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Mutual Fund Center

UPDATE 1-Goldman faces U.K. probe over reporting practices - Bloomberg

Aug 17 Goldman Sachs Group Inc is facing a probe from U.K. regulators over its reporting practices tied to new rules in European markets, Bloomberg reported on Friday, citing people with knowledge of the matter.

Goldman faces U.K. probe over reporting practices - Bloomberg

Aug 17 Goldman Sachs Group Inc is facing a probe from U.K. regulators over its reporting practices tied to new rules in European markets, Bloomberg reported on Friday, citing people with knowledge of the matter.

Lower recovery rates to haunt US leveraged loans

NEW YORK, Aug 17 (LPC) - Overwhelming demand for floating-rate leveraged loans has eroded credit quality and will lead to more defaults and lower recovery rates in an economic downturn, according to ratings agency Moody’s.

U.S. value stocks capitalize on 'FANG' stumbles, with room to run

NEW YORK, Aug 17 The summer roller-coaster in two of the four big-cap 'FANG' names - Facebook Inc, Amazon.com Inc, Netflix Inc and Google-parent Alphabet Inc - has led to a shift, albeit slight, into value stocks.

UPDATE 1-CAVA to acquire Zoe's Kitchen for $300 million

Aug 17 CAVA, a U.S. privately held restaurant chain focusing on casual Mediterranean cuisine, said on Friday it has agreed to acquire publicly listed peer Zoe's Kitchen Inc for around $300 million including debt, with backing from a group of investors.

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