BOSTON (Reuters) – Hedge fund Pagoda Asset Management is shutting down at the end of the month, becoming the latest casualty in the $3.2 trillion industry after a period of sluggish returns, a source with knowledge of the move said on Thursday. New York-based ... More »
BOSTON (Reuters) – Two days after billionaire investor William Ackman told clients that he was making money across all his funds again, he said on Thursday that his publicly traded Pershing Square Holdings Ltd portfolio was barely in the black so far this year... More »
NEW YORK/LONDON/SINGAPORE (Reuters) – Oil futures prices have soared past three-year highs, OPEC’s deal has cut millions of barrels of inventory worldwide and investors are betting in record numbers that prices could rocket past $80 and even hit $90 a barrel t... More »
NEW YORK (Reuters) – BlackRock Inc can keep fees from the state of Ohio despite a donation one of its top executives made to Governor John Kasich’s U.S. presidential campaign, according to a preliminary ruling late on Friday by a securities regulator. Mark Wie... More »
LAS VEGAS (Reuters) – A hedge fund industry gathering in Las Vegas this week was far less decadent than those of the past, as big money investors focused less on gambling and champagne-soaked “Sin City” celebrations and more on the grind of vetting fund manage... More »
SINGAPORE (Reuters) – U.S. oil prices rose above $70 a barrel on Monday for the first time since November 2014 and Brent crude climbed to fresh highs, buoyed as a deepening economic crisis in Venezuela threatened the country’s already tumbling oil supply. The ... More »
OMAHA, Neb. (Reuters) – Warren Buffett on Saturday said he hoped a chief executive would be found within a couple of months for the healthcare company being set up by Berkshire Hathaway Inc, Amazon.com Inc and JPMorgan Chase & Co. to lower patient costs. Speak... More »
OMAHA, Neb. (Reuters) – Billionaire Warren Buffett on Saturday defended his earlier remark that it would be “ridiculous” for the conglomerate not to do business with gun manufacturers, noting that he does not want to impose his political views on Berkshire’s i... More »
OMAHA, Neb. (Reuters) – Warren Buffett said he would be happy if his conglomerate Berkshire Hathaway Inc owned more than 5 percent of Apple Inc’s stock, including if the iPhone maker bought back more of its shares. Buffett made his assessment before tens of th... More »
(Reuters) – Apple Inc’s stock hit an all-time high on Friday after Warren Buffett’s Berkshire Hathaway Inc disclosed it bought an additional 75 million shares of the iPhone maker in the first three months of the year. Buffett’s increased stake, which was confi... More »
(Reuters) – Berkshire Hathaway Inc bought 75 million additional Apple Inc shares in the first three months of the year, CEO Warren Buffett told CNBC on Thursday, aggressively ramping up its bets on the iPhone maker. Buffett’s Apple commitment over the past two... More »
NEW YORK (Reuters) – Two partners at the hedge fund Deerfield Management and two others were found guilty on Thursday of charges stemming from what prosecutors have described as an insider trading scheme based on leaks from within a federal healthcare agency. ... More »
NEW YORK (Reuters) – Investors did some opportunistic buying because of higher yields in the debt market as U.S.-based government-Treasury funds attracted $530 million of net new cash in the week ended Wednesday, marking the group’s sixth straight week of infl... More »
NEW YORK (Reuters) – A small hedge fund manager who has long been betting against Tesla Inc (TSLA.O) on Thursday redoubled his call for the stock to fall to zero, comments that came as investors were already hammering the electric car maker. Speaking at the Ka... More »
BOSTON (Reuters) – A Massachusetts hedge fund manager was sentenced on Thursday to six years in prison for defrauding investors in a scheme that prosecutors said cost his clients over $10.5 million and allowed him to fund a lavish lifestyle. Yasuna Murakami, w... More »
BEVERLY HILLS, Calif. (Reuters) – The titans of finance who flock to the annual Milken Institute Global Conference each spring say they believe their quest for profits can also make the world a better place. At the Beverly Hills, California, event featuring la... More »
