Proxy advisory firm ISS favors vote for Third Point nominees at Campbell

Shareholder advisory firm Institutional Shareholder Services on Wednesday recommended that Campbell Soup Co investors elect all five of Third Point hedge fund's board nominees, giving a boost to the activist firm, which is fighting a high profile proxy battle with the company.

How U.S. seniors on Medicare can bridge the gap in dental insurance

During a recent visit to my dentist, we got talking about his frustrations with Medicare. “It’s amazing - they have managed to eliminate teeth from the human body.”

PG&E rout may be hitting hedge funds after raised bets before fire

Prominent hedge funds, including Baupost Group and Viking Global Investors, may be bearing the brunt of utility PG&E Corp's tumbling share price after raising bets on the utility in the months ahead of the Camp Fire, California's deadliest wildfire.

Berkshire invests in JPMorgan, Oracle as Buffett puts cash to work

Warren Buffett's Berkshire Hathaway Inc deepened its commitment to the U.S. financial industry, announcing a $4.02 billion stake in JPMorgan Chase & Co and new investments in PNC Financial Services Group Inc and Travelers Companies Inc, plus a stake in Oracle Corp.

Esplanade's Kravetz bullish on casinos, Apple; sees turbulence for discount stores

Strong U.S. consumer holiday spending will not boost retailers across the board but instead benefit winners like Apple Inc that have signature products, Esplanade Capital's Shawn Kravetz said at the Reuters Global Investment 2019 Outlook Summit in New York on Wednesday.

Ackman's Pershing Square exits Mondelez in favor of other bets

Billionaire investor William Ackman has turned his back on snack maker Mondelez International and put the money into potentially more lucrative bets, including global coffee company Starbucks and hotel operator Hilton Worldwide Holdings.

U.S. senators introduce bill to rein-in proxy advisers

Six U.S. senators on Wednesday introduced a bill that would require the U.S. securities watchdog to directly regulate firms such as Glass, Lewis & Co and Institutional Shareholder Services, which advise investors on how to vote in corporate elections.

How to make the most of your college tax breaks

All that tuition you pay has one silver lining: tax breaks.

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