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Mutual Funds

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

Top Mutual Funds Articles

Displaying items 23-33
  • Former L.A. schools chief calls iPad program illegal

    Former L.A. schools chief calls iPad program illegal
    A former L.A. schools superintendent has stepped forward to criticize a $1 billion effort to provide every student, teacher and campus administrator with a tablet or laptop computer. William J. Johnston, 87, did not object to the goal, but focused instead...
  • Top House Republican proposes ambitious tax overhaul

    Top House Republican proposes ambitious tax overhaul
    WASHINGTON — A top House Republican unveiled an ambitious plan to overhaul the tax code Wednesday, taking aim at long-protected loopholes for mortgage interest deductions, corporate jets and Wall Street pay. The plan would also lower top rates...
  • Dim prospects for House Republican plan to overhaul tax code

    Dim prospects for House Republican plan to overhaul tax code
    WASHINGTON -- A top House Republican unveiled an ambitious tax code overhaul Wednesday, taking aim at long-protected loopholes for mortgage interest deductions, corporate jets and Wall Street pay, while promising to lower top rates to 25% for most...
  • Ackman accuses Herbalife director of misleading recruits

    Ackman accuses Herbalife director of misleading recruits
    Activist hedge fund manager Bill Ackman continued his relentless attack on Herbalife, releasing a report that accuses millionaire Herbalife distributor John Tartol of misleading others into selling the company's nutrition products. Ackman's company,...
  • Herbalife profit rises 10% on boost in China sales; outlook raised

     Herbalife profit rises 10% on boost in China sales; outlook raised
    Herbalife Ltd., the nutrition company that hedge fund manager Bill Ackman has accused of being a pyramid scheme, said fourth-quarter profit rose 10% and boosted its forecast as sales gained in China. Net income increased to $123.5 million, or $1.15 a...
  • Financial pointers for the 99%

    Financial pointers for the 99%
    When Liz Davidson told friends 15 years ago that she was quitting her job running a hedge fund, they thought she was misguided. Then Davidson revealed her new career plan, and they thought she was really nuts. She launched a company that gives...
  • Herbalife increases share buyback 50%

    Herbalife increases share buyback 50%
    Herbalife Ltd. boosted its share buyback 50% to $1.5 billion and announced a $1-billion sale of convertible bonds. Fourth-quarter earnings were probably $1.26 to $1.30 a share based on preliminary results, excluding some items, the Los Angeles company...
  • California attorney general to meet with Herbalife critics, group says

    California attorney general to meet with Herbalife critics, group says
    California Atty. Gen. Kamala D. Harris' staff has agreed to meet Friday in Los Angeles with a coalition of critics who believe that Herbalife Ltd. preys on poverty-stricken immigrants with false hopes of easy money, a member of the group said. “...
  • U.S. senator calls for investigation of Herbalife; shares tumble

    U.S. senator calls for investigation of Herbalife; shares tumble
    Sen. Edward J. Markey is urging federal regulators to investigate the business practices of Herbalife Ltd., making him the most prominent figure yet to express concern about the Los Angeles maker of nutrition and personal care products. Herbalife shares...
  • Pimco's El-Erian unexpectedly resigns

    Pimco's El-Erian unexpectedly resigns
    From an office tower overlooking the sumptuous Fashion Island mall in Newport Beach, Mohamed El-Erian sat atop a massive treasure trove of wealth as chief executive of Pimco. Soft-spoken and cerebral, El-Erian presided over a financial juggernaut that...
  • Small firms' stocks soared in 2013, outpacing the broader market

    Small firms' stocks soared in 2013, outpacing the broader market
    NEW YORK — It's been a fantastic time for stocks, but it's been even better for shares of small companies like Zale Corp. The small Texas company's shares rocketed more than 280% last year, propelled by investors who expect lovebirds to...