Canada Hedge Fund's Trades Halted After Losses, Manager's Death
The sudden death of a Toronto-based hedge fund manager has prompted an investigation into tens of millions of dollars in losses that the fund appears to have…
Source: biztoc.com
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Asia Stocks Gain Before FOMC, Yen Rises on Warning: Markets Wrap
Shares in Asia traded broadly higher ahead of Wednesday’s Federal Reserve decision. The yen strengthened from near its weakest level this year after Japan’s…
Source: biztoc.com
US Futures Slip Before Fed's Likely 'Hawkish' Hold: Markets Wrap
US stock futures slipped and Treasuries edged higher ahead of the Federal Reserve interest-rate decision and the US government’s new borrowing plan. • None…
Source: biztoc.com
AMD's AI Optimism Helps Investors Look Past Tepid Forecast
Advanced Micro Devices Inc. said a new AI chip will generate $2 billion in sales next year, fueling optimism that demand for the component will offset a slump…
Source: biztoc.com
Ford's Return to Investment Grade Solidifies Era of Rising Stars
An upgrade of Ford Motor Co.’s credit rating to investment grade pulled $46.8 billion of debt out of junk bond indexes last month — helping to shrink a global…
Source: biztoc.com