RPT-U.S. hedge funds brace for worst year since financial crisis + MORE

[Buzz_Burner_Fresh_Updates] UK Osborne promises to fund infrastructure, poaches rival's policy – reuters.com MANCHESTER, England, Oct 5 (Reuters) – Finance minister George Osborne will launch a programme on Monday to spur infrastructure investment in Britain, poaching the policy from the left-wing opposition to stake the government’s claim to the centre ground. Continue Reading On reuters.com » […]

REFILE-U.S. hedge funds brace for worst year since financial crisis

[Buzz_Burner_Fresh_Updates] REFILE-U.S. hedge funds brace for worst year since financial crisis – reuters.com BOSTON, Oct 2 (Reuters) – U.S. hedge funds are bracing for their worst year since the 2008 financial crisis after a dramatic sell-off in healthcare and biotechnology stocks triggered double-digit losses for some prominent players last month. Continue Reading On reuters.com » […]

U.S. hedge funds brace for worst year since financial crisis

[Buzz_Burner_Fresh_Updates] U.S. hedge funds brace for worst year since financial crisis – reuters.com BOSTON, Oct 2 (Reuters) – U.S. hedge funds are bracing for their worst year since the 2008 financial crisis after a dramatic sell-off in healthcare and biotechnology stocks triggered double-digit losses for some prominent players last month. Continue Reading On reuters.com » […]

HTC's removal from blue chip index marks decline from smartphone innovator to also ran + MORE

[Buzz_Burner_Fresh_Updates] Zurich ditches RSA takeover after losses in general insurance – reuters.com ZURICH (Reuters) – Zurich Insurance Group AG abandoned its proposed 5.6 billion pound ($8.7 billion) bid for British insurer RSA Insurance Group PLC on Monday after forecasting a $200 million loss in its general insurance business due to explosions at the Chinese port […]

Apple's Cook reassures investors on China, stock boomerangs

[Buzz_Burner_Fresh_Updates] Apple's Cook reassures investors on China, stock boomerangs – reuters.com (Reuters) – Apple Inc’s Chief Executive Tim Cook took an unusual step of reassuring shareholders on Monday in comments to CNBC about the iPhone maker’s business in China ahead of a dramatic 13 percent drop and rebound in its stock that put it in […]