Loan fund investors pull cash with Fed rate hikes on hold
NEW YORK (Reuters) - Retail investors yanked money out of bank loan funds in the latest week, breaking a nearly two-year streak of inflows, as the interest rate hikes buyers...
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Highly-leveraged U.S. loans continue unabated
NEW YORK (Reuters) - Banks keep underwriting highly leveraged loans for low-rated companies that are drawing U.S. regulators' attention, Thomson Reuters LPC data show, despite a looming review by the...
U.S. leveraged loan buyers undeterred by Fed, regulation
NEW YORK (Reuters) - The Federal Reserve's no-taper decision kicks interest rate hikes further down the road, yet investors still pour into U.S. leveraged loans to hedge duration risk and...
Sandy spending hopes drive rally for recovery companies
(Reuters) - Hurricane Sandy has caused tens of billions of dollars in damage up and down the U.S. East Coast, but the recovery and reconstruction spending that will follow could...
Hopes of post-Sandy spending drive rally for recovery companies
Hurricane Sandy has caused tens of billions of dollars in damage up and down the U.S. East Coast, but the recovery and reconstruction spending that will follow could pump an...
Sandy spending hopes drive rally for recovery companies
(Reuters) - Hurricane Sandy has caused tens of billions of dollars in damage up and down the U.S. East Coast, but the recovery and reconstruction spending that will follow could...
Hopes of post-Sandy spending drive rally for recovery companies
Hurricane Sandy has caused tens of billions of dollars in damage up and down the U.S. East Coast, but the recovery and reconstruction spending that will follow could pump an...
Travelers, cargo stranded as airports, rails assess damage
(Reuters) - As rail, transit, airline and port workers dug through debris, dealt with power outages and assessed damage on Tuesday from massive storm Sandy, it was increasingly clear that...
Travelers, cargo stranded as airports, rails assess damage
(Reuters) - As rail, transit, airline and port workers dug through debris, dealt with power outages and assessed damage on Tuesday from massive storm Sandy, it was increasingly clear that...
3M follows other big companies – reorganizes
(Reuters) - 3M Co said Wednesday it had restructured into five major business groups, down from six, and set up new roles for some of its senior executives. The realignment...