Wednesday 23 May 2018

Corvex, Icahn to mull bid for oil and gas producer Energen

Corvex, Icahn to mull bid for oil and gas producer Energen

BOSTON (Reuters) - Activist hedge fund manager Keith Meister and billionaire investor Carl Icahn said they may try to buy oil and gas producer Energen Corp , according to a regulatory filing made on Monday.

Norway's wealth fund voted in favor of Shell CEO pay, against climate targets

OSLO (Reuters) - Norway's $1 trillion sovereign wealth fund, the world's largest, voted against a motion presented at the annual general meeting of Royal Dutch Shell calling on the energy giant to set climate targets.

U.S. bank stock gains may stall after two-year rally

(Reuters) - After two years of sharp gains for U.S. bank stocks, investors betting on another big boost for 2018 may be disappointed unless loan growth accelerates or regulations slacken considerably.

Ackman says Pershing Square Holdings up 0.1 percent this year

BOSTON (Reuters) - Two days after billionaire investor William Ackman told clients that he was making money across all his funds again, he said on Thursday that his publicly traded Pershing Square Holdings Ltd portfolio was barely in the black so far this year.

Remedy for high drug costs: Let Medicare negotiate

CHICAGO (Reuters) - (The writer is a Reuters columnist. The opinions expressed are his own.)

Hedge fund Pagoda Asset Management shutting after four years -source

BOSTON (Reuters) - Hedge fund Pagoda Asset Management is shutting down at the end of the month, becoming the latest casualty in the $3.2 trillion industry after a period of sluggish returns, a source with knowledge of the move said on Thursday.

BlackRock may keep fees despite executive's U.S. campaign donation: SEC

NEW YORK (Reuters) - BlackRock Inc can keep fees from the state of Ohio despite a donation one of its top executives made to Governor John Kasich's U.S. presidential campaign, according to a preliminary ruling late on Friday by a securities regulator.

Cboe and BlackRock to launch corporate bond index futures

(Reuters) - Exchange operator Cboe Global Markets Inc said on Wednesday it has collaborated with the world's largest asset manager, BlackRock Inc, to develop U.S. corporate bond index futures.

Parents inch closer to college saving goals, study says

NEW YORK (Reuters) - When optimism and realism about college savings collide, you get parents who are confident that they will meet their goals - as long as they reduce the amount of money they save, that is.

Unmasked: Life lessons with actor Antonio Banderas

NEW YORK(Reuters) - (The writer is a Reuters contributor. The opinions expressed are his own.)

Related Videos

Bull market is still in the 6th inning, says Sandip Bhagat

Wall Street climbs on trade war truce

Looking for more?

Visit our business section for more deals, markets, legal and finance news.

Read more