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Reuters: Money
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Reuters: Money
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Prominent investors stock up on eBay, then activists flex muscle
EBay Inc.'s stock price slumped for most of last year but a number of prominent hedge funds were so convinced that change is on the horizon for the e-commerce company that they established new or...
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REUTERS
Jeff Vinik offers fee cuts to help bring in cash for new fund
Prominent U.S. investor Jeffrey Vinik is promising potential clients a cut in fees and said that it had been tougher to raise money than he initially thought, as he prepares to relaunch Vinik Asset...
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REUTERS
Berkshire trims Apple stake, adds Suncor and Red Hat, exits Oracle
Warren Buffett's Berkshire Hathaway Inc said it has trimmed its stake in iPhone maker Apple Inc, though none of the selling was Buffett's, and added positions in Canada's Suncor Energy Inc and...
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REUTERS
U.S. fund investors charge into money market funds: Lipper
U.S. fund investors added another $18.7 billion to money market funds during the latest week, likely putting the low-risk funds on track for a third straight quarter of positive demand, Lipper data...
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REUTERS
Charlie Munger targets active managers, Elon Musk; praises China
Charlie Munger, the longtime business partner of Warren Buffett at Berkshire Hathaway Inc, on Thursday criticized active fund managers, bankers and even Elon Musk as he urged investors to court...
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REUTERS
U.S. tax refunds down nearly 9 percent vs year ago: IRS data
The average U.S. tax refund under President Donald Trump's tax overhaul is down nearly 9 percent so far in this year's tax filing season, according to Internal Revenue Service data released on...
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REUTERS