Tag: Fixed Income

  • Geoffrey the Giraffe Was Left for Dead. Now Hes on the Mend in a Childrens Hospital.

    Geoffrey the Giraffe has gone from the morgue to the hospital. Toys “R” Us, the toy retailer that’s liquidating in bankruptcy, found a New Jersey children’s hospital that was willing to take the 16-foot tall statue of the African mammal that stood in the lobby of its headquarters. The chain has held going-out-of business sales […]

  • Contreras-Sweet Reaches Agreement to Buy Weinstein Assets

    A group led by former Small Business Administration chief Maria Contreras-Sweet agreed to acquire assets of Weinstein Co., the film and TV company that went into a tailspin after its co-founder was accused of sexual misconduct. The deal represents the bulk of the business and will keep the company out of bankruptcy, according to a […]

  • $1 Trillion Fund Committed to U.K. No Matter What Brexit Outcome

    The world’s biggest sovereign wealth fund will continue to invest in the U.K. no matter what the outcome of Brexit talks. “We remain a long-term and committed investor in the U.K. in all asset classes,” Norges Bank Investment Management’s Chief Executive Officer Yngve Slyngstad said at a press conference in Oslo, where the fund is […]

  • Corporate America Has Amassed a Record Amount of Cash

    Corporate America has never been in better shape to put its cash hoard to use on everything from investment to acquisitions, share buybacks and dividends. Or just hold on to it. Non-financial companies’ liquid assets, which include foreign deposits, currency as well as money-market and mutual fund shares, reached a record of almost $2.3 trillion […]