Thursday 30 January 2020

Seniors deal with the harsh reality of debt

Reuters.com Newsletter

Seniors deal with the harsh reality of debt

Allen Lomax knows how retirement is supposed to go: By your golden years, you should have paid off your house, built up a big pot of savings, and be able to face the years ahead without fear.

New York State pension fund puts 27 coal companies under review

New York state's top pension fund official said it was reviewing whether to divest from 27 coal companies and could make decisions on $98 million in holdings within two months.

Sovereign wealth funds move mainstream, make less contrarian bets

Sovereign wealth funds' investment moves are becoming more closely aligned with the global asset management industry as they mature, and their growing size makes it harder for them to make contrarian bets, a report showed.

Valaris settles with Luminus, hands board seat to hedge fund

Oil drilling firm Valaris PLC reached a settlement with Luminus Management and said on Monday that it has appointed one of the hedge fund's partners to its board.

To train more workers, companies turn to virtual reality

The future of employee training involves no embarrassing role-playing in front of new colleagues or boring web modules which take an hour each to click through.

Which company just hit $1 trillion? Google it.

As Google-parent Alphabet Inc became on Thursday the fourth U.S. company to top a market value of more than $1 trillion, some funds holding its shares are wondering whether now is the time to cash in on the stock's extraordinary gains.

'Green is good.' Is Wall Street's new motto sustainable?

If you have gone to Goldman Sachs Group Inc's internet home page since mid-December, it would be reasonable to wonder if you had stumbled into some kind of parallel universe.

Activist hedge funds stepped up calls for asset sales and spin-offs in 2019: data

Hedge funds that push for change at corporations stepped up their demands for asset spin-offs and sales last year, making them part of nearly half of all activist investor campaigns waged in 2019, according to data released on Wednesday.

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