NEW YORK (Reuters) – Active mutual fund managers are decreasing the use of passive exchange-traded funds in their portfolios, a shift that leaves more of their performance numbers up to their own…Read More
(Reuters) – U.S. investment bank Jefferies Group LLC’s third-quarter profit more than doubled as it earned more from advising on debt and equity offerings as well as mergers and acquisitions.
WASHINGTON (Reuters) – A consumer watchdog agency could have levied $10 billion in penalties against Wells Fargo & Co last year for opening unauthorized customer accounts, but settled for a fraction…
BOSTON (Reuters) – Harvard University, which has been retooling the way it invests its $37.1 billion endowment, reported an investment gain on Tuesday but its investment chief called it…
BOSTON (Reuters) – Vanguard Group needs its hands-off investor base to pay attention.
NEW YORK (Reuters) – David Stemerman is winding down his hedge fund firm to explore a run for governor of Connecticut, according to a letter sent to clients of Conatus Capital Management LP on…
Aibel has completed assembly of the three modules for the Johan Sverdrup drilling platform in Klosterfjorden, Norway.
Petrobras’ oil and gas production last month totaled 2.72 MMboe.
Baker Hughes, a GE company and Yokogawa Electric subsidiary KBC are teaming up to provide a combination of process simulation, asset performance management, and operational software solutions to the oil and gas industry.
Wintershall has permission from Norway’s Petroleum Safety Authority to drill a deepwater exploration well in production license 894 in the Norwegian Sea.