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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Reuters: Money

'Medical check-ups': Japan firms tap banks for advice as activists circle

Thu, Jul 19, 2018

Japanese companies are increasingly turning to investment banks and public relations firms for advice on dealing with potential approaches by activist investors who are targeting low valuations and... ...

U.S. equity ETFs break six-week streak of outflows: Lipper

Thu, Jul 19, 2018

Fund investors piled into U.S.-based equity exchange-traded funds in the week ended Wednesday, following six straight weeks of withdrawals, Lipper data showed on Thursday, as investors geared up for... ...

U.S. municipal bond funds post $1.3 billion in inflows: Lipper

Thu, Jul 19, 2018

U.S. municipal bond funds reported $1.3 billion of net inflows in the week ended July 18, compared with $651 million in inflows in the previous week, according to data released by Lipper on Thursday. ...

BlackRock replaces Americas corporate governance leader

Thu, Jul 19, 2018

Top asset manager BlackRock Inc has hired Ray Cameron as head of the Americas within its investment stewardship arm, according to a memo seen by Reuters on Thursday, turning to an outsider to fill... ...

U.S. Medigap plans fall short on protections for pre-existing conditions

Thu, Jul 19, 2018

(The opinions expressed here are those of the author, a columnist for Reuters.) ...

Queen B: Life lessons take flight with Angela Bassett

Thu, Jul 19, 2018

(The writer is a Reuters contributor. The opinions expressed are his own.) ...

Detour Gold and Paulson trade barbs over hedge fund's campaign

Wed, Jul 18, 2018

Canadian miner Detour Gold and activist investor Paulson & Co entered into an increasingly heated public exchange on Wednesday over the hedge fund's campaign to seek change at the company and a... ...

Trade-war concerns cloud New York City investment conference

Wed, Jul 18, 2018

A prolonged U.S. trade war with China and Europe would dent global economic growth and force investors to reassess the profitability of U.S. companies, some of the biggest hedge funds and private... ...

Ex-Point72 portfolio manager to launch macro hedge fund Entheos: sources

Wed, Jul 18, 2018

Erik Cetrulo, a former portfolio manager at Steven Cohen's Point72 Asset Management, is raising funds for a global macro discretionary hedge fund and is targeting a launch in the first quarter of... ...

Oaktree's Marks bullish on emerging market stocks, real estate debt

Wed, Jul 18, 2018

Emerging market equities and real-estate debt remain attractive at a time when most of the year's gains in the S&P 500 have already been realized, billionaire investor Howard Marks said on Wednesday... ...