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Jennifer Ablan

2:45pm EST

Berkshire Hathaway gains $1.6 billion from its huge bite of Apple

NEW YORK Warren Buffett's Berkshire Hathaway Inc is sitting on more than $1.6 billion of gains in its investment in Apple Inc. after shares of the iPhone maker surged.

11:43am EST

Berkshire Hathaway gains $1.6 billion from its huge bite of Apple

NEW YORK Warren Buffett's Berkshire Hathaway Inc is sitting on more than $1.6 billion of gains in its investment in Apple Inc. after shares of the iPhone maker surged.

8:01am EST

Gundlach expects U.S. 10-year T-note yield to drop below 2.25 percent

NEW YORK Jeffrey Gundlach, chief executive of DoubleLine Capital, said on Friday he expects the yield on the benchmark 10-year U.S. Treasury note to drop below 2.25 percent as global investors seek safety.

Feb 14 2017

U.S. investors brace for mounting political risks as they decode Trump

NEW YORK Barry James built up his $4 billion mutual fund largely by studying balance sheets, earnings and market share. In the last few weeks, however, he has realized that he must look at a new force in the market: U.S. President Donald Trump. 

Feb 10 2017

Loeb's Third Point takes new stakes in Goldman, BofA, JPMorgan

NEW YORK Hedge fund manager Dan Loeb's Third Point LLC took new equity stakes in Goldman Sachs Group Inc, Bank of America Corp, JPMorgan Chase & Co during the fourth quarter, according to regulatory filings on Friday, on a bet that interest rate hikes and operating leverage will jack up returns.

Feb 08 2017

U.S. Treasuries to stay in demand due to geopolitical risks: Pimco

NEW YORK Dan Ivascyn, the group chief investment officer at bond heavyweight Pimco, said on Wednesday that U.S. Treasuries will continue to be in demand, given the geopolitical risks around the world.

Feb 06 2017

Icahn to sell closed Trump Taj Mahal casino in Atlantic City

NEW YORK Billionaire activist investor Carl Icahn said on Monday he planned to sell his shuttered Trump Taj Mahal casino in Atlantic City, New Jersey, likely bringing an end to his troubled relationship with the city.

Feb 06 2017

Pimco Total Return Fund posts January cash withdrawals of $1.6 billion

NEW YORK Investors pulled $1.6 billion from the Pimco Total Return Fund in January, leaving assets under management of $75 billion, Morningstar data showed on Monday.

Feb 06 2017

Bill Gross: Without ECB, BOJ policies, U.S. 10-year yield would be 3.5 percent

NEW YORK Bond investor Bill Gross said on Monday that without quantitative easing from the European Central Bank and Bank of Japan the 10-year U.S. Treasury yield would "rather quickly" rise to 3.5 percent and the U.S. economy would sink into recession.

Feb 01 2017

Gundlach's Doubleline Total Return Fund posts $1 billion outflow: Morningstar

NEW YORK The DoubleLine Total Return Bond Fund posted an estimated net outflow of $1 billion in January, its third straight net cash withdrawal after it bled $3.5 billion the previous month, data from research firm Morningstar showed on Wednesday.

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