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30.03.2020

Colombia's ELN guerrillas declare unilateral cease-fire amid coronavirus

The National Liberation Army (ELN), the largest active guerrilla group in Colombia, will observe a unilateral cease-fire for one month from April 1 in an effort to help stem the spread of...
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27.03.2020

Hedge fund Fir Tree puts $410 million dislocation fund to work

After years of waiting and watching from afar, hedge fund Fir Tree Partners is spending $410 million from its dislocation funds on stocks, pockets of the credit market and other securities, sure the...
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27.03.2020

Your Money: The one document Americans need now - Power of attorney

If you live in the United States and really want to be prepared for coronavirus, experts say you need a fully executed power of attorney, which designates a trusted person to take over your finances...
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27.03.2020

Ackman says TV interview did not lead to profit on trades

Billionaire investor William Ackman said a CNBC television interview he gave last week was not designed to profit from any trades, dismissing some media speculation he had purposely pushed markets...
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27.03.2020

Column: How the $2 trillion U.S. coronavirus relief bill impacts retirement savers

The $2 trillion economic stimulus package racing toward passage in the U.S. Congress contains several important relief provisions for retirees, and for younger workers saving for retirement.
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26.03.2020

Settlement talks between First United, Driver Management break down

Talks between First United Corp and Driver Management to settle a fight for board seats at the bank holding company broke down when the activist investor rejected the offer, two sources familiar with...
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26.03.2020

U.S. cruise line company Lindblad names directors backed by ValueAct to its board

Lindblad Expeditions on Thursday said it named two independent directors backed by activist investment firm ValueAct Capital, which owns a nearly 10% stake in the adventure cruise company, to its...
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25.03.2020

Pay for cleaners, babysitters and dogwalkers hangs in the balance

Lily Reiche has lost nearly half of her dogwalking clients in Los Angeles because of California's coronavirus stay-at-home order. Of the 40 or so accounts at My Dog Spot, which dried up because...
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25.03.2020

New CEO pay limits loom as investors confront coronavirus crisis

The havoc wrought by the coronavirus crisis could give investors leverage to put new limits on CEO pay packages and link them more closely to a range of social and environmental issues at companies'...
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25.03.2020

White House not considering three-month tariff deferral: Navarro

The White House's top trade advisor denied on Tuesday that the Trump administration was considering a three-month deferral of tariff payments on imported goods to ease the pain of the economic...
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25.03.2020

BNY Mellon money fund gets capital infusion after 'shadow price' falls

A New Jersey municipal money-market fund run by BNY Mellon Corp needed an injection of $89,000 after the market value of the fund came under pressure, the bank disclosed on Tuesday in a U.S....
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24.03.2020

U.S. activist investors Land & Buildings, Engaged raise new capital: sources

Several investors who push management to perform better are trying to raise hundreds of millions of dollars in new cash to buy stakes in companies beaten down by a historic market selloff, four...
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24.03.2020

U.S. SEC warns against illegal trading during coronavirus disruption

The U.S. securities regulator on Monday warned corporate executives against insider trading during disruption caused by the coronavirus, in an unusual statement that underscores the chaos coursing...
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24.03.2020

Fed's money market move lifts Northern Trust fund above key threshold

Liquidity at a $2.2 billion prime money-market fund run by Northern Trust Corp fell below the key 30% U.S. regulatory threshold twice last week, but rebounded above that level after the U.S. Federal...
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23.03.2020

Some U.S. wealth advisers tell clients to stay put as markets fall

The deepest U.S. stock market sell-off since the 2008 financial crisis is prompting some financial advisers to tell wealthy clients to hold steady or even increase their equity exposure if they have...
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20.03.2020

Your Money - Separation anxiety: Divorce, money and coronavirus

The first few days of staying at home for coronavirus seclusion with my two kids were chaotic, stressful and scary, much like they were for everyone else.
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19.03.2020

Your Money: Coronavirus fears shake Yale economist Robert Shiller

In scary times like these, it is comforting to talk to someone who has seen and studied a lot of things – booms, busts, and everything in between.
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19.03.2020

Your Money: Now is not the time to stop saving for retirement

When you see soda on sale at the supermarket, do you run screaming into the parking lot in a panic? Or do you buy six?
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19.03.2020

Prime money-market funds could slow redemptions as they bleed assets

U.S. prime money-market funds have lost more than 10% of their assets and the prospect of funds slowing customer redemptions is rising amid unprecedented market turmoil, top credit-rating agency...
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19.03.2020

Investor Ackman tweets to Trump: Close down the country

Billionaire investor William Ackman, who has long worried about risks posed by the coronavirus, called on the Trump administration on Wednesday to seal off the country for 30 days and said stocks...
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