LOS ANGELES (Reuters) – The global social media movement known through the Twitter hashtag #MeToo has highlighted sexual misconduct in business, entertainment and politics, and will be on the agenda at this year’s Milken Institute Global Conference, which star... More »
SEOUL (Reuters) – Hyundai Motor (005380.KS) said it will cancel $890 million worth of treasury shares, its first stock cancellation in 14 years – a plan that comes amid heavy shareholder pressure to improve returns, restructure and bounce back from dismal earn... More »
NEW YORK (Reuters) – Investors were undeterred by fears of rising interest rates, with U.S.-based equity funds attracting $3.5 billion of net cash in the week ended April 25, the third consecutive week of inflows, Lipper data showed on Thursday. The inflows we... More »
NEW YORK (Reuters) – U.S.-based bond funds attracted new cash in the week ended April 18, marking their ninth consecutive week of inflows, Investment Company Institute data showed on Wednesday, but rising interest rates could derail the momentum. Investors pou... More »
NEW YORK (Reuters) – Corporate pensions are shifting a chunk of their $1.55 trillion in assets into fixed income, which may be sizeable enough to flatten the yield curve further. The funding gap, between what corporations owe in pension plan obligations and th... More »
NEW YORK (Reuters) – One of the year’s most popular events for fund managers, the Sohn Investment Conference, will be held in New York on Monday, but if history is any guide, some of the industry’s lower-profile managers will probably provide the most profitab... More »
LONDON (Reuters) – The European Union has indicated that it is willing to provide some form of access for Britain’s vast financial services industry after Brexit, the City minister John Glen said on Monday. Glen said the transition deal agreed by Britain and t... More »
(Reuters) – Hedge fund Elliott Advisors has become the second activist investor to call for Whitbread (WTB.L) to split its hotel and coffee shop businesses after emerging as the largest shareholder in the British company. Elliott, which disclosed a 6 percent s... More »
LONDON (Reuters) – Gatemore Capital Management has built a stake in Wincanton and called on the British logistics company to break itself up by selling one of its two divisions, according to a letter sent by Gatemore to its own investors. The asset management ... More »
MILAN (Reuters) – Vivendi has been an “awful” investor in Telecom Italia (TIM), Italy’s outgoing Industry Minister Carlo Calenda told daily la Repubblica on Monday, as the French media company fights to keep its grip on Italy’s biggest phone group. “I am in fa... More »
NEW YORK (Reuters) – Guggenheim Partners on Sunday said it was “cooperating fully” with an investigation of its asset management subsidiary that is being conducted by the U.S. Securities and Exchange Commission. “We are cooperating fully with the SEC’s investi... More »
BOSTON (Reuters) – Activist investor Barington Capital Group LP has launched a fight for two board seats at machine industry company Xerium Technologies Inc., according to a regulatory filing made on Thursday. The New York-based hedge fund, which owns 5.05 per... More »
LONDON (Reuters) – Micro Focus shares surged on Thursday, with traders citing a Bloomberg report that hedge fund Elliott Management has taken a stake in the UK software firm. The shares jumped as much as 12 percent to their highest in a month before swinging b... More »
(Reuters) – Paulson & Co, the hedge fund firm led by billionaire investor John Paulson, has taken a stake in Viacom Inc as the U.S. media company has started to turn around its business, Paulson told Reuters in an interview. Over the past few months, Paulson h... More »
BOSTON (Reuters) – Folger Hill Asset Management, a hedge fund run by former SAC Capital Advisors LP executive Sol Kumin, will merge with Schonfeld Strategic Advisors after a period of sluggish returns. “It became clear that the best path forward for the Folger... More »
NEW YORK (Reuters) – Loomis Sayles vice chairman Dan Fuss says the 10-year Treasury yield could go “north of 4 percent” within two years, but geopolitical risks and economic deterioration could keep yields lower. Fuss, known as Wall Street’s Warren Buffett of ... More »
