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Top Ten: How a major mutual fund blew it and other money stories to read this weekend

2016-04-02 18:59:08| Biotech - Topix.net

Howard Schiller, the interim CEO of Valeant Pharmaceuticals International Inc. in January and February, appeared before the House Committee on Oversight and Government Reform on Feb. 4. long a darling among mutual funds, took a terrible hit from its heavy concentration in one stock, Valeant Pharmaceuticals International Inc. Here's how the fund and Valeant's stock have performed over the past year against the benchmark the S&P 500 Jaffe took a hard look at the dysfunctional management culture at Sequoia that led to such a risky bet and the fund's subsequent fall from grace.

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5 Best-Performing Real Estate Mutual Funds Of Q1 2016

2016-04-01 21:55:35| Real Estate - Topix.net

As the first quarter is drawing to a close, the housing industry remains firmer than what most believed. New residential construction was impressive in February, while rise in new single home sales indicated that there is momentum in the housing market.

Tags: real estate real estate funds

Underemployed workers take on Northwestern Mutual project

2016-03-26 11:03:28| Electronics - Topix.net

The construction of Northwestern Mutual's new skyscraper is offering men and women the opportunity to learn skills they can take to another job, subcontractors said. Loren Johnson is supervisor inside a plant where glass that will wrap the new building is made.

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Royce Pennsylvania Mutual Fund Annual Letter to Shareholders

2016-03-15 13:41:22| Auto Dealers - Topix.net

Royce Pennsylvania Mutual Fund fell 11.4% in 2015, compared to a decline of 4.4% for its smallcap benchmark, the Russell 2000 Index, for the same period. For the year-to-date period ended June 30, 2015, the Fund gained 0.1% versus 4.8% for the Russell 2000.

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