NEW YORK (Reuters) – Berkshire Hathaway Inc’s $6.2 billion foray into Japan’s five largest trading houses may signal billionaire Warren Buffett’s expectation that inflation and a falling U.S. dollar may make international equities more attractive when economie... More »
BOSTON (Reuters) – Leaf Group said in a regulatory filing on Wednesday that one of its board members resigned and another was removed from the audit committee because he is ineligible to serve on it. The move comes just days after an investor group, which owns... More »
NEW YORK (Reuters) – U.S. equity funds that were able to best weather the global economic upheaval from the coronavirus pandemic this year are turning to healthcare, e-commerce and electric vehicle stocks as they look ahead to 2021. Few expect a quick economic... More »
NEW YORK/SINGAPORE (Reuters) – Negative interest rates in the United States were once unimaginable. The coronavirus has changed that. While the Federal Reserve has all but ruled it out, the sweeping economic and financial-markets impact of the pandemic has for... More »
BOSTON (Reuters) – New York state’s top pension fund official said it was reviewing whether to divest from 27 coal companies and could make decisions on $98 million in holdings within two months. The reviews by the third-largest U.S. state pension system, with... More »
WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission on Wednesday proposed changes to its decades-old definition of a professional investor in order to allow more Americans to buy shares in private companies. The agency hopes the changes will boo... More »
NEW YORK (Reuters) – Investors are starting to prepare for a long U.S. impeachment process that could drag into 2020. The decision by the House of Representatives to begin impeachment inquiries that could end in a vote to remove President Donald Trump from off... More »
LONDON (Reuters) – An investor group managing some $5 trillion said it was pleased with the steps taken by fast-food companies to cut the use of antibiotics in their products and will continue to monitor firms as its three-year-long engagement comes to an end.... More »
(Reuters) – A group of investors has called on Lyft Inc’s board to scrap a proposed dual-class share structure, as the ride hailing company pitches its initial public offering to investors next week, the Financial Times reported on Saturday. San Francisco-base... More »
BOSTON (Reuters) – Top U.S. pension funds are asking electric utilities to accelerate efforts to cut carbon emissions but will not force the issue with proxy resolutions this spring, hoping market shifts and falling prices for renewable energy have already mad... More »
NEW YORK (Reuters) – Amazon.com Inc (AMZN.O) shares seesawed on Thursday as investors questioned how the impending divorce of company founder Jeff Bezos would affect his control of the most valuable company on Wall Street and its ambitious expansion plans. Bez... More »
BOSTON (Reuters) – Several socially conscious investment firms are selling or rethinking their Facebook Inc holdings, unsatisfied by the company’s moves to strengthen personal data protection and online safety after scandals involving the improper sharing of u... More »
BOSTON (Reuters) – Wells Fargo & Co on Thursday said a cap on the bank’s growth imposed by regulators after sales practices scandals would hurt earnings less than it thought this year, and forecast 2019 expenses below Wall Street expectations. Analysts were up... More »
FILE PHOTO – The Uber logo is seen on a screen in Singapore August 4, 2017. REUTERS/Thomas White/File Picture NEW YORK (IFR) – Uber is bringing its disruptive force to the leveraged loan market, approaching institutional investors directly on a new debt sale. ... 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 BOSTON (Reuters) – A group representing large investors voiced concern that the ... More »
(Reuters) – Uber rival Lyft Inc is raising an additional $500 million in funding, according to a U.S. share authorization document filed in Delaware news website Axios said. (bit.ly/2BhebbU) The additional funding round, led by Alphabet Inc’s CapitalG, is an e... More »
Proxy advisers Institutional Shareholder Services and Glass Lewis & Co each recently backed Vanguard Group Inc's management on fund trustee nominees and administrative items set for a rare shareholder vote next week, according to recommendations seen by Reuter... More »
University of Chicago professor Richard Thaler may have won the Nobel Economics Prize on Monday for his work on behavioral economics, but the behavior of investors has him stumped. More »
The Chinese owner of former European soccer champions AC Milan is looking for one or more investors to share the financial burden, less than six months after buying the loss-making Italian club, two sources said on Friday. More »
Daimler's (DAIGn.DE) Chief Executive Dieter Zetsche on Monday said Mercedes-Benz will offer electric versions of all its models by 2022, converting its Smart city car brand to become fully electric. More »
Some big money investors are warning that the rush to cheap stock bets and private asset strategies at the expense of hedge funds may prove costly. More »
Goldman Sachs Group Inc will detail plans to turn around performance at its core bond-trading unit next month after unusual pressure from large investors frustrated by vague explanations of its troubles, people familiar with the matter told Reuters. More »
FILE PHOTO – The entry to the Home Capital Group’s headquarters is seen at an office tower in the financial district of Toronto, Ontario, Canada on May 1, 2017. Picture taken using a wide angle lens. REUTERS/Chris Helgren/File Photo Warren Buffett’s Berkshire ... More »
FILE PHOTO: The Apple logo is seen on a computer screen in an illustration photo taken in Bordeaux, France, February 1, 2017. REUTERS/Regis Duvignau/File Photo Large investors, whose high exposure to large-cap technology stocks boosted their returns during the... More »
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 »
Executive pay that is disproportionate to a company’s past performance may also signal that poor returns are coming, according to a study released on Monday by shareholder activist group As You Sow. More »
European investors are piling into exchange-traded funds, favoring those that mimic active fund managers, in a market where traditional trading relationships between assets are breaking down. More »
Ride-hailing app Careem has closed the first part of a $500 million funding round backed by investors including Japan’s Rakuten Inc and Saudi Telecom Co (STC), the Dubai-based company said in a statement on Monday. More »
A group of 40 investors managing $1.25 trillion in assets have launched a campaign to encourage 16 global food companies to change the way they source protein for their products to help to reduce environmental and health risks. More »
One day after a short seller claimed that St. Jude Medical Inc’s (STJ.N) heart implants are vulnerable to deadly cyber attacks, investors appear most concerned about whether the accusation will derail St. Jude’s $24 billion planned deal for Abbott Labs (ABT.N)... More »
NEW YORK Britain’s unexpected decision to leave the European Union spurred a global stock market selloff that has inspired some opportunistic U.S. investors to move in the opposite direction. Operating on the belief that the initial rout might be an overreacti... More »
A California couple raised $27 million from at least 50 Chinese investors seeking U.S. immigration visas but misused two-thirds of the money, instead of building a cancer treatment center they had proposed, the U.S. Securities and Exchange Commission said on T... More »
LONDON Royal Dutch Shell’s takeover of BG Group may look less attractive after the slide in oil prices but the fact the same investors own nearly half of both firms means the deal is still likely to go through. Investors holding about 43 percent of Shell’s sha... More »
BOSTON/NEW YORK An official for the second-largest U.S. public pension system on Thursday urged Viacom Inc (VIAB.O) to do away with its dual-class share structure, the latest call from an investor for change at the media empire controlled by the aging mogul Su... More »
NEW YORK The global market volatility that upended investors over the last six weeks may last deep into autumn now that the Federal Reserve has decided to keep interest rates unchanged, several equity and fixed income portfolio managers said on Thursday. The F... More »
