Connect with us

Stock News

How investigators say a star fund manager illegally took $600 million from some clients and steered it to others

Published

on


Ken Leech, the star investor behind bond funds with $308 billion in assets under management, illegally steered hundreds of millions of dollars into ones held by preferred clients at the expense of funds held by less-favored customers, investigators say.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Stock News

Qualcomm’s interest in buying rival Intel is reportedly fading

Published

on


Semiconductor maker Qualcomm Inc.’s interest in acquiring rival Intel Corp. is souring, Bloomberg News reported Monday night.

Continue Reading

Stock News

A big investor says Sleep Number’s board can’t be trusted on this crucial matter

Published

on


After a long slump for Sleep Number Corp.’s stock price and weaker demand for its smart mattresses, one big investor, Stadium Capital Management, went public with its frustrations with the company on Monday, calling for a shakeup of its board and changes to what it said was a “flawed” search process for a new CEO.

Continue Reading

Stock News

Zoom’s results beat expectations, but stock slips

Published

on


Videoconferencing platform Zoom Video Communications Inc. on Monday offered up third-quarter results and an outlook that came in above Wall Street’s expectations, helped by growth in its key segment geared toward businesses.

Continue Reading

Trending