Significant underperformance coupled with the exit of high-profile CEO Mohamed El-Erian caused Gross to re-evaluate the way he was running the firm.» Read More
The Fed has decided to leave its bond-buying program intact, and Pimco's Bill Gross discusses how it's affecting the economy.
CNBC's Seema Mody reports on Bill Gross' tweet about how Carl Icahn should be spending his time more like Bill Gates. David Goldman, head of Americas for Reorient Group, and Kenny Polcari, O'Neil Securities, weigh in on Icahn's philanthropic contributions.
Is Carl Icahn using his time and money wisely, and can he really affect change at Apple? The "Fast Money" traders share their opinions.
Oct 24- "Bond King" Bill Gross, co-chief investment officer of PIMCO, butted heads on Thursday with billionaire investor Carl Icahn, telling Icahn to leave Apple Inc alone after he again urged the iPhone maker to initiate a tender offer to buy back $150 billion of its shares.
Oct 24- Bill Gross, the co-chief investment officer at bond giant Pimco, lambasted billionaire investor Carl Icahn on Thursday for his involvement in Apple Inc's strategy, but he failed to elicit an equally biting response from the veteran activist. Gross said on Twitter: "Icahn should leave# Apple alone& spend more time like Bill Gates.
Oct 24- Billionaire investor Carl Icahn fired his latest salvo at Apple Inc Chief Executive Tim Cook on Thursday, urging the iPhone maker again to initiate a $150 billion buyback through a tender offer- but pledging to keep his own stock out of it.
Is Bill Gross picking a fight with Carl Icahn? The "Squawk on the Streets" crew discusses Bill Gross' tweet to the famed investor.
Oct 24- Billionaire investor Carl Icahn, in a public letter to Apple Inc. Chief Executive Tim Cook on Thursday, urged Apple to start an immediate tender offer of $150 billion.
Pimco founder Bill Gross warned Treasury investors that this type of gridlock is likely here to stay.
Bill Gross, Pimco founder and co-CIO, discusses debt, default and dysfunction in D.C. He says ratings services make news but seldom break new ground.
JPMorgan Chase announced Thursday that it has gotten out of soon-to-mature U.S. Treasurys ahead of a possible default by the government.
Pimco's Bill Gross forecasts market action if Janet Yellen becomes Fed Chair, and how investors should prepare their portfolios.
Pimco's Bill Gross shares his opinions U.S. debt, and what the administration can do to fix it.
Responding to news that Fidelity is selling short-term debt ahead of the looming debt ceiling, Pimco's Bill Gross says his firm is doing just the opposite.
"Street Signs" host Brian Sullivan got Bill Gross, Pimco, and Laurence Fink, BlackRock Inc., take on the debt ceiling and government shutdown.
CNBC anchor Brian Sullivan hosts an unedited and uncensored frank discussion with two titans of industry: PIMCO Founder and co-Chief Investment Officer Bill Gross, and BlackRock CEO Larry Fink. Presented by UCLA's Anderson School of Business, the two discuss the five secrets of their success and the three biggest challenges facing investors.
PIMCO co-CIO Bill Gross believes the odds of a U.S. default on October 17th is zero.
Happy Wednesday. Welcome, welcome to the machine.
In 2011, debate raged in the markets over whether the Fed would embark on a third round of massive bond purchases. Pimco wasn't waiting to find out.
Pimco's Bill Gross weighs in on today's stock rally following Larry Summers' announcement he is withdrawing from consideration for Fed chair. "Larry Summers was not a slam dunk nominee; Janet Yellen has always been the front runner," he says.