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Morningstar Incorporated

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  • Cautious on stocks, ClearBridge's Bauman sits on $1 billion

    BOSTON (Reuters) - What do you do with $1 billion in extra cash? For Evan Bauman, one of America's top performing fund managers, the answer is simple: nothing for now.
  • U.S. judge tosses FDA panel report on menthol cigarettes

    NEW YORK (Reuters) - A federal judge ruled on Monday in favor of two tobacco companies that challenged a 2011 U.S. Food and Drug Administration committee report on menthol cigarettes, finding three of the panel's members had conflicts of interests. U.S....

    Pimco owner stands by Chief Investment Officer Bill Gross

    Allianz SE, the German company that owns Pacific Investment Management Co., is standing behind Chief Investment Officer Bill Gross, even as his main fund trails peers' and struggles with heavy investor withdrawals. "We want Bill Gross to work as CIO for...

    Kraft CFO digs into new role

    Kraft CFO digs into new role
    Even after 19 years with the world's largest household-products company, Teri List-Stoll wasn't itching for a change. But the opportunity to become CFO of Kraft Foods Group in 2013 merited a closer look, says List-Stoll, who was approached about the job...

    HGTV builds into a top cable network on foundation of no-frills shows

    HGTV builds into a top cable network on foundation of no-frills shows
    As hard as it may be to imagine, there was a time not so long ago when few Americans had ever heard the expression "man cave." In 1994, PBS' trusty "This Old House" was the best known of a handful of home-improvement programs on the airwaves. The idea...