25 September, 2014 by The TZ Newswire Staff Comments Off on Hedge-Fund Reviews Find Misleading Marketing, SEC’s Bowden Says
Hedge-Fund Reviews Find Misleading Marketing, SEC’s Bowden Says
Some hedge funds misrepresent their performance in advertising and marketing materials and fail to follow their own procedures for valuing investments, a top U.S. Securities and Exchange Commission official said today.
25 September, 2014 by The TZ Newswire Staff Comments Off on Miss a payment? Good luck moving that car
Miss a payment? Good luck moving that car
Subprime lenders are increasingly relying on technology that allows them to track and disable delinquent borrowers’ vehicles.
25 September, 2014 by The TZ Newswire Staff Comments Off on Two Sigma’s Weisberger to Leave Hedge-Fund Firm After Five Years
Two Sigma’s Weisberger to Leave Hedge-Fund Firm After Five Years
Two Sigma Investments LLC, the $21 billion hedge-fund firm, said Dave Weisberger, who helped build its securities unit, is leaving after five years.
25 September, 2014 by The TZ Newswire Staff Comments Off on Apple’s Cook goes from record sales to iPhone stumbles
Apple’s Cook goes from record sales to iPhone stumbles
Apple Chief Executive Officer Tim Cook called the introduction of the iPhone 6 and 6 Plus over the weekend the “best launch ever.” He may have spoken too soon.
25 September, 2014 by The TZ Newswire Staff Comments Off on Don’t let good housing data fool you
Don’t let good housing data fool you
New home sales shot to their highest level since the financial crisis, but that may not be a reason to buy home builder stocks any time soon.
25 September, 2014 by The TZ Newswire Staff Comments Off on Which Big Companies Are Keeping Their Politics a Secret?
Which Big Companies Are Keeping Their Politics a Secret?
So far, more than $79 million in such outside money has been spent in the 20o14 election cycle, according to the Center for Responsive Politics. “We’ve had companies say to us that disclosure brings greater discipline in how they handle their campaign giving and how they handle their money,” he said.
25 September, 2014 by The TZ Newswire Staff Comments Off on Be worried if China shows bumper growth: Pro
Be worried if China shows bumper growth: Pro
Matthew Sutherland, Asia head of product management at Fidelity Worldwide Investment, says that China is now focusing on quality rather than quantity of growth.