Amazon.com, Caterpillar, McDonald's and GM are among the 50 odd companies reporting Thursday, making it the busiest day of the earnings season.» Read More
NEW YORK, April 29- Former Federal Reserve chairman Ben Bernanke is joining bond giant Pimco as a senior advisor, as the firm seeks to bolster its star power following the departure of co-founder Bill Gross. The move may be questioned by some competitors who had criticized the Fed during Bernanke's reign for being too close to Pimco, whose full name is Pacific...
The bond fund managed by Bill Gross saw inflows of $100 million in the most recent quarter, Janus Capital Group CEO Dick Weil tells CNBC.
NEW YORK, April 21- Bill Gross of Janus Capital Group Inc said on Tuesday that German 10- year Bunds were "the short of a lifetime" and that the trade could earn 10-15 percent over a period of one to two years. Gross was referring to investors George Soros and Stanley Druckenmiller, who made their names betting against the pound in 1992.. German 10- year Bund yields have...
Five years after launching, Jeff Gundlach and DoubleLine Capital are on top of the bond investing world.
The Los Angeles- based firm, whose co-founder Jeffrey Gundlach is renowned investor Bill Gross's fiercest rival in the bond market, said the DoubleLine Total Return Bond Fund, the firm's largest fund by total assets, also saw inflows in March. The DoubleLine Total Return Bond Fund, with $45.8 billion in assets under management, invests primarily in...
The stronger dollar is a net-positive for the U.S. economy and the stock market, former Pimco managing director Paul McCulley tells CNBC.
Two analysts told CNBC that they saw no traces of a stock bubble and even said that the market is undervalued at the moment.
NEW YORK, March 3- Pimco's top investment officer said on Tuesday that "late decision makers" are largely behind a rush of withdrawals from its flagship bond fund some five months after the departure of longtime manager Bill Gross, but the outflows should taper off before long. Ivasycn's comments came as the firm reported another $8.6 billion of outflows in...
Janus Capital's Bill Gross on Monday said the Nasdaq hitting 5,000 represents "a little bit of a bubble."
Ultra-easy central bank policies are about to come back to bite the economy, Gross said in his latest letter to investors.
Bill Gross associate Paul McCulley is stepping down as Pimco's chief economist and managing director.
Cash withdrawals totaled $150 billion from Pimco's U.S. open-end mutual funds in 2014. In January, investors pulled $11.6 billion from the Pimco Total Return Fund. 'said Mendel Melzer, chief investment officer for The Newport Group, a Heathrow, Florida- based consultant to institutional investors, including 400 retirement plans, with $21 billion in assets...
NEW YORK, Feb 5- The recent round of monetary stimulus from the Bank of Japan and the European Central Bank has increased the appeal of those regions' stocks versus their U.S. counterparts, said Ashwin Alankar, a top strategist at Janus Capital Group Inc.. Last month, the ECB decided to buy 60 billion euros a month to help a fragile euro zone economy, while the BoJ...
Investment guru Bill Gross projected that the Fed will raise rates this year, but that a cautious approach will ease the pain.
Some of Thursday's midday movers:
Denver asset manager Janus Capital Group said fourth-quarter profit rose 22 percent after hiring of star bond fund manager Bill Gross.
U.S. stock index futures signaled a higher open as all eyes were fixed on the ECB Mario Draghi, who is expected to announce a bond-buying program.
Value investor Mario Gabelli told CNBC he's buying stocks in these three financial institutions.
More than 60 percent of the money raised by Bill Gross for Janus Capital came from a Morgan Stanley wealth management office.
Some of Wednesday's midday movers: