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NEW YORK, Oct 9- Bill Gross, in his first conference call and webcast since his shock departure from Pimco, told existing and potential clients on Thursday that there will be more flexibility in running less money at Janus Capital Group Inc.. "I think in terms of Janus Capital, like any successful marriage, we sort of chose each other," Gross said to Janus Chief...
BOSTON/ NEW YORK, Oct 7- Before hiring star bond fund manager Bill Gross last month, Janus Capital Group Inc Chief Executive Dick Weil took care to check with the bond chief he already had, Gibson Smith. The two will operate two distinct business units, with Gross operating out of a Newport Beach, California office, which Smith called " Janus West." Smith works from Janus...
BOSTON/ NEW YORK, Oct 3- Investors hope the Bond King can remake himself as a team player. Bill Gross last week abruptly left Newport Beach, California- based Pimco, the firm he built into a bond giant, to join Janus Capital Group, a small Denver firm that touts on its website how its friendly, team-oriented culture creates "strong collaborators." Kevin Mahn, who helps...
WASHINGTON, Oct 2- The U.S. Supreme Court on Thursday said it would consider whether a Muslim woman denied a job at an Abercrombie& Fitch Co clothing store because she wears a head scarf was required to specifically request a religious accommodation. The nine justices agreed to hear an appeal filed in the closely watched case by the U.S. Equal Employment...
NEW YORK/ BOSTON Sept. 30- Vanguard Group and BlackRock Inc could be prime destinations for hundreds of billions of dollars in assets that may flee Pimco in the wake of the sudden exit of Bill Gross, the celebrated "Bond King" of U.S. mutual funds.
*Allianz not planning closer Pimco oversight. FRANKFURT/ NEW YORK, Sept 29- Top executives of Pimco and its German parent, Allianz SE, scrambled on Monday to stem the outflow of money after the stunning exit of star bond manager Bill Gross last week, but even after months of internal strife Allianz said it plans to let Pimco continue to steer its own ship.
NEW YORK, Sept 27- For Bill Gross, quitting Pimco's $222 billion Total Return Fund to take over a $13 million fund at Janus Capital is like resigning the U.S. presidency to become city manager of Ashtabula, Ohio, population 18,800..
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.
Alibaba's long-awaited IPO is finally around the corner, making this a good time to take a look at just how an IPO works.
NEW YORK/ LOS ANGELES, Sept 4- U.S. fast-food workers staged protests in some 150 cities on Thursday in a fight for higher pay, and organizers said more than 450 were arrested from Manhattan's Times Square to Los Angeles. About 400 protesters clogged Times Square during morning rush hour in the latest of ongoing actions aimed at raising their wage to $15 an hour.
The pro football season is preparing to kick off, but one Las Vegas bookmaker has already picked the winner of Super Bowl XLIX.
A statute relied on by the banking regulator to bring this and similar cases on behalf of banks it seized "did not give the FDIC more time to bring claims that would otherwise have been lost," Stanton wrote.
--Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, Sept 1- In the high-stakes poker game being played between the Indonesian government and mining companies, it has come as a bit of a surprise that Jakarta appears to be playing the winning hand.
*Expects deal to add 18- 21 cents/ share to 2015 earnings. Aug 18- Sensors and electrical controls maker Sensata Technologies Holding NV said it would buy Schrader International to meet growing demand for sensors to monitor car-tire pressure.
Aug 18- Sensors and electrical controls maker Sensata Technologies Holding NV said it would buy Schrader group of companies for an enterprise value of $1 billion to benefit from a growing market for tire pressure monitoring sensors.
Aug 13- Wal-Mart Stores Inc, which has pledged to buy an additional $250 billion in U.S.-made goods over the next decade, is hitting a snag as it tries to meet that promise: Some vendors keen to participate in the initiative complain that after decades of offshoring it has become impossible to domestically source even commonplace components for their products.
NEW YORK, Aug 13- Investors who wish they were better at buying low and selling high actually have a tool that can force them to do just that. It's called "rebalancing"- the practice of regularly re-allocating a portfolio so the investments in it stay in their originally intended proportions.
DENVER, Aug 4- Colorado Governor John Hickenlooper said on Monday he has brokered a deal between environmentalists and the energy industry that could avoid two ballot initiatives that would have curtailed oil and gas drilling.
TORONTO, July 31- Shaw Communications Inc will pay $830 million to buy U.S. data center services provider ViaWest Inc, the Canadian media and cable company said on Thursday, in a deal aimed at bolstering its cloud computing credentials. Shares in Shaw slipped 2 percent to C $24.75 in morning trade on the Toronto Stock Exchange.
One vulnerability involves flaws in the way scores of manufacturers of Apple, Google Android and Blackberry devices, among others, have implemented an obscure industry standard that controls how everything from network connections to user identities are managed.