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Box Office: `Cars 3` Races Past `Wonder Woman` to No. 1

Cast member Armie Hammer poses at the premiere of ‘Cars 3’ at the convention center in Anaheim, California U.S., June 10, 2017. REUTERS/Mario Anzuoni By Seth KelleyLOS ANGELES (Variety.com) – This weekend featured a heated race between four new films that open... More »

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Gundlach warns U.S. low-risk financial environment could change

Jeffrey Gundlach, CEO of DoubleLine Capital, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan McDermid The lengthy low-risk, low-volatility U.S. financial environment should not be viewed as a “new paradigm,” in... More »

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Continental drift: Investors embrace Europe, ex-UK

FILE PHOTO: A view of the London skyline shows the City of London financial district, seen from St Paul’s Cathedral in London, Britain February 25, 2017. REUTERS/Neil Hall/File Photo Global investors are distinguishing between the UK and the rest of Europe as ... More »

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Some investors bet Brazil has further room to fall

A demonstrator shows a picture of President Michel Temer near a burning barricade during a protest against Temer and the latest corruption scandal to hit the country, in Brasilia, Brazil, May 24, 2017. Picture taken May 24, 2017. The sign reads: ‘Out Temer!.’ ... More »

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Pace of Gulf tech deals heats up as Emaar buys Namshi stake

A logo of Emaar is seen near the Dubai Mall March 16, 2014. REUTERS/Ahmed Jadallah Emaar Malls will buy a 51 percent stake in e-commerce fashion website Namshi from Global Fashion Group, a firm backed by Rocket Internet, for $151 million, a sign of growing dem... More »

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Mutual funds lose, short-sellers win on Snap trades

Traders look up at a screen that displays trading information for Snap Inc. on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 11, 2017. REUTERS/Brendan McDermid The dramatic fall in Snap Inc (SNAP.N) shares on Thursday following the com... More »

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European stock funds in U.S. attract near-record cash: Lipper

FILE PHOTO: U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration/File Photo Investors stampeded into U.S.-based stock funds that invest in Europe, plowing the second-largest amount on record into those produ... More »

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Equities slip after weak U.S. GDP- euro strengthens

People walk through the lobby of the London Stock Exchange in London, Britain August 25, 2015. REUTERS/Suzanne Plunkett/File photo World stock markets dipped on Friday, as U.S. equities retreated after a soft reading on first-quarter economic growth, while the... More »

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New ETF invests in industry close to home: ETFs themselves

Commuters walk past the New York Stock Exchange, where a vote today to merge with all-electronic Archipelago Exchange is expected in New York, December 6, 2005. If approved by current seat owners of the NYSE and ArcaEx shareholders, the deal would expand the o... More »

Brinker Capital launches Destinations Funds

Investment management firm Brinker Capital announced Monday the launch of the Destinations Funds, a series of 10 multi-manager mutual funds advised by Brinker Capital that it said aims to cut investors’ overall costs and lower the account minimum on portfolios... More »

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Pimco regains title of managing biggest active bond fund

The offices of Pacific Investment Management Co (PIMCO) are shown in Newport Beach, California August 4, 2015. REUTERS/Mike Blake Pacific Investment Management Co regained its perch as the manager behind the world’s largest actively managed bond fund, data fro... More »

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Apple, Amazon, Google join bidding for Toshiba chip unit: media

The logo of Toshiba is seen as shareholders arrive at Toshiba’s extraordinary shareholders meeting in Chiba, Japan March 30, 2017. REUTERS/Toru Hanai TPX IMAGES OF THE DAY Apple Inc (AAPL.O), Amazon.com Inc (AMZN.O) and Google have joined bidding for Toshiba’s... More »

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SEC denies a second application to list bitcoin product

A Bitcoin (virtual currency) paper wallet with QR codes and a coin are seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, May 27, 2015. REUTERS/Benoit Tessier/File Photo The U.S. Securities and Exchange Commission on Tuesday denied... More »

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Ackman`s Pershing Square Holdings seeks London listing

FILE PHOTO – William Ackman, chief executive of Pershing Square walks on the floor of the New York Stock Exchange, New York, U.S. on November 10, 2015. REUTERS/Brendan McDermid/File Photo Billionaire investor William Ackman’s Pershing Square Holdings Ltd said ... More »

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Vodafone to add over 2,000 British jobs to improve services

