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Mutual Funds

A collection of news and information related to Mutual Funds published by this site and its partners.

Top Mutual Funds Articles

Displaying items 109-120
  • Jana Partners, Greenlight Capital report losses for July: sources

    BOSTON (Reuters) - Hedge fund managers Barry Rosenstein and David Einhorn, like many other investors, were hurt by last month's late but sharp stock market selloff and are reporting losses for July, investors who saw their performance numbers said....
  • Without a net: Oppenheimer has $4 billion in uninsured Puerto Rico debt

    NEW YORK (Reuters) - A group of hedge funds supporting debt restructuring efforts in Puerto Rico has gained 14 new members, bringing the group's total assets under management to $240 billion, a spokesman for the group said on Friday. The group of 18...
  • Reduce lifestyle before tapping home equity to refinance debt

    Dear Liz: My wife and I accrued $28,000 of credit card debt over the past eight years. In addition to a sizable student loan bill for law school, our home mortgage and the expenses associated with three young children, we are struggling to get ahead...
  • Herbalife shares tumble on latest Ackman allegations

    Herbalife shares tumble on latest Ackman allegations
    Herbalife Ltd. shares plunged more than 10% after hedge fund manager Bill Ackman said he has new evidence of illegal activity at the Los Angeles nutritional products company. Ackman said he will share the evidence at a presentation in New York on...
  • Hedge fund Elliott discloses bigger Juniper stake, tight-lipped on Argentina

    BOSTON (Reuters) - Hedge fund Elliott Management told investors that it added to its stake in Juniper Networks last quarter and sees opportunities in real estate securities in Europe, but it said little about two positions making headlines -- Argentina...
  • Darden Restaurants CEO Clarence Otis to resign

    Darden Restaurants CEO Clarence Otis to resign
    After two straight years of declining profits and mounting pressure from investors, embattled Darden Restaurants Chief Executive Officer Clarence Otis on Monday announced plans to resign by the end of this year. Otis is stepping aside at a tumultuous...
  • Darden completes $2.1 billion sale of its Red Lobster chain

    Darden completes $2.1 billion sale of its Red Lobster chain
    Red Lobster began a new era Monday, as Orlando-based Darden Restaurants completed its $2.1 billion sale to private equity firm Golden Gate Capital. The chain is going "back to the basics of being not just the biggest, but the best seafood restaurant,"...
  • Herbalife stock plunges after earnings miss estimates

    Herbalife stock plunges after earnings miss estimates
    Los Angeles nutritional products company Herbalife reported a lower-than-expected profit for the second quarter and investors hammered its stock in after-hours trading. Excluding one-time expenses, such as the cost of its aggressive defense against...
  • Harvard hires former hedge fund manager to head public equity

    BOSTON (Reuters) - Harvard University has hired a former hedge fund manager as head of public equity to help oversee how its $32 billion endowment invests in stock markets around the world, the Ivy League school said on Friday. Michael Ryan, a Yale...
  • Former Citadel engineer pleads guilty to stealing closely held information

    Former Citadel engineer pleads guilty to stealing closely held information
    A former engineer with Chicago-based Citadel LLC pleaded guilty today to stealing closely held information on the giant hedge fund’s automated trading system and dumping some of the evidence near Wilmette Harbor when he thought the feds were on to...
  • Billionaire environmental activist visits Fort Lauderdale to raise super PAC cash

    Billionaire environmental activist visits Fort Lauderdale to raise super PAC cash
    Billionaire investor turned environmental activist Tom Steyer was in Fort Lauderdale last week raising money. Not for himself – he doesn't need it – but for his super political action committee designed to target key races in which one...
  • Herbalife profits are below expectations; shares fall after-hours

    Herbalife profits are below expectations; shares fall after-hours
    Los Angeles nutritional products company Herbalife Ltd. reported record sales of $1.3 billion for the second quarter but profits declined and the stock was down 10% in after-hours trading. Herbalife said it reported $119.5 million of profit for the...