Friday, 17 May 2019

Your money: Cosigning a student loan? Be prepared to pay

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Your money: Cosigning a student loan? Be prepared to pay

Is your college-bound child a good credit risk?

U.S.-based equity funds post $12.27 billion outflows amid U.S.-China trade tensions

Investors rattled by lingering trade tensions between the United States and China pulled $12.27 billion from U.S.-based equity funds in the week ended Wednesday, according to data released by Refinitiv's Lipper research service on Thursday.

Soros Fund Management increases stake in Tesla convertible bonds: filings

Billionaire George Soros' investment firm, Soros Fund Management Llc, raised its stake in Tesla Inc's convertible bonds due in 2021 by 17.5 million convertible bonds to 37.5 million convertible bonds as of the end of the first quarter, according to a filing with the U.S. Securities and Exchange Commission late Wednesday.

Big U.S. hedge funds regain ardor for FAANGs in first quarter: filings

Some of the biggest, highest-profile U.S. hedge fund investors and money managers fell back in love with FAANGs in the first quarter, according to regulatory filings released on Wednesday.

Buffett's Berkshire unveils $861 million Amazon stake

Warren Buffett's Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted to underestimating the online retailer and its Chief Executive Jeff Bezos.

Your money: Should you pay to stop phone spam?

If your phone log is anything like mine, the list of incoming scam calls makes it look like you work for the State Department: Sri Lanka, Lithuania, Russia, Bosnia, Benin, Croatia and Sierra Leone. And if you are anything like me, the thought that may cross your mind is: I would pay anything to make these calls stop.

Peltz's Trian Fund may push for changes at mutual fund Legg Mason

Nelson Peltzs' Trian Fund Management LP may push Legg Mason Inc. to implement changes to boost returns, a person familiar with the matter said on Tuesday, the second time in 10 years that Trian has targeted the mutual fund company.

U.S. growth would have contracted without trillions in government, consumer debt: Gundlach

U.S. growth appears to be based "exclusively" on government, corporate and mortgage debt and the economy would have contracted if the United States had not added trillions in debt, Jeffrey Gundlach, chief executive of DoubleLine Capital, said in an investor webcast on Tuesday.

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