(Reuters) – Morgan Stanley has made a number of management changes within its fixed income division after promoting Sam Kellie-Smith to run the division in January.
(Reuters) – Two thirds of hedge funds create genuine value through contrarian strategies, choosing well among cheap and beaten-down stocks, according to a new study of their holdings.
NEW YORK (Reuters) – Investors in U.S.-based mutual funds pulled $6.2 billion out of funds that specialize in U.S. shares in the latest week, the biggest outflow in six weeks.
NEW YORK (Reuters) – U.S. regulators are likely to classify more oil and gas loans as high risk when they start a new bank portfolio review in early February due to the fall in crude…
NEW YORK (Reuters) – Foreign sovereign wealth funds are not automatically immune from U.S. lawsuits claiming that they defrauded investors into buying securities in the United States by making…
NEW YORK (Reuters) – Some U.S. football legends play their entire careers without getting close to acquiring a ring for winning the Super Bowl. Others like New England Patriots quarterback Tom Brady,…
Statoil has issued various construction contracts for three projects in the Norwegian North Sea with a combined value of around NOK1.6 billion ($184 million).
Six North Sea operators have awarded Subsea 7 a collective three-year frame agreement, with four one-year options.
CGG has won an extension to a 3D seismic survey it recently completed close to Colombia’s Caribbean coast, with operations due to start this month.
The semisubmersible Transocean Winner rig is drilling the A5 multi-lateral infill well at the Alvheim field in the Norwegian North Sea.