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The Latest Breaking News from Pimco

Best Bond Funds to Buy

The best bond funds provide income and stability for investors and are worthy additions to any well-balanced portfolio.

Kiplinger

German Insurer Allianz Agrees To $6B Fraud Settlement With US Authorities

German insurer Allianz SE (OTC:ALIZY) has agreed to a $6 billion settlement with U.S. authorities, the Financial Times reports. Allianz's investment arm will plead guilty to securities fraud after a scandal at its funds business left investors nursing billions of dollars worth of losses. The victims included teachers, clergy, bus drivers, and engineers,…

Benzinga

How the Inverted Yield Curve Could Impact the Market This Week

In last week's commentary we spoke about the big bounce of the S&P 500 (SPY) that got us back in the mix of all the key trend lines (50/100/200 day moving averages). And likely we would be stuck in a trading range around those levels for a while as investors…

StockNews.com

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Bear Market Warning? The Inverted Yield Curve

Few things scare investors more than the specter of an inverted yield curve as it so frequently points to a forthcoming recession and bear market. And yes, the average bear market in history has led to a 34% drop in the S&P 500 (SPY). That’s why it pays to review…

StockNews.com

Farfetch Agrees To Make ~$200M Investment In Neiman Marcus Group

Farfetch Ltd (NYSE:FTCH) has entered into a partnership and investment agreement with the luxury retailer Neiman Marcus Group (