| Jul 31, 2014
| 8:09 AM
NEW YORK (Reuters) - The Pimco Total Return Fund, the world's largest bond fund run by Bill Gross, is ending the month on a rough note, lagging 93 percent of its peers so far in July.
According to preliminary Morningstar data on Thursday, the Pimco Total...
| Jul 30, 2014
| 2:30 AM
Legendary investor Peter Lynch, whose investment management skills helped attract billions of dollars into the Fidelity Magellan Fund from 1977 until 1990, once famously advised small investors, "Buy what you know." The concept was simple: If you buy what...
| Jul 30, 2014
| 8:45 AM
NEW YORK (Reuters) - Bill Gross, manager of the world's largest bond fund, said Wednesday that income, rather than capital gains, would drive future investment returns as a result of low global economic growth.
"Capital gains from almost all asset...
| May 27, 2014
| 6:35 PM
Pacific Investment Management Co. is rehiring a former top executive in its latest bid to overcome the furor still lingering from the surprise resignation of its chief executive early this year.
The Newport Beach bond fund giant said Tuesday that Paul...
| May 6, 2014
| 4:09 AM
Office Depot plans to close 400 U.S. stores — more than a fifth of its Office Depot and OfficeMax locations — by 2016, the company said Tuesday.
Of those, 150 are slated to close late this year, after the back-to-school season.
| May 7, 2014
| 7:49 PM
Just as the Chicago area is getting ready for air conditioning weather, residents can expect to be jolted by higher electric bills.
Starting June 1, Commonwealth Edison customers on average will see monthly bills jump 21 percent, to about $82 a month...
| May 5, 2014
| 2:30 AM
Kiplinger's Personal Finance
Because the U.S. energy market is rapidly expanding, thanks in large part to the shale boom, the master limited partnership market offers plenty of choices. True, some old-time darlings are running aground because their pipes...
| May 14, 2014
| 6:20 PM
Stock prices are near all-time highs, but the real place to be this year is the bond market.
To the surprise of many on Wall Street, the long-underestimated fixed-income market is quietly outperforming its equity counterpart.
Many investors expected...
| May 19, 2014
| 11:15 AM
Mutual-fund fees are declining as the stock market rises and investors become savvier about expenses, according to a new study.
The sharp rise in share prices last year triggered discounts in which fees in many funds dropped as the assets in those...
| Jun 3, 2014
| 12:26 PM
Hillshire Brands Co. shares hit a new high on Tuesday after Pilgrim's Pride Corp. raised its offer for the Chicago-based food company to $55 per share.
Investors are now waiting to see whether bidder Tyson Foods Inc. will come back with yet a higher...
| May 21, 2014
| 4:55 PM
Neel Kashkari's career has taken him from engineering to investment banking to managing the federal government's $700-billion bailout of Wall Street, overseeing stock funds and running for governor — all by age 40.
What others might view as a...