Bill Gross’ flagship PIMCO bond fund may invest in equity-linked securities next year
The PIMCO Total Return Fund (NASDAQ: PTTAX), the world’s largest bond fund, will widen its investment strategy to allow portfolio manager Bill Gross the flexibility of holding up to 10 percent of the portfolio’s assets in “equity-linked” securities, such as preferred shares or convertible stock, according to an SEC filing.
U.S. expects legal software sales to rise in China
The U.S. can expect greater legal software sales in China, the top U.S. trade official said Wednesday.
Lawyer charged in investment scam
The lawyer for indicted former financial adviser Kenneth Starr was himself charged today for assisting in Starr's multi-million dollar fraud, the Securities and Exchange Commission said.
Gain Capital (Forex.com) goes public with IPO, price below range
Gain Capital Holdings, which operates retail foreign exchange broker FOREX.COM and other related services like contracts-for-difference trading, will debut on the New York Stock Exchange on Wednesday under the symbol GCAP.
Interview: Galileo Global Advisors CEO Georges Ugeux on investing in Asia
Galileo Global Advisors CEO Georges Ugeux speaks to IBTimes about investing in Asia outside the scope of public markets.
Top Pre-Market NASDAQ Losers (LTXC, BSFT, CISG, YRCW, HGSI)
The top pre-market NASDAQ stock market losers are: LTX-Credence, BroadSoft, Cninsure, YRC Worldwide, Human Genome Sciences, Celgene, Identive Group, Randgold Resources, Qiagen, and Corinthian Colleges.
U.S. military chiefs split on lifting gay ban
Top leaders of the U.S. armed forces agreed on Friday that if ordered to, they could implement a repeal of the Don't Ask, Don't Tell policy banning openly gay service members, although some recommended it not take place at this time.
FBI cracks down on insider trading, raids hedge funds in three states
The Federal Bureau of Investigation (FBI) stormed into offices of three large hedge funds in New York, Connecticut and Massachusetts and seized documents in a string of raids that is being billed as a crackdown on insider trading by hedge funds, mutual funds and investment bankers.
Motorola sets split-off date on Jan. 4
Motorola, Inc. (MOT) said it has reduced the time frame for its plan to separate handset and cable set-top box businesses Motorola Mobility Holdings, Inc. from the company to January next year.
Risk from 'don't ask' repeal low, says U.S. military report
A U.S. military report issued Tuesday found the risk of repealing the Don't Ask, Don't Tell policy to overall military effectiveness is low.
U.S. authorities capping colossal insider trading investigation
Federal prosecutors in New York, the FBI, and the SEC are capping a three-year colossal insider trader investigation involving expert networks.
Amid Mobile Concerns, Dell Reports Impressive Earnings
As Dell reports an impressive third quarter, questions remain regarding its mobile division.
Hedge funds load up on Apple in 3Q
Prominent hedge funds loaded up on Apple (NASDAQ:AAPL) shares in third quarter 2010, according to SEC 13F filings.
Could “crowd-sourcing” help resource-starved SEC detect fraud?
NERA Economic Consulting proposes using crowd-sourcing to help the resource-starved SEC catch fraud perpetrated by investment advisors.
The 2011 capital gains tax rate hike and its impact
The hike on individual long-term capital gains tax rate in 2011 may have interesting implications.