Updated August 28 at 4:28pm
Investing
219 results total, viewing 41 - 50
Here’s something that puzzled me when I was the chief investment officer of New York City’s pension plan: Only 5 percent of the investment firms that managed the city’s $160 billion, and only 15 percent of the products the city invested in, were managed by women. The numbers plummeted when counting women of color or asset classes other than public equities. more
NEW YORK – Fitch Ratings last week assigned an “AA+” rating to two Massachusetts general-obligation bonds totaling nearly $680 million. The bonds, both issued in 2014, were scheduled to sell through negotiation last week. more
Argentina is in default again, but its latest predicament is far from your garden-variety sovereign debt crisis. This time South America’s second-largest economy has been tripped up not by new borrowing, but by a lawsuit from American hedge funds blocking settlements with bondholders over a 2001 default. more
Treasuries fell after a report showed existing home sales rose to their highest level in a year, indicating the U.S. economy is still improving amid slowing global growth. more
Ali...who? One company dominated the conversation about initial public offerings in the third quarter, and for good reason: Alibaba Group Holding Ltd. raised a record-breaking $25 billion in the U.S. this month. more
UnitedHealth Group Inc., the biggest U.S. health insurer, raised its full-year forecast after saying that profit gained in the second quarter, helped by its booming Optum technology and services unit. more
Textron Inc. reported increases in profit and revenue in the first quarter, again fueled by the acquisition of planemaker Beechcraft last year. more
For Omnicare Inc.’s potential suitors, even a $9.8 billion price tag could more than pay for itself. more
Brown University ranks 15th in the nation for return on investment over the 20 years following graduation, according to the 2015 PayScale College ROI Report. more
Webster Financial Corp. reported second-quarter earnings on Thursday, featuring a 9.8 percent boost in profit to $52.5 million, or 55 cents per diluted share, compared with $47.8 million, or 50 cents per diluted share, during the same year-ago period. more
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