BlackRock adjusts leadership team for its largest mutual fund
NEW YORK, Dec 7 BlackRock Inc is replacing one of the leaders of its nearly $42 billion BlackRock Global Allocation Fund and adding three new portfolio managers.
Feb 22 The New York State Common Retirement Fund said on Friday it withdrew a lawsuit against Qualcomm Inc after the wireless chip company agreed to revise its political spending disclosure policy.
State comptroller Thomas DiNapoli had said on Jan. 3 that New York state's $150-billion public pension fund had sued Qualcomm with an aim of forcing the chipmaker to reveal its political spending.
The suit was filed after Qualcomm refused a request by the fund, a Qualcomm shareholder, to inspect records detailing the use of corporate resources for political activities, DiNapoli said.
The company promised in a joint statement with the fund to post details online about its contributions to political candidates and political parties, as well as its political expenditures to trade groups and other organizations.
* Pershing square holdings - "chipotle's sales recovery will be neither smooth nor predictable over the next few quarters"
NEW YORK Dec 7 There's been a lot of talk since the election about dismantling the Dodd-Frank financial reform act. On his website, President-elect Donald Trump blames Dodd-Frank's "bureaucratic red tape and Washington mandates" for strangling economic growth.