Betting on the U.S. election via the 'Trump ETF' Sep 30, 2016 03:32PM

By Trevor Hunnicutt

NEW YORK (Reuters) - An exchange-traded fund focused on Mexico has become a weather vane for Republican Donald Trump's chances winning the U.S. presidential election in November, investors said.

Mexico has been a prime target for Trump, who has accused the country of taking away jobs from Americans, focusing particular ire on a landmark 1990s trade agreement with the United States' southern neighbor and Canada. He has said... (continue reading...)


Fidelity Contrafund continues to slash stake in struggling Chipotle Sep 30, 2016 03:04PM

BOSTON (Reuters) - Fidelity's Contrafund , the largest mutual fund investor in Chipotle Mexican Grill Inc (NYSE: CMG), cut its stake in the struggling burrito chain by 19 percent in August, Fidelity disclosed on Friday.

Run by portfolio manager Will Danoff, Contrafund reported holding about 790,177 shares in Chipotle at the end of August. That was down from about 980,000 shares in the previous month, according to Fidelity fund disclosures.

... (continue reading...)


Man killed by police in Ohio was a suspect in earlier murder: police Sep 30, 2016 01:01PM

(Reuters) - A man fatally shot by police in Columbus, Ohio, on Friday was the suspect in a murder that occurred earlier in the day and was armed, police said in a statement.

The Columbus Division of Police said that Jacquarius Robinson, 20, was a suspect in the murder of Damion Dearius Wade, who was by found shot dead by police early on Friday morning.

According to witnesses, police said, Wade was killed after an argument with another man.

... (continue reading...)
SEC charges former Puma Biotech employee with insider trading Sep 29, 2016 04:08PM

By Suzanne Barlyn

WASHINGTON (Reuters) - A former executive for biopharmaceutical company Puma Biotechnology Inc was charged on Thursday by the top U.S. securities regulator and prosecutors with trading on inside information ahead of a company announcement about its breast cancer drug.

Robert Gadimian, former regulatory affairs director for Los Angeles-based Puma, pocketed more than $1.1 million by secretly trading on Puma stock based on... (continue reading...)


Boeing nears wide-body jet sale to Qatar Airways: sources Sep 29, 2016 01:57PM

(Reuters) - Boeing Co (NYSE: BA) is close to clinching a large sale of widebody jetliners to Qatar Airways, a deal that moved closer with the recent U.S. approval of Boeing fighter jet sales to the Gulf nation, according to two people familiar with the situation.

Qatar Airways is in the process of firming up the order, which it was due to have placed at July's Farnborough airshow, but which was delayed by the Qatari government in an effort to speed up... (continue reading...)


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