Damage control at Pimco after Gross, El-Erian clash
NEW YORK (Reuters) - In mid-February, a group of current and former Pimco employees were invited to a private farewell party for Mohamed El-Erian on March 10, to mark his...
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Damage control at Pimco after Gross, El-Erian clash
NEW YORK (Reuters) - In mid-February, a group of current and former Pimco employees were invited to a private farewell party for Mohamed El-Erian on March 10, to mark his...
Buffett letter could show Berkshire winning streak over
NEW YORK (Reuters) - A five-year bull market may have finally outdueled one of the U.S. stock market's biggest bulls, and Warren Buffett will probably tell investors on Saturday that...
Buffett letter could show Berkshire winning streak over
NEW YORK (Reuters) - A five-year bull market may have finally outdueled one of the U.S. stock market's biggest bulls, and Warren Buffett will probably tell investors on Saturday that...
Business Wire to stop selling directly to high-frequency traders
NEW YORK (Reuters) - Business Wire will no longer let high-frequency trading companies buy potentially market-moving press releases directly from the Berkshire Hathaway unit. In consultation with billionaire investor Warren...
AIG raises dividend as it swings to profit, plans job cuts
(Reuters) - Insurer American International Group on Thursday raised its dividend and announced more share buybacks as its fourth-quarter earnings beat expectations, swinging to a profit compared with a year-earlier...
U.S. taxable bond funds see record net $10.7 billion inflows: Lipper
NEW YORK (Reuters) - Investors in funds based in the United States poured a record net $10.7 billion into taxable bond funds in the week ended February 5, while exchange-traded...
Fed’s Lacker: Would want to pause taper only if data much weaker
BALTIMORE (Reuters) - The U.S. Federal Reserve may speed up or slow down the pace at which it winds down its massive bond-buying program, a top Fed official said on...
Fed’s Lacker says big balance sheet doesn’t tie Fed’s hands
BALTIMORE (Reuters) - The unprecedented size of the Federal Reserve's balance sheet will not keep the Fed from being able to conduct effective monetary policy, a top U.S. central banker...
U.S. private sector jobs tepid, mortgage applications near flat
NEW YORK (Reuters) - U.S. private employers added fewer jobs than expected in September and mortgage applications remained near flat in the latest week, underscoring expectations that growth in the...