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Bill Gross Could Make Money For His Old Investors Before His New Ones

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In a twist of fate, the current and former shareholders of Pimco Total Return could end up the big winners.

Hamptons Mansions Pile Up On Market As Luxury-Home Sales Dip

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Sales of luxury homes in the area, known for its beachside mansions attracting financiers and celebrities, tumbled 16 percent in the third quarter.

Ferrari's First Family Locks Doors After Supercar Maker's IPO

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Now that Ferrari NV is a publicly traded company, two Italian auto dynasties are planning a pact to make sure it stays that way.

Chubb Investors Oppose $80 Million Golden Parachute For CEO

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Chubb Corp. shareholders opposed an $80 million golden parachute payment for CEO John Finnegan, who struck a deal to sell the insurer to Ace Ltd.

Sustainable Investing Is Booming, But Is It Smart?

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Mainstream investment firms are rushing into “sustainable investing,” also known as SRI and ESG.

The 2016 Audi A6 Would Be The Perfect Car For A Spy

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Drive Audi’s fourth-generation, $57,400 A6 around Anytown, USA, and no one will notice you.

Your Client Gets Offered A Ton Of Money; Should She Take It?

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More people are getting offered lump sums for their pensions, but they often aren't given enough information to make good decisions.

Mets Postseason Run Raising Fortunes Of Citi Field Bondholders

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The New York Mets swept their way into the franchise’s first World Series in 15 years, and Citi Field bondholders are cheering along with the team’s fans.

Franklin Resources Profit Declines 44% Amid Record Redemptions

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The manager of the $58 billion Templeton Global Bond Fund reported a worse-than-expected 44 percent drop in profit as the slump in emerging markets and energy eroded assets and prompted record...

Wall Streeters Lament Path Not Taken As Job Satisfaction Slides

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If they could do it all over again, almost a third of Wall Street traders and investment bankers in their prime would pick a different profession.

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