Glenview’s Robbins says talk of Amazon’s entering pharma is overblown

NEW YORK (Reuters) - Glenview Capital Management Chief Executive Larry Robbins said on Monday at the Sohn Investment Conference in New York that he...

Goldman names new head of private wealth management for Americas

(Reuters) - Goldman Sachs Group Inc on Monday named company veteran John Mallory to lead its private wealth management business in the Americas. The...

High-profile investors bet on stocks tied to millennials: Sohn Conference

NEW YORK (Reuters) - Hedge fund managers at the high-profile 2018 Sohn Investment Conference in New York pitched stock ideas on Monday, ranging from...

Gundlach says buy oil producers, bet against Facebook: Sohn Conference

NEW YORK (Reuters) - Billionaire investor Jeffrey Gundlach on Monday said investors should consider betting against Facebook Inc because the prospect of regulation still...

ANZ to book $484 million charge on wealth business sales

(Reuters) - Australia and New Zealand Banking Group (ANZ) said it would book a loss of A$632 million ($484 million) on the divestment of...

U.S. fund managers brace for trade war with focus on pricing power

NEW YORK (Reuters) - Investors’ fears of an all-out trade war between the United States and China is prompting U.S. stock fund managers to...

Low profile hedge funds post high returns in year after New York Sohn conference

NEW YORK (Reuters) - One of the year’s most popular events for fund managers, the Sohn Investment Conference, will be held in New York...

Wells Fargo agrees to pay $1 billion to settle customer abuses

(Reuters) - Wells Fargo & Co has agreed to pay $1 billion in penalties to federal regulators to settle a probe into abuses at...

Firearms companies widely held in ETFs and funds: research firm

BOSTON (Reuters) - An estimated 24 percent of the world’s exchange-traded funds and 15 percent of mutual funds have holdings in firearms companies, researcher...
Iraqi parliament approves budget, Kurdish lawmakers boycott vote

U.S. ‘junk’ bond funds take in most weekly cash since 2016: Lipper

NEW YORK (Reuters) - Investors stormed back into the market for the riskiest corporate debt during the latest week, Lipper data showed on Thursday,...

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Trump threatens govt. shutdown in Sept if no funding for wall

Trump threatens government shutdown in September if no funding for wall

WASHINGTON, Michigan (Reuters) - U.S. President Donald Trump on Saturday threatened to shut down the federal government in September if Congress did not provide...
Iraqi parliament approves budget, Kurdish lawmakers boycott vote

UPDATE 1-Top Sainsbury's shareholder QIA backs Asda takeover talks -source

DUBAI/LONDON, April 29 (Reuters) - Qatar Investment Authority (QIA), the biggest shareholder in J Sainsbury Plc , is supportive of merger talks between the British supermarket...

Bjork claims maiden European Tour title at China Open

(Reuters) - Sweden’s Alexander Bjork won his maiden European Tour title at the China Open on Sunday, closing with a seven-under 65 to seal...