bill Cosby sexually assaulted her would be allowed to testify at his upcoming trial in Pennsylvania on charges he sexually assaulted a former employee of Temple University.
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US SEC to take steps to modernize disclosures
WASHINGTON (Reuters) - The top U.S. securities regulator unveiled plans on Friday to modernize outdated corporate disclosure rules and make it easier for investors to locate information that is often...
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Emma Thompson won't take part in short 'Love Actually' sequel
LONDON (Reuters) - Actress Emma Thompson has said she is not taking part in a short "Love Actually" sequel for Britain's Comic Relief charity appeal because it is "too soon" to reprise her role in the romantic comedy after the death last year of co-star Alan Rickman.
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Investment consultants in joint response to FCA review, quiet on details
LONDON (Reuters) - Investment consultants Mercer, Aon Hewitt and Willis Towers Watson said they had banded together to propose market changes that help them avoid a competition review by Britain's...
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الخميس، 23 فبراير 2017
Charmed by U.S. tax plans, investors buy stock, bond funds
NEW YORK (Reuters) - Investors are showing increasing comfort wading into the markets, lavishing cash on U.S.-based stock and corporate bond funds in the latest week, Lipper data showed on Thursday.
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AIG sees uncertainty in 'too-big-to-fail' label for insurers: filing
(Reuters) - Insurance giant American International Group sees "considerable uncertainty" about U.S. regulations that deem non-bank financial institutions as being too big to fail, given the recent...
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SEC will not appeal ruling preventing certain retroactive penalties
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission has decided not to appeal a court ruling that limited its ability to punish bad actors for misconduct that predated the 2010...
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