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A collection of news and information related to Mutual Funds published by this site and its partners.

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    May 21, 2013 |Story| Los Angeles Times

  1. On eve of Sony meeting, report says company could discuss spinoff

    Sony Corp. is "considering evaluating" a spinoff of its entertainment arm that is being advocated by the hedge fund and Sony shareholder Third Point, according to Japan's Nikkei newspaper.
    Sony Corp. is "considering evaluating" a spinoff of its entertainment arm that is being advocated by the hedge fund and Sony shareholder Third Point, according to Japan's Nikkei newspaper. The news comes a day before a much-anticipated Sony corporate...

    Tags: Tokyo (Japan), Sony Corp., Japan, Entertainment, Science and Technology

    2. May 18, 2013 |Story| Los Angeles Times

  2. Healthy savings, no debt but worried about retirement

    Call it retirement anxiety, or maybe recession obsession.
    Call it retirement anxiety, or maybe recession obsession. For all of their married life, Patrick Webster, 63, and Susie Martin, 54, have been extremely frugal. Webster and Martin, who both work at Marymount College in Rancho Palos Verdes, have been...

    Tags: Stock Market, Economy, Business and Finance, Finance, Starbucks Corp.

    3. May 17, 2013 |Story| Los Angeles Times

  3. Sale of Sacramento Kings to California investors is a done deal

    Calling it one of the great comebacks in sports, Mayor Kevin Johnson announced on Friday at City Hall that the sale of the Sacramento Kings to a local group of investors has been finalized.
    Calling it one of the great comebacks in sports, Mayor Kevin Johnson announced on Friday at City Hall that the sale of the Sacramento Kings to a local group of investors has been finalized. The Maloof family is reportedly selling a 65% controlling...

    Tags: NASCAR, Chris Kelly, National Basketball Association, Qualcomm Inc., Kobe Bryant

    4. May 14, 2013 |Story| AP Member Choice Complete

  4. Stock market rises back into record territory

    The stock market marched back into record territory as investors seized on the latest encouraging news about the economy. On Tuesday, it was a report on the health of small businesses.
    The stock market marched back into record territory as investors seized on the latest encouraging news about the economy. On Tuesday, it was a report on the health of small businesses. Small business owners were slightly more optimistic in April,...

    Tags: Foreign Exchange Market, Economy, Business and Finance, Sony Corp., JPMorgan Chase & Co., Finance

    5. May 14, 2013 |Story| Los Angeles Times

  5. A Sony entertainment spinoff would provide opening for CBS

    New York hedge fund manager Daniel Loeb wants Japanese electronics giant Sony Corp. to spin off its Culver City entertainment business.
    New York hedge fund manager Daniel Loeb wants Japanese electronics giant Sony Corp. to spin off its Culver City entertainment business. CBS Corp. might like that, too. Loeb, whose Third Point funds own more than $1 billion in Sony stock, sent a letter...

    Tags: Television, Sony Corp., Viacom Inc., Seinfeld (tv program), Television Networks

    6. May 14, 2013 |Story| Los Angeles Times

  6. Fox bets on stars! ESPN eyes Open. Pressure on Sony to split

    <span style="font-size: small;"><strong>After the coffee. Before the ESPN and ABC upfronts.</strong></span>
    After the coffee. Before the ESPN and ABC upfronts. The Skinny: I got through the day without any pizza. Let's see if I can make it two in a row. Tuesday's headlines include Fox's new TV schedule for next season. Also, a hedge fund manager is pressuring...

    Tags: Television, Joyce Brothers, Advertising, Fox Broadcasting Company, Entertainment

    7. May 14, 2013 |Story| Los Angeles Times

  7. Sony stock jumps as hedge fund pushes taking entertainment unit public

    Sony Corp.'s stock rallied about 9% in early trading after a New York hedge fund proposed that the company take its entertainment unit public.
    Sony Corp.'s stock rallied about 9% in early trading after a New York hedge fund proposed that the company take its entertainment unit public. Sony shares added $1.64, or 8.7%, to stand at $20.53 shortly after the opening bell on Wall Street. Daniel...

    Tags: Sony Corp., Business, Entertainment, Science and Technology, Electronics

    8. May 14, 2013 |Story| Los Angeles Times

  8. Sony shares jump as hedge fund urges IPO of entertainment unit

    Sony Corp. stock soared in afternoon trading after New York hedge fund Third Point proposed that the electronics and media giant make an initial public stock offering of up to 20% of its entertainment arm.
    Sony Corp. stock soared in afternoon trading after New York hedge fund Third Point proposed that the electronics and media giant make an initial public stock offering of up to 20% of its entertainment arm. That unit, known as Sony Entertainment Inc.,...

    Tags: Television, Sony Corp., Seinfeld (tv program), Community (tv program), Entertainment

    9. Apr 30, 2013 |Story| Los Angeles Times Exclusive

  9. Koch brothers want to make your newspaper their megaphone

    The people of Los Angeles would be up in arms if some out-of-town billionaires tried to buy the Dodgers and institute a rule that only right-handers could play on the team. Petitions would be signed, protests would be organized and politicians would rise up to condemn the sale.&nbsp;It would be nice if there were a similar outcry at the prospect of the Koch brothers buying the Los Angeles Times.
    The people of Los Angeles would be up in arms if some out-of-town billionaires tried to buy the Dodgers and institute a rule that only right-handers could play on the team. Petitions would be signed, protests would be organized and politicians would...

    Tags: Hampton Roads, Charles Koch, Newspaper and Magazine, Television Industry, Tribune Company

    10. Apr 29, 2013 |Story| Los Angeles Times

  10. Herbalife posts record results

    Herbalife Ltd. has now notched 17 consecutive quarters in which its profits sailed past Wall Street projections.
    Herbalife Ltd. has now notched 17 consecutive quarters in which its profits sailed past Wall Street projections. The Los Angeles nutritional products company told investors Monday that earnings during the first three months of the year climbed nearly...

    Tags: Economy, Business and Finance, Finance, Accounting and Auditing, Insider Trading, Earnings

    11. Apr 30, 2013 |Story| Los Angeles Times

  11. SEC accuses city of Victorville, others of fraud in bond sale

    Ever since the Department of Defense shut down George Air Force Base in 1992, the high desert town of Victorville has struggled to reinvent itself.
    Ever since the Department of Defense shut down George Air Force Base in 1992, the high desert town of Victorville has struggled to reinvent itself. The city encouraged massive residential and retail development. It invested in two new power plants....

    Tags: Economy, Business and Finance, Finance, Property, College Sports, Bonds

    12. May 1, 2013 |Story| Los Angeles Times

  12. Herbalife says KPMG's resignation hindered stock buybacks

    Herbalife Ltd. said it had to scale back plans to repurchase its shares after KPMG resigned in early April as its auditor and withdrew its review of the company's annual financial statements for the last three years.
    Herbalife Ltd. said it had to scale back plans to repurchase its shares after KPMG resigned in early April as its auditor and withdrew its review of the company's annual financial statements for the last three years. The Los Angeles nutritional products...

    Tags: Quarterly or Semiannual Financial Statements, Economy, Business and Finance, Business Enterprises, Finance, KPMG

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