RPT-COLUMN-Hedge funds find plenty of willing sellers in oil: Kemp
LONDON, Feb 27 For every buyer of futures and options there must be a seller. For every long position there must be a corresponding short position.
FRANKFURT Dec 5 German real estate group LEG is pressing ahead with the preparations for its initial public offering of shares and has mandated Goldman Sachs and Deutsche Bank as advisors, two people familiar with the situation told Reuters.
The IPO, which could value the company at close to 5 billion euros ($6.54 billion), is planned for the first quarter of next year if markets remain stable, they added.
A so-called intention to float, which is usually issued four weeks ahead of the listing, may be put out in January or February, the people said.
Feb 27 Morgan Stanley gave some wealth management clients incorrect information on taxes that caused some to underpay and others to overpay, according to a regulatory filing on Monday.
BOSTON, Feb 27 Fidelity Investments plans to offer voluntary buyouts to employees who are 55 years or older, and who have worked for the Boston-based fund firm at least 10 years, a company executive said on Monday.