Coca-Cola shares jumped more than 4% after the company posted earnings and revenue that topped analyst expectations. United Technologies advanced nearly 2%.US Marketsread more
The IMF trims its economic growth forecast again as the U.S.-China trade war continues, Brexit worries linger and inflation remains muted.Economyread more
Citigroup thinks Tesla investors hoping for a post-earnings rally later this week should scrutinize a pair of related financial metrics.Investingread more
Olive branches were extended from both China and the U.S. as the two nations are set to restart face-to-face trade negotiations after a month-long truce.Marketsread more
In advance of Amazon's earnings report on Thursday, Craig Johnson says the stock chart is pointing to big gains. Mark Tepper also likes the stock.Trading Nationread more
Lawmakers, industry representatives and advocates are testifying to the Senate committee about the challenges that cannabis companies face in states where medical or...Health and Scienceread more
Coca-Cola topped Wall Street's expectations for earnings and revenue.Food & Beverageread more
New disclosures show Facebook and Amazon each spent more than $4 million on lobbying activity in the second quarter of 2019.Technologyread more
Boris Johnson, one of the biggest voices in the Brexit movement, wins the Conservative Party leadership race by a 2-1 margin.Europe Politicsread more
Disney can nearly double its earnings by 2024, Morgan Stanley said in a note to clients on Tuesday.Investingread more
Amazon is expected to report its second-quarter earnings on Thursday.Investingread more
On Monday, Pacific Investment Management said investors yanked another $5.6 billion from its flagship Pimco Total Return Fund last month, bringing its assets to $110.4 billion at the end of April. Cash withdrawals in April marked the fund's 24th consecutive month of net outflows.
By comparison, the Vanguard Total Bond Market Index Fund had $117.3 billion as of April 30, according to a Vanguard spokesman.
"We do not view this as an asset gathering horse race," said John S. Woerth, spokesman at the Valley Forge, Pennsylvania-based Vanguard Group. "It is, however, representative of the popularity of low-cost, broadly diversified index funds."
The Pimco Total Return Fund hit a peak of $292.9 billion in assets under management in April 2013.
The Pimco Total Return Fund delivered a net after fee return of 1.62 percent year-to-date through April, outperforming its benchmark by 38 basis points, Pimco said.
Read MoreJeff Gundlach vs.Bill Gross?
Gross, the legendary bond manager long known as the 'Bond King,' exited Pimco suddenly last September for smaller rival Janus Capital.
Pimco has seen about $130 billion of net withdrawals from its open-ended funds since Gross' departure even as performance has improved.
Outflows from the flagship Pimco Total Return Fund, which Gross managed since 1987, have slowed to an average of $7 billion to $8 billion a month recently from $23.5 billion in September.
Pimco, which oversees $1.59 trillion in assets as of March 31, announced last week that former Federal Reserve chairman Ben Bernanke was joining the Newport Beach, Calif.-based firm as a senior adviser, as Pimco seeks to bolster its star power following the departure of Gross.