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Below please find daily updates pertaining to the latest in financial, business, and tax news:
LONDON/BOSTON (Reuters) - Nine months into leading the world's biggest packaged food company, Nestle SA Chief Executive Mark Schneider got a tentative thumbs-up from a prominent investor, who... ...Fri, Oct 20, 2017
NEW YORK (Reuters) - Marc Faber, the markets prognosticator known as "Dr. Doom," has been dismissed from three more company boards after comments in his latest newsletter this week suggested the... ...Thu, Oct 19, 2017
BOSTON (Reuters) - Activist investor William Ackman, currently battling for board seats at Automatic Data Processing Inc , on Thursday said the human resource software company should buy rival... ...Fri, Oct 20, 2017
CHICAGO (Reuters) - Are unsuspecting seniors around the United States being scooped up without warning from their homes, placed in nursing homes and having their possessions taken away? ...Fri, Oct 20, 2017
BOSTON (Reuters) - Billionaire investor Daniel Loeb's hedge fund Third Point LLC bought a stake in Dover Corp during the third quarter and is urging the industrial conglomerate to sell off its energy... ...Thu, Oct 19, 2017
BOSTON (Reuters) - Fidelity Investments has cut exposure to red-hot emerging markets stocks in its age-based retirement funds while putting more money into Canadian stocks and U.S. government bonds. ...Thu, Oct 19, 2017
NEW YORK (Reuters) - U.S. fund investors regained an appetite for risk over the last week, rushing into U.S. and emerging-market stocks, according to data on Thursday from Lipper. ...Fri, Oct 20, 2017
(In ninth and 10th paragraphs, this Oct 19 story corrects to show earnings were higher than analysts' estimates on an adjusted basis.) ...Thu, Oct 19, 2017
NEW YORK (Reuters) - Companies are preparing for a future without a crucial lending benchmark, adding language to their leveraged loan documents that allow them to choose an alternative rate,... ...Wed, Oct 18, 2017
BOSTON (Reuters) - Billionaire investor Seth Klarman on Wednesday resisted calls for Puerto Rico's debt to be wiped out and said the island's residents will be better off in the long run if... ...