(Reuters) – Payments technology company Verifone Systems Inc on Monday agreed to be taken private by an investor group led by Francisco Partners for $2.58 billion in cash. Shares of the company, which makes point-of-sale payment devices, surged 52 percent in e... More »
(Reuters) – A fund industry trade group representative on Monday disputed the idea that bond exchange-traded funds (ETFs) might fail to hold up under stress, telling U.S. securities regulators he knows of no convincing evidence to suggest such funds’ liquidity... More »
NEW YORK (Reuters) – Financial firms representing more than $1 trillion in assets under management have endorsed a U.S. regulator’s plan to test limiting the rebates and other incentives that stock exchanges can pay to brokers, a practice critics say creates c... More »
(This version of March 28 story corrects paragraph 7 to show Permanent Portfolio funds have $2.7 billion in assets under management, not $17 billion.) By David Randall NEW YORK (Reuters) – Fund managers have begun to ditch so-called FANG stocks that powered th... More »
BOSTON (Reuters) – Several hedge funds who trace their ancestry to billionaire investor Julian Robertson’s Tiger Management are boasting positive returns for the year even as tumbling markets have left many rivals with losses. In the first three months of 2018... More »
LONDON, AMSTERDAM (Reuters) – Activist investor CIAM has criticized plans by Dutch food and retail group Ahold Delhaize (AD.AS) to renew a governance structure that it said acts as a “poison pill” to potential suitors and has served to keep its share price dep... More »
TOKYO (Reuters) – Activist investors in Japan may be struggling to get companies to embrace their proposals but are optimistic that management is warming to shareholder activism that will likely shape more of Corporate Japan’s decision making. Activist investm... More »
NEW YORK (Reuters) – U.S. fund investors pulled $9.8 billion from stocks during the latest week, Lipper data showed on Thursday, halting the investments’ budding momentum after February’s selloff. The withdrawals, recorded during the seven days through March 7... More »
NEW YORK (Reuters) – Citadel, one of the world’s largest hedge fund managers, has cut staff by more than 30 percent in one of its stock-picking units in what several people with direct knowledge of the layoffs described as a surprise move. From late February t... More »
NEW YORK (Reuters) – U.S.-based junk bond funds posted $703 million of outflows for the week ended Wednesday, their seventh straight week of cash withdrawals, Lipper data showed on Thursday. But higher up in the credit-quality spectrum, U.S.-based investment-g... More »
The U.S. Treasury said on Thursday it will close an unintended loophole created by the Republican tax overhaul that let some Wall Street financial managers dodge new limits on "carried interest" by operating as businesses known as S-corporations. More »
William ‘Bill’ Ackman, CEO and Portfolio Manager of Pershing Square Capital Management, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan McDermid (This Feb. 28 story corrects headline to say buyback not cash inf... More »
FILE PHOTO — David Einhorn, president of Greenlight Capital speaks at the Sohn Investment Conference in New York City, U.S. May 4, 2016. REUTERS/Brendan McDermid/File Photo BOSTON (Reuters) – Billionaire hedge fund investor David Einhorn told clients on Wednes... More »
The logo of T. Rowe Price Group is pictured at its office in Tokyo, Japan, January 13, 2017. REUTERS/Toru Hanai NEW YORK (Reuters) – Winning stockpicker T. Rowe Price Group Inc (TROW.O) has a message for investors: do not give up on bonds. “We’ve been lowering... More »
Warren Buffett on Saturday lamented his inability to find big companies to buy and said his goal is to make "one or more huge acquisitions" of non-insurance businesses to bolster results at his conglomerate Berkshire Hathaway Inc. More »
FILE PHOTO: Berkshire Hathaway CEO Warren Buffett waits to play table tennis during the Berkshire Hathaway annual meeting weekend in Omaha, Nebraska, U.S. May 7, 2017. REUTERS/Rick Wilking/File Photo (Reuters) – A giant hurricane, earthquake or other conflagra... More »
