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Bill Gross

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  • *Gross exits Pimco, joins Janus Capital; bond prices fall. News that Gross, a Pimco co-founder who managed the $222 billion Pimco Total Return Fund, will be joining Janus Capital Group pressured short- and intermediate-dated U.S. Shares of Janus Capital ended up 43 percent at $15.89, the stock's best one-day advance in its history.

  • *Pimco CIO Bill Gross joins Janus Capital. Treasuries prices dipped Friday on news that Pimco Chief Investment Officer Bill Gross is joining rival Janus Capital Group, which spurred concerns Pimco may have to sell Treasuries if investor redemptions at the firm increase.

  • A year of changes at Pimco     Friday, 26 Sep 2014 | 4:21 PM ET

    Following Bill Gross' decision to leave Pimco for Janus Capital, CNBC's Jane Wells takes a look at this year's leadership changes at the firm.

  • NEW YORK, Sept 26- Bill Gross' abrupt departure from Pimco, the giant bond firm that he co-founded more than four decades ago, was preceded by months of clashes between the star investor and the firm's executive committee that got progressively worse, according to sources familiar with the situation.

  • Future of fixed income     Friday, 26 Sep 2014 | 3:43 PM ET

    Joseph Sullivan, Legg Mason CEO, discusses how Bill Gross' departure from Pimco impacts the bond market.

  • Allianz leadership challenged as Pimco's Gross exits Friday, 26 Sep 2014 | 3:42 PM ET

    *Allianz shareholders call for stable leadership. *Contract of Allianz CEO, others up for renewal. FRANKFURT, Sept 26- German insurer Allianz suffered a humiliating blow on Friday with the resignation of renowned investor Bill Gross as leader of Pimco, the asset manager Allianz relies on for one fourth of its operating profit.

  • Bond world bombshell -- now what?     Friday, 26 Sep 2014 | 3:42 PM ET

    Pimco co-founder Bill Gross is leaving the firm for rival Janus Capital. CNBC's Sharon Epperson reports how this may impact individual investors.

  • NEW YORK, Sept 26- Bill Gross, the bond market's most renowned investor, quit Pimco for distant rival Janus Capital Group Inc on Friday, the day before he was expected to be fired from the huge investment firm he co-founded more than 40 years ago.

  • Retail investors should rethink Pimco: Trader Friday, 26 Sep 2014 | 3:32 PM ET

    Two traders differed on whether retail investors should exit Pimco after the sudden departure of bond guru Bill Gross.

  • BOSTON/ NEW YORK, Sept 26- Janus Capital Group shares surged 38 percent on Friday as investors bet that famed bond manager Bill Gross will bring his old star power to the small mutual fund company, even though his last months at Pimco were tainted by infighting and heavy investor outflows.

  • NEW YORK, Sept 26- Bill Gross's departure from investment firm Pimco could lead investors to pull hundreds of billions of dollars in assets from its parent company and invest them with Janus Capital Group, the rival firm that Gross is joining, a Morningstar analyst said Friday.

  • Bill Gross, who built Pimco into a $2 trillion asset manager and became one of the world's best-known bond investors, quit the firm he co-founded on Friday after his flagship fund suffered its 16th straight month of outflows and amid a Securities and Exchange Commission probe into whether one of his funds artificially inflated returns.

  • NEW YORK, Sept 26- Jeffrey Gundlach, who runs bond firm DoubleLine Capital, an investment firm that has been a major competitor of Pimco, told Reuters on Friday that he and Bill Gross met last week to discuss a possible role for Gross at DoubleLine.

  • NEW YORK/ LONDON, Sept 26- Gold fell on Friday as a dollar-driven rally encouraged by U.S. economic growth dimmed bullion's investment appeal, sending the metal's prices toward a key support level at $1,200 an ounce. Bullion posted its fourth consecutive weekly loss, its longest losing streak since April 2013, after the U.S.

  • Bill Gross & your 401k     Friday, 26 Sep 2014 | 2:11 PM ET

    CNBC's Sharon Epperson discusses what the departure of Bill Gross means for 401k holders and individual investors' retirement plans.

  • Deep bench at Pimco: Analyst     Friday, 26 Sep 2014 | 2:05 PM ET

    Morningstar is putting all Pimco funds under review. Michael Herbst, Morningstar fund analyst, weighs in on the exodus of Pimco's Bill Gross and says his firm is reassessing how they may execute their investment strategy.

  • Very bullish on Janus: Shareholder     Friday, 26 Sep 2014 | 2:00 PM ET

    Charles Bobrinskoy, Ariel Investments vice chairman, is the largest U.S. investor in Janus. Bobrinskoy says Bill Gross is the number one bond investor of his generation and expects him to bring a lot of assets to Janus.

  • NEW YORK, Sept 26- U.S. stocks were higher in afternoon trading on Friday, with major indexes staging a rebound from their biggest drop since July on the back of data showing the economy expanded in the second quarter.

  • Bill Gross, who built Pimco into a $2 trillion asset manager and became one of the world's best-known bond investors, quit the firm he co-founded on Friday after his flagship fund suffered its 16th straight month of outflows and amid a Securities and Exchange Commission probe into whether one of his funds artificially inflated returns.

  • Way to play Pimco holdings     Friday, 26 Sep 2014 | 1:08 PM ET

    Discussing the way to play the departure of Bill Gross from Pimco, with Jim Iuorio, TJM Institutional Services, and Jeff Kilburg, KKM Financial.