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PUTNAM INVESTMENTS
AI rout exposes Wall Street's $270 billion speculation machineA recent tech sell-off exposed how modern speculation amplifies both rallies and reversals. Retail investors' enthusiasm for leveraged prod...- Wall Street Week Ahead: Maligned US real estate sector draws buyers eyeing rate cutsInvestors have been wading back into the sector. Global fund managers increased their exposure to REITs by 15 percentage points in December...
- George Putnam III tips to spot turnaround stocks for solid returnsAccording to Putnam, most investors chase the same stocks which are followed by hundreds of highly trained analysts and so it is hard to ou...
- How aviation pioneer Amelia Earhart’s son found his mother's flight cap which went missing in 1929The story of Earhart’s iconic helmet began as part of a 1928 marketing stunt in an office.
- S&P 500 ends off day's lows; Apple shares fall over 1%Keeping the market in check, shares of tech giant Apple Inc fell 1.2% after it forecast slowing revenue growth.
- Wall Street Week Ahead: Fed meeting looms for stocks as inflation worries collide with 'Goldilocks' marketsStocks have climbed steadily in recent weeks and now stand at fresh records, extending a rally that has seen the S&P 500 gain 13% this year...
- Biotech firm Ginkgo to merge with Harry Sloan-led SPAC in $15 billion dealThe deal with Soaring Eagle Acquisition Corp is expected to fetch $2.5 billion in proceeds for the combined entity, the companies said. Bai...
- Wall Street Week Ahead: Tech retakes market lead as investors eye yields, earningsTechnology has been the top-performing S&P 500 sector in April, rising 8% versus a 5% rise for the benchmark index. Big tech-related growth...
- QFE offloads 5% in Bharti Airtel in Rs9,600-crore bulk dealThe shares were bought by local insurers and mutual funds, global asset managers, and hedge funds.
- ET Awards 2015: Softbank CEO Nikesh Arora walks away with Global Indian awardOne of the jurors praised him for being an excellent mentor to entrepreneurs, spending long hours with teams of his investee companies.
- The surprising way Goldman Sachs employees maintain their 'competitive edge'According to Laura Young, VP of benefits and wellness at Goldman Sachs, resiliency differs from stress management in some important ways.
- Symphony focuses on new biz model for higher revenuesSymphony Services’ new CEO Pallab Chatterjee is transforming the company from just an offshored product developer for software firms to ser...
- Dubai World in talks with banks to restructure $26 billion of its debtDubai World began talks with banks to restructure $26 billion of debt, including $3.5 billion owed by property unit Nakheel, and said the r...
- Lehman reports its first-ever loss, net assets take $70-b hitLehman has lost more than 60% of its value on NYSE amid speculation that mortgage-related writedowns will continue to depress earnings.
- Ford rally silences sceptics of founding family's powerFord Motor’s rally, spurred by chief executive officer Alan Mulally’s recovery plan, may quiet critics demanding the founding family relinq...
- US regulators, lenders may opt for five-year freeze on subprime rateFederal regulators and US lenders are focusing on five years as the duration of an interest-rate freeze on subprime mortgages, said a perso...
- Joseph Lewis buys 7% in Bear StearnsJoseph Lewis, the British-born, Bahamas-based currency trader who has amassed holdings in companies including auctioneer Christie’s Interna...
- Top deck reshuffle at Fidelity clouds CEO succession planAn executive shake-up at Fidelity Investments brings two very different women to centre stage at the world’s biggest mutual fund manager, b...
- Cognizant founder raises $225 mn fundKumar Mahadeva, founder of US based software services company Cognizant Technologies, has raised a $225-million fund to invest in Indian co...
- KKR, Permira close in on German broadcasterKohlberg Kravis Roberts & Co and Permira Advisers are close to winning the auction for ProSiebenSat.1 Media, Germany’s biggest broadcaster,...
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