Branding for Vodafone is seen on the exterior of a shop in London, Britain, September 10, 2015. REUTERS/Toby Melville Mobile operator Vodafone will create 2,100 new customer service jobs across Britain in the next two years as part of an investment drive to im... More »

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Pimco revamps BOND ETF, changing fund`s name and managers

A Pacific Investment Management Co (PIMCO) sign is shown in Newport Beach, California August 4, 2015. REUTERS/Mike Blake Pacific Investment Management Co (Pimco) is replacing the full slate of managers on its Total Return Active Exchange-Traded Fund (BOND.P) a... More »

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Box Office: `Logan` roars with massive $85.3 million debut

Actor Hugh Jackman poses cloth puppets, a traditional type of opera during a news conference during Asian premiere of the X-Men series film ‘Logan’ in Taipei, Taiwan February 28, 2017. REUTERS/Tyrone Siu By Brent LangLOS ANGELES (Variety.com) – “Logan” tore in... More »

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Brokerages` race to zero fees points to a bigger war to come

A sign marks a Fidelity Investments office in Boston, Massachusetts, U.S. September 21, 2016. REUTERS/Brian Snyder/File Photo Fidelity Investments Inc and Charles Schwab Corp made moves in quick succession on Tuesday to slash trade commissions, accelerating th... More »

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BlackRock`s largest mutual fund sours on Google

The BlackRock logo is seen outside of its offices in New York January 18, 2012. B REUTERS/Shannon Stapleton/File Photo Managers of BlackRock Inc’s (BLK.N) largest mutual fund, fearing Trump administration policies could hurt technology companies with hefty for... More »

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Resurgent U.S. stock fund inflows show return of `Trump trade`

U.S. President-elect Donald Trump is broadcast on a screen on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S. December 27, 2016. REUTERS/Andrew Kelly Investors boosted their bets on U.S.-based equity funds in the latest week a... More »

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Soros gets out of gold, Paulson & Co cuts SPDR Gold shares

FILE PHOTO – President and Portfolio Manager of Paulson & Co. John Paulson speaks during the Sohn Investment Conference in New York, May 16, 2012. REUTERS/Eduardo Munoz Soros Fund Management LLC got out of gold in the fourth quarter of 2016 while Paulson & Co ... More »

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`Rogue One` crosses $400 million, `Sing` scores over new year`s

People ride an escalator under a Star Wars Rogue One poster at AMC Empire 25 on Christmas Day in Manhattan, New York City, U.S., December 25, 2016. REUTERS/Andrew Kelly By Brent LangLOS ANGELES (Variety.com) – “Rogue One: A Star Wars Story” and “Sing” loomed l... More »

Investors bet Trump stimulus will boost U.S. stocks

Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network’s Neil Cavuto show in New York February 11, 2014. REUTERS/Brendan McDermid U.S. voters’ decision to install Donald Trump in the White House may extend the life of the aging, se... More »

Rising rates test resolve of investors who piled into bonds

Dawn Fitzpatrick, global head of equities, multi-asset and the O’Connor hedge fund businesses at UBS Asset Management, speaks during the Reuters Global Investment Outlook Summit in New York City, U.S., November 17, 2016. REUTERS/Brendan McDermid Investors who ... More »

Box Office: `Fantastic Beasts` Debuts to Magical $75 Million

Eddie Redmayne (L) poses with writer J.K. Rowling as they arrive for the European premiere of the film ‘Fantastic Beasts and Where to Find Them’ at Cineworld Imax, Leicester Square in London, Britain November 15, 2016. REUTERS/Neil Hall By Brent LangLOS ANGELE... More »

Janus portfolio manager sees more biotech gains on Trump

A man uses an umbrella to guard against snowfall as he walks past the Nasdaq MarketSite in Times Square, Midtown New York March 20, 2015. REUTERS/Adrees Latif Biotech stocks still have room to rise after the election of Donald Trump as U.S. president, which re... More »

`Trump Thump` whacks bond market for $1 trillion loss

Morning commuters pass by the New York Stock Exchange (NYSE) in New York City, U.S., November 10, 2016. REUTERS/Brendan McDermid Donald Trump’s stunning victory for the White House may mark the long-awaited end to the more than 30-year-old bull run in bonds, a... More »

Traders wake up to hedging as election jitters jolt stocks

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 24, 2016. REUTERS/Brendan McDermid With a week to go to the U.S. presidential election and some polls showing a tightening race, political risk is suddenly back on ... More »