FILE PHOTO: Berkshire Hathaway shareholders walk by a video screen at the company’s annual meeting in Omaha, Nebraska, U.S., May 4, 2013. REUTERS/Rick Wilking/File Photo NEW YORK (Reuters) – Billionaire Warren Buffett prodded ordinary investors on Saturday to ... More »
FILE PHOTO: Berkshire Hathaway CEO Warren Buffett talks to reporters prior to the Berkshire annual meeting in Omaha, Nebraska, U.S., May 2, 2015. REUTERS/Rick Wilking/File Photo (Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Saturday reported a record ... More »
FILE PHOTO: Berkshire Hathaway CEO Warren Buffett visits the BNSF booth before the Berkshire Hathaway annual meeting in Omaha, Nebraska, U.S., May 6, 2017. REUTERS/Rick Wilking/File Photo NEW YORK (Reuters) – Below is a selection of comments from Warren Buffet... More »
NEW YORK (Reuters) – A company behind U.S.-based funds tied to Wall Street’s “fear gauge” is making changes to its investment strategy after a sudden market plunge this month routed traders betting on the complex instrument. Investors’ once-profitable wagers o... More »
FILE PHOTO: An exhibit booth for firearms manufacturer Smith & Wesson is seen on display at the International Association of Chiefs of Police conference in Chicago, Illinois, October 26, 2015. REUTERS/Jim Young/File Photo BOSTON/NEW YORK (Reuters) – The world’... More »
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., February 16, 2018. REUTERS/Lucas Jackson NEW YORK (Reuters) – U.S. stock markets are unlikely to return to the unusually calm conditions seen last year, ... More »
FILE PHOTO: Berkshire Hathaway CEO Warren Buffett visits the BNSF booth before the Berkshire Hathaway annual meeting in Omaha, Nebraska, U.S., May 6, 2017. REUTERS/Rick Wilking/File Photo NEW YORK (Reuters) – Warren Buffett had a Valentine’s Day surprise for i... More »
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, November 20, 2012. REUTERS/Arnd Wiegmann/File Photo TORONTO/MELBOURNE (Reuters) – As shareholders push the world’s cash-rich miners to ... More »
FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 8, 2018. REUTERS/Brendan McDermid NEW YORK (Reuters) – You ain’t seen nothing yet. Some veteran investors who were vindicated in calling for a pullback in s... More »
LONDON (Reuters) – Performance from computer-driven hedge funds run by industry stalwarts Cantab Capital Partners and Systematica Investments took a hit after market volatility in February, showed data compiled by HSBC. The Cantab Capital Partners Quantitative... More »
LONDON (Reuters) – Shipping stocks may still be in the doldrums in the view of many investors, but hedge funds have bet at least $675 million on signs of renewed buoyancy in the industry. Hedge funds made initial forays into shipping stocks in the third quarte... More »
U.S. fund investors fled the riskier corners of the debt market, pulling the second-highest amount of cash on record from high-yield "junk" bonds during the latest week, Lipper data showed on Thursday. More »
NEW YORK (Reuters) – Financial advisors and smaller retail investors, wary that inflation may be brewing again, ratcheted up their bets on funds in Morningstar’s Commodities Broad Basket fund category in January, the largest net inflow of cash since March 2011... More »
NEW YORK (Reuters) – In late 2017, several well-known hedge funds made bets on companies selling goods considered non-essential by consumers and on companies processing raw materials, according to filings with the U.S. Securities and Exchange commission publis... More »
Long-dated bonds "represent a significant risk" as investors focus on signs inflation is rising, a top portfolio manager with BlackRock Inc said on Wednesday. More »
Chocfinger made his name and his money by taking bold bets on cocoa markets. But after nearly four decades of trading, sometimes winning, sometimes losing, Anthony Ward threw in the towel. More »
A specialist trader works at his post on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., February 9, 2018. REUTERS/Brendan McDermid NEW YORK (Reuters) – Bond vigilantes could be finding allies in the stock market. With inflation fears back ... More »
NEW YORK (Reuters) – An investor on Friday filed a lawsuit against managers of a U.S. mutual fund that relied heavily on a strategy that profits from calm markets but lost four-fifths of its value in turmoil this week. In a complaint seeking class-action statu... More »
