Global equity funds saw massive outflows this week, a sharp reversal from last week's inflows as pessimism over economic growth gripped investors once again, driving them instead to search for yield in credit and buy safer assets like bonds.
Morgan Stanley was ranked as the top adviser to companies targeted by activist investors publicly for the third straight year in 2018 while Goldman Sachs vaulted past two competitors to the number No. 2 spot, according to Refinitiv data published on Thursday.
The board of French oil and gas major Total has proposed total 2018 compensation for Chief Executive Patrick Pouyanne of 3.1 million euros ($3.55 million), compared with 3.8 million in 2017, company documents showed on Wednesday.
Fund managers have named bearish bets in European equities as the "most crowded" trade in Bank of America Merrill Lynch's survey for the first time in its history, suggesting sentiment for one of the world's most shunned markets may rise from here.
If you are looking for steady work, it is probably best not to go into show business. Unless you are Peter Krause, that is.
Corporate America's biggest shareholders have traditionally been content with sharing their views on a company's strategy privately with management.
Investors plowed $14.2 billion into global equity funds this week, the largest amount in a year as investors jumped on to 2019's stock market rally, Bank of America Merrill Lynch said on Friday, citing flow data provider EPFR.
Advantage Lithium Corp said on Thursday it has temporarily replaced Chief Executive David Sidoo as he battles U.S. fraud charges connected to a sweeping college admissions scandal.
TPG Capital senior executive Bill McGlashan on Thursday left the private equity firm after he was charged in connection with a U.S. college fraud scheme that has ensnared Hollywood celebrities and corporate elite.
U.S. investors ended their longest buying streak since October by pulling money out of domestic stock mutual fund and exchange-traded funds last week on global concerns about economic growth in Europe, according to Investment Company Institute data released on Wednesday.
Special Counsel Robert Mueller on Friday handed in a confidential report on his investigation into Russia's role in the 2016 presidential election and any potential wrongdoing by U.S. President Donald Trump, setting off a clamor from lawmakers in both parties for the document's quick release. Vanessa Johnston has the story.
The top U.S. law enforcement official could release as early as Saturday the main findings in Special Counsel Robert Mueller's confidential report on his 22-month-long inquiry into Russia's role in the 2016 presidential election and any potential wrongdoing by President Donald Trump.