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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 45-55
  • New campaign for a California oil extraction tax underway

    New campaign for a California oil extraction tax underway
    San Francisco Bay Area hedge fund manager Tom Steyer on Monday launched a statewide campaign, aimed at prompting action by state lawmakers, to impose a new extraction tax on oil produced in California. Steyer said California imposes only a 14-cent per...
  • Herbalife shares surge on word of clean new audits

    Herbalife shares surge on word of clean new audits
    Shares of Herbalife Ltd. stock surged more than 9% Monday after the company said its new accounting firm made "no material changes" after re-auditing three years of the company’s financial statements. The new audits were required because KPMG...
  • Another analyst raises price target for Herbalife stock

    Another analyst raises price target for Herbalife stock
    This year, even bad news has ended up boosting Herbalife Ltd. stock. The latest example is the company's accounting difficulties. KPMG resigned as Herbalife's auditor in April after one of its partners admitted to an insider-trading scheme involving the...
  • Activist investor Clinton Group seeks to take Wet Seal private

    Activist investor Clinton Group seeks to take Wet Seal private
    Wet Seal Inc., the Foothill Ranch teen apparel retailer, is in the crosshairs of its activist investor Clinton Group Inc. The New York hedge fund said in a regulatory filing Wednesday that it is “exploring financing alternatives” to allow...
  • Herbalife takes another bite out of Bill Ackman

    Herbalife takes another bite out of Bill Ackman
    Followers of Herbalife, the Los Angeles peddler of nutritional supplements, know it's actually two stories rolled into one. One is the story of how a company with a questionable business model, overhyped products, and an almost invisible research and...
  • SAC fund manager Michael Steinberg guilty in insider-trading case

    SAC fund manager Michael Steinberg guilty in insider-trading case
    Michael Steinberg became SAC Capital Advisors' longest-serving manager to be convicted of insider trading in a government victory that may increase pressure on his former colleague Mathew Martoma to cooperate in the U.S. investigation of founder Steven A....
  • Financial markets: Six highlights -- and absurdities -- of 2013

    Financial markets: Six highlights -- and absurdities -- of 2013
    Wall Street had plenty of reasons to think 2013 would go miserably for the stock market — what with a lackluster global economy, the U.S. government shutdown, Syria's civil war, the Obamacare fiasco and Miley Cyrus. Instead, we're on track for a...
  • Millions of Americans lack basic financial literacy, studies show

    Millions of Americans lack basic financial literacy, studies show
    Guess how many Americans correctly answered this basic financial question: Is the stock of a single company usually safer than a mutual fund? A) 100% B) 80% C) 60% D) None of the above. The right answer is D. Barely 1 in 2 people knew that a single...
  • How to begin owning stock

    How to begin owning stock
    Dear Liz: I currently have a 401(k) and an IRA, but want something more. A longtime CPA, who is very close to our family, recommended that I buy some stocks, but I'm unsure how to go about this. Answer: When you're investing, it's important to be...
  • Sony Pictures eyes $100 million or more in cuts, hires Bain & Co.

    Sony Pictures eyes $100 million or more in cuts, hires Bain & Co.
    Sony Pictures Entertainment, under pressure from activist investor Daniel Loeb, is eyeing at least $100 million in budget cuts and has hired consultancy Bain & Co. to examine the studio's expenditures, according to a source with knowledge of the matter....
  • Sony Pictures outlines budget cuts, trims film slate

    Sony Pictures outlines budget cuts, trims film slate
    Sony Pictures Entertainment, reeling from several box office disappointments and under assault from an activist shareholder, said at a Thursday morning meeting for investors that it would undergo a "significant shift" away from movies and toward the...