Money

German property developer Instone targets March IPO: sources

German property developer Instone targets March IPO: sources

Published 12/01/2018

FRANKFURT (Reuters) - German residential property developer Instone Real Estate is targeting a flotation on the Frankfurt stock exchange in March, adding to a growing [more…]

PNC Financial fourth quarter profit more than doubles

PNC Financial fourth quarter profit more than doubles

Published 12/01/2018

(Reuters) - PNC Financial Services Group Inc reported a better-than-expected quarterly profit on Friday, helped by higher interest income and consumer loan growth and the [more…]

PNC Financial profit more than doubles in fourth quarter

PNC Financial profit more than doubles in fourth quarter

Published 12/01/2018

(Reuters) - U.S. regional lender PNC Financial Services reported a better-than-expected quarterly profit on Friday, helped by higher interest income and consumer loan growth. The [more…]

U.S.-based equity funds attract $12 billion of new cash in latest week

U.S.-based equity funds attract $12 billion of new cash in latest week

Published 11/01/2018

NEW YORK (Reuters) - Investors’ appetite for risk was on display this week as U.S.-based equity mutual funds attracted $1.45 billion of net inflows, their [more…]

Grad school can be worth it if you pick wisely: study

Grad school can be worth it if you pick wisely: study

Published 11/01/2018

Graduating seniors line up to receive their diplomas during Commencement at Wellesley College in Wellesley, Massachusetts, U.S., May 26, 2017. REUTERS/Brian Snyder (The Jan. 10 [more…]

Bill Gross of Janus: ‘Bonds, like men, are in a bear market’

Bill Gross of Janus: ‘Bonds, like men, are in a bear market’

Published 11/01/2018

Billionaire bond veteran Bill Gross of Janus Henderson said on Thursday that the U.S. Treasury market has begun a bear market, though "not a dangerous one" for investors. [more…]

Shopping for nursing homes more tricky in Trump era

Shopping for nursing homes more tricky in Trump era

Published 11/01/2018

FILE PHOTO: Hands are held in Sun City, Arizona, January 2013. REUTERS/Lucy NicholsonCHICAGO (Reuters) - Finding a safe, high-quality nursing home for a loved one [more…]

U.S. judge denies effort to stop Mulvaney from heading consumer watchd

U.S. judge denies effort to stop Mulvaney from heading consumer watchd

Published 11/01/2018

FILE PHOTO: Office of Management and Budget (OMB) Director Mick Mulvaney speaks to the media at the U.S. Consumer Financial Protection Bureau (CFPB), where he [more…]

DoubleLine’s Gundlach predicts S&P will post negative return in 2018

DoubleLine’s Gundlach predicts S&P will post negative return in 2018

Published 10/01/2018

While U.S. stocks are now in an "accelerating phase," billionaire investor Jeffrey Gundlach is predicting that the S&P 500 will post a negative rate of return in 2018. [more…]

Massachusetts hedge fund manager pleads guilty to fraud

Massachusetts hedge fund manager pleads guilty to fraud

Published 09/01/2018

BOSTON (Reuters) - A Massachusetts hedge fund manager pleaded guilty on Tuesday after prosecutors accused him of misusing millions of dollars from investors to pay [more…]