Buy everything U.S. if Britain leaves EU: Prudential’s Peters
NEW YORK (Reuters) – Gregory Peters, a senior investment officer at Prudential Fixed Income with more than $621 billion of assets, said on Tuesday he thinks U.S. stocks and bonds are a “great” buying opportunity if Britain votes to exit the European Un…
New York hedge fund executive in apparent suicide after insider trading charges: police
(Reuters) – Sanjay Valvani, a hedge fund manager at Visium Asset Management LP who was criminally charged last week in a major insider trading case, has been found dead in an apparent suicide, the police said on Tuesday.
Post Holdings held talks to merge with ConAgra’s Lamb Weston unit
(Reuters) – Raisin Bran cereal maker Post Holdings Inc held talks to merge with ConAgra Foods Inc’s Lamb Weston frozen potato products unit, said a source familiar with the matter.
Fed warns U.S. equity valuations ‘well above’ median
NEW YORK (Reuters) – The Federal Reserve on Tuesday delivered its starkest warning yet under Chair Janet Yellen that by its assessment U.S. stocks are pricey.
Boeing confirms signing jetliner deal with Iran Air
NEW YORK (Reuters) – Boeing Co signed an agreement to sell jetliners to Iran Air, the company said on Tuesday, confirming Iranian statements about the historic deal to sell 100 jetliners to the airline.
Facebook signs deals with media firms, celebrities for Live: WSJ
(Reuters) – Facebook Inc has signed deals worth more than $50 million with media companies and celebrities to create videos for its live-streaming service, the Wall Street Journal reported.
FedEx posts loss due to pension accounting adjustments
CHICAGO (Reuters) – Package delivery company FedEx Corp on Tuesday reported a quarterly loss, citing mark-to-market pension adjustments and expenses related to its acquisition of Dutch package delivery company TNT.
Oil settles down, bounces off session lows with gasoline
NEW YORK (Reuters) – Oil prices dipped on Tuesday on more speculation over Britain’s future in the European Union, then pared losses to settle off session lows as a U.S. refinery outage triggered a rebound in gasoline prices.
U.S. says Venezuela guilty of oil sector ‘malpractice’
BUENOS AIRES (Reuters) – Venezuela has badly mismanaged its vast oil resources, a senior U.S. diplomat told Reuters in an interview on Tuesday in which he said a change in government could quickly turn the OPEC member’s fortunes around.
Fed’s Powell warns that dollar-based Libor could disappear
NEW YORK/WASHINGTON (Reuters) – Financial markets need to consider the risks of relying heavily on the dollar-based London Interbank Offer Rate because this reference rate could stop being published, Federal Reserve Governor Jerome Powell said on Tuesd…