A sign marks a Fidelity Investments office in Boston, Massachusetts, U.S. September 21, 2016. REUTERS/Brian Snyder/File Photo BOSTON/NEW YORK (Reuters) – Fidelity Investments on Friday told clients they could not buy shares in an exchange-traded fund that bets... More »
NEW YORK (Reuters) – A U.S. mutual fund that relied heavily on a strategy that profits from calm markets has shut its doors to new investment after losing more than four-fifths of its value in recent market turmoil, filings showed on Thursday. The once-$800 mi... More »
Traders work on the floor of the New York Stock Exchange ahead of the opening bell in New York, U.S., February 7, 2018. REUTERS/Brendan Mcdermid NEW YORK (Reuters) – As the U.S. stock market suffered its worst selloff in more than six years on Monday, Richmond... More »
FILE PHOTO: The BlackRock logo is seen at the BlackRock Japan headquarters in Tokyo, Japan, October 20, 2016. REUTERS/Toru Hanai/File Photo NEW YORK (Reuters) – As new rules spur Wall Street banks to further shrink their research budgets, U.S. asset management... More »
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., February 2, 2018. REUTERS/Lucas Jackson NEW YORK (Reuters) – For nearly nine years, the global hunt for yield sent you to one place: the U.S. stock marke... More »
FILE PHOTO: Workers hired by U.S. oil and gas company Apache Corp drill a horizontal well in the Wolfcamp Shale in west Texas Permian Basin near the town of Mertzon, Texas, U.S., October 29, 2013. REUTERS/Terry Wade/File Photo NEW YORK (Reuters) – Surging shal... More »
NEW YORK (Reuters) – Och-Ziff Capital Management Group LLC rode bets on Asian stocks and U.S. corporate mergers to strong returns in 2017 – its best showing in years – but remained challenged by succession planning, declining assets and a stagnant stock price.... More »
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 26, 2018. REUTERS/Brendan McDermid NEW YORK (Reuters) – A rising U.S. stock market normally reduces fear among investors, but the blistering pace of the current rally ha... More »
A woman shops at a Macy’s department store in Roosevelt Field shopping mall in Garden City, New York, U.S., November 24, 2017. REUTERS/Shannon Stapleton NEW YORK (Reuters) – U.S. fund managers are betting that rising wages and the effects of the Republican-led... More »
FILE PHOTO – William Ackman U.S. on November 10, 2015. REUTERS/Brendan McDermid/File Photo NEW YORK (Reuters) – Billionaire investor William Ackman said on Thursday that his hedge fund Pershing Square Capital Management made a new bet on sportswear company Nik... More »
NEW YORK/LONDON (Reuters) – Jamison Capital Partners LP, a New York-based macro commodity hedge fund run by former Morgan Stanley trader Stephen Jamison, will shut its nearly $1.5 billion fund by the end of the month, according to a source familiar and an inve... More »
NEW YORK (Reuters) – GLMX has raised $20 million in financing and updated its high-tech platform for trading repurchase agreements and secured lending to help clients comply with new regulatory reporting requirements, the company said on Thursday. The rise of ... More »
FILE PHOTO: Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network’s Neil Cavuto show in New York, U.S. on February 11, 2014. REUTERS/Brendan McDermid/File Photo (Reuters) – Investor Carl Icahn and Darwin Deason, the biggest- and t... More »
FILE PHOTO: The logo of Barclays bank is seen on glass lamps outside of a branch of the bank in the City of London financial district in London September 4, 2017. REUTERS/Toby Melville /File Photo (Reuters) – U.S. hedge fund Tiger Global Management has investe... More »
Traders work on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., January 8, 2018. REUTERS/Brendan McDermid BOSTON (Reuters) – Hedge funds managers who bet on stocks scored some of the industry’s biggest gains in 2017, when equity markets gal... More »
Tom Hill (L), Chairman of Blackstone Alternative Asset Management, and John McCormick, President and CEO of Blackstone Alternative Asset Management, pose for a portrait in New York, U.S., January 18, 2018. REUTERS/Lucas Jackson BOSTON (Reuters) – After nearly ... More »
