By Jonathan Stempel (Reuters) -Berkshire Hathaway on Wednesday said it has trimmed its huge stake in Apple and shed four common stock holdings, and kept investors guessing on what could be a major new[...]
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Morgan Stanley laying off hundreds in wealth management unit, source says
By Mehnaz Yasmin (Reuters) -Investment banking giant Morgan Stanley is planning to cut hundreds of jobs in its wealth management unit, according to a person familiar with the matter, the latest in a s[...]
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Burry’s Scion bets on Warner Brother Discovery, restaurant firms – filings
By David Randall NEW YORK (Reuters) – Hedge fund manager Michael Burry, known for his prescient calls ahead of the 2008 U.S. housing market crash, picked up shares of Warner Brothers Discovery i[...]
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Analysis-US banks, private equity firms compete to finance debt-backed deals
By Saeed Azhar and Tatiana Bautzer NEW YORK (Reuters) – Wall Street banks are raising billions of dollars to regain ground in lending to companies in debt-backed deals after giant private equity[...]
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Loeb’s Third Point to delve into private credit investing as a ‘complement’
By Svea Herbst-Bayliss (Reuters) – Hedge fund manager Daniel Loeb’s firm Third Point will invest in private credit this year as it bets on positive conditions for both credit and equity ma[...]
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You, Me and Our Money: A Valentine’s survival guide
By Chris Taylor NEW YORK (Reuters) – If you have a different money style than your partner – well, you are certainly not alone. In fact, more often than not, we end up partnered with someone who[...]
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Delaying Medicare sign-up can be a costly lifetime mistake
(This Feb. 8 column has been corrected to change the type of company to ‘an employer with fewer than 20 workers’ instead of ‘an employer with 20 or fewer workers,’ in paragraph[...]
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Exclusive-UAE wealth fund plans $4-5 billion in investments via India’s new finance hub – sources
By Jayshree P Upadhyay (Reuters) – Abu Dhabi Investment Authority (ADIA), the largest sovereign wealth fund in the United Arab Emirates (UAE), is setting up a $4-5 billion fund to invest in Indi[...]
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Blackstone, BNP Paribas team up over private debt fund for retail investors
PARIS (Reuters) – Blackstone, the world’s largest private equity firm, is partnering with BNP Paribas over a new fund financed by French individuals and aimed at investing in companies in[...]
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