Story | Aug 1, 2014 | 4:43 PM
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Story | Aug 1, 2014 | 3:59 PM(Reuters) - Botox maker Allergan Inc on Friday accused rival Valeant Pharmaceuticals International and billionaire investor William Ackman of violating securities laws by using insider information as they prepared a takeover bid for the drug company.
Story | Aug 1, 2014 | 1:59 PM
NEW YORK (Reuters) - Jeffrey Gundlach's DoubleLine Funds had net inflows of $603 million in July, with its flagship DoubleLine Total Return Bond Fund attracting net inflows of $375 million. DoubleLine Capital, based in Los Angeles, said on Friday its...
Story | Aug 1, 2014 | 2:15 PM
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...
Story | Aug 1, 2014 | 10:26 AM
NEW YORK (Reuters) - Investors worldwide pulled $4.4 billion out of high-yield junk bond funds in the week ended July 30, marking a third straight week of big withdrawals from the funds, data from a Bank of America Merrill Lynch Global Research report...