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By Lisa Abramowicz, Miles Weiss and Christine Harper |
May 8, 2013
Hedge funds using debt-trading strategies are expanding at a record pace as they profit from risks big banks are no longer taking.
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By Christopher Palmeri, Bloomberg |
May 8, 2013
Walt Disney Co., the world’s largest entertainment company, said fiscal second-quarter profit rose 32%, beating analysts’ estimates as guests splurged at theme parks in California and Florida.
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By Jeff Kearns, Bloomberg |
May 7, 2013
U.S. banks urged the Federal Reserve to take the lead in defending the financial services industry from cyber attacks by working with federal counterterrorism, intelligence and law enforcement agencies, documents show.
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By Inyoung Hwang, Bloomberg |
May 6, 2013
Most U.S. stocks rose, as the Standard & Poor’s 500 Index extended its record level, following data last week that showed American employers added more workers than forecast in April.
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By John Gittelsohn, Bloomberg |
May 6, 2013
Six years after the start of the foreclosure crisis, American homeowners are paying their mortgages like the housing crash never happened.
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By Debarati Roy, Bloomberg |
May 6, 2013
Hedge funds increased positions on a gold rally by the most in three weeks as central banks signaled no end to economic stimulus, driving prices higher just as analysts and traders turned the most bearish in three years.
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By Charles Skorina |
May 6, 2013
Public universities endowment funds when compared to private Ivy league schools show some surprises: both good and bad.
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By Peter Burrows |
May 2, 2013
Apple Inc. avoided as much as $9.2 billion in taxes by financing part of a $55 billion stock buyback with debt rather than offshore cash.
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By Brian Womack, Bloomberg |
May 2, 2013
Facebook Inc.’s first-quarter sales topped estimates, a sign that Chief Executive Officer Mark Zuckerberg is making headway in a drive to make more money from mobile ads.
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By Charles Mead and Sarika Gangar, Bloomberg |
April 30, 2013
Apple Inc., the iPhone maker seeking to help finance a $100 billion capital reward for shareholders with borrowed money, may sell its first bonds in almost two decades as soon as today with a six-part offering.
