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Jefferies Revises Models and Price Targets on Life Science Tools, Diagnostics and Dental Companies

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Hedge fund Tudor Investment lays off 15 percent of staff: source

August 16, 2016 3:35 PM EDT

BOSTON (Reuters) - Billionaire hedge fund manager Paul Tudor Jones on Tuesday laid off roughly five dozen employees, or about 15 percent of his workforce, a person familiar with the moves said on Tuesday, in the wake of poor returns and investor redemptions.

The cuts were made across the board at Tudor Investment Corp, which oversees roughly... More

Two Fed rate hikes 'conceivable' in 2016, September in play: Lockhart

August 16, 2016 1:53 PM EDT

KNOXVILLE, Tenn. (Reuters) - The U.S. Federal Reserve could still raise interest rates twice this year, with a move in September a possibility, Atlanta Fed President Dennis Lockhart said on Tuesday.

"I would not rule out September. If the meeting were today, I think the economic data... More