FILE PHOTO: Omeed Malik, managing director and global head of capital strategy at Bank of America Merrill Lynch, speaks during the SALT conference in Las Vegas, Nevada, U.S. May 18, 2017. REUTERS/Richard Brian/File Photo NEW YORK (Reuters) – Omeed Malik, a for... More »
FILE PHOTO: T. Boone Pickens, CEO of BP Capital, speaks on a panel at the annual SkyBridge Alternatives Conference (SALT) in Las Vegas May 7, 2015. REUTERS/Rick Wilking (Paragraph 6 of this JAN. 12 story has been corrected after HSBC said the Andurand Commodit... More »
FILE PHOTO: A U.S. Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration/File Photo NEW YORK (Reuters) – U.S. investors poured $4.7 billion into so-called socially responsible mutual funds and exchange-traded funds in ... More »
FILE PHOTO: The seal of the U.S. Securities and Exchange Commission hangs on the wall at SEC headquarters in Washington, DC, U.S., June 24, 2011. REUTERS/Jonathan Ernst/File Photo (Reuters) – The U.S. Supreme Court on Friday agreed to hear a challenge to a key... More »
FILE PHOTO: Barry Rosenstein, managing partner of Jana Partners, speaks at a panel discussion at the SALT conference in Las Vegas May 14, 2014. SALT is produced by SkyBridge Capital, a global investment firm. REUTERS/Rick Wilking/File Photo BOSTON (Reuters) – ... More »
FILE PHOTO: Larry Fink, Chief Executive Officer of BlackRock, takes part in the Yahoo Finance All Markets Summit in New York, U.S., February 8, 2017. REUTERS/Lucas Jackson/File Photo NEW YORK (Reuters) – BlackRock CEO Larry Fink, on CNBC television, said U.S. ... More »
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 third straight week of inflows, and U.S.-based equity exchange-traded funds attracted $10.6 billion, acco... More »
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 »
FILE PHOTO – Nelson Peltz founding partner of Trian Fund Management LP. speak at the WSJD Live conference in Laguna Beach, California October 25, 2016. REUTERS/Mike Blake/File Photo NEW YORK (Reuters) – Billionaire investor Nelson Peltz has a message for Ameri... More »
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 »
BOSTON (Reuters) – A Massachusetts hedge fund manager pleaded guilty on Tuesday after prosecutors accused him of misusing millions of dollars from investors to pay for lavish personal expenses like a sports car and to engage in a Ponzi-like scheme. Yasuna Mura... More »
BOSTON (Reuters) – A handful of hedge funds ended 2017 with double digit returns, their investors said, at a time the $3 trillion industry took in fresh money and posted its best returns in years, industry data show. Activist hedge fund Marcato Capital Managem... More »
NEW YORK (Reuters) – U.S.-based equity funds posted $22.2 billion of outflows in the week ended Dec. 20, the largest cash withdrawals for 2017, according to Lipper data on Thursday. U.S.-based equity mutual funds posted $12.2 billion of outflows in the week en... More »
LONDON (Reuters) – Hedge funds and other managers of catastrophe bond funds racked up some of the worst losses in more than a decade from this year’s hurricanes and wildfires. But a year that is shaping up to be the costliest on record for insurance losses fro... More »
FILE PHOTO: U.S. President Donald Trump delivers a speech on tax reform legislation at the White House in Washington, U.S., December 13, 2017. REUTERS/Carlos Barria (Reuters) – Republicans in the Senate and House of Representatives are expected to vote within ... More »
BOSTON (Reuters) – John Griffin is shutting his $6 billion Blue Ridge Capital hedge fund after more than two decades, becoming the latest high profile investor to liquidate his business as industry returns have been under pressure. “After 30 years in the hedge... More »
FILE PHOTO: Bitcoin (virtual currency) coins placed on Dollar banknotes, next to computer keyboard, are seen in this illustration picture, November 6, 2017. REUTERS/Dado Ruvic/Illustration/File Photo LONDON (Reuters) – Bitcoin blasted to another all-time high ... More »
BOSTON (Reuters) – Deckers Outdoor Corp beat back a challenge from activist hedge fund Marcato Capital Management, but shares of the maker of UGG boots fell more than 4 percent on news that all its directors had been re-elected. Shareholders voted to return al... More »
