Investors pull $1.1 billion from Pimco Total Return Fund in January
NEW YORK (Reuters) – The Pimco Total Return Fund, which lost its crown as the largest bond fund in the world last year, started 2016 with yet another round of outflows, $1.1 billion in January, illustrating the difficulty Pimco’s flagship fund is havin…
Yahoo to explore strategic alternatives alongside spin-off
(Reuters) – Yahoo Inc said on Tuesday it was exploring strategic alternatives in addition to the continued pursuit of the reverse spin-off of its Internet business.
Yahoo to say it is exploring ‘strategic alternatives’
(Reuters) – Yahoo Inc is expected to announce on Tuesday that it is exploring “strategic alternatives” for its struggling Internet business, a person familiar with the matter said.
Spin-off or sale? Yahoo turnaround plan in focus as earnings awaited
SAN FRANCISCO (Reuters) – Yahoo Inc’s plans to turn around its struggling core business are set to dominate its earnings report on Tuesday, with investors keen to see if CEO Marissa Mayer will push ahead with a proposed spin-off or entertain calls for …
Lufthansa, Iberia defeat U.S. passenger appeals over flight delays
(Reuters) – Lufthansa and Iberia persuaded a U.S. appeals court in Chicago to reject efforts by passengers to hold them liable for delays on multi-leg international flights involving multiple airlines.
EU seeks to bring U.S. trade talks towards a close by summer: trade commissioner
AMSTERDAM (Reuters) – The European Union aims to bring free trade negotiations with the United States towards a close by the summer, a necessary step if a deal is to be clinched before a change of president in the United States.
Chipotle stock up ahead of quarterly report
SAN FRANCISCO (Reuters) – Chipotle Mexican Grill’s stock climbed on Tuesday for a second consecutive day, ahead of the restaurant chain’s fourth-quarter report, on bets that the fallout from recent outbreaks of food-borne illness has been fully priced …
Alphabet overtakes Apple in market value – for now
(Reuters) – Alphabet Inc might win the market cap battle against Apple Inc , but will it win the war?
Documents show profit-seeking behind price hikes at Turing, Valeant
WASHINGTON/NEW YORK (Reuters) – A decision by Turing Pharmaceuticals to increase profits by raising the price of a lifesaving drug by 5,000 percent drove some patient co-pays up to $16,000, according to excerpts of documents that congressional committe…
U.S. CEOs unleash recession fears in earnings calls
NEW YORK (Reuters) – U.S. companies are growing more concerned about the prospects of a recession in the year ahead for the first time since the end of the financial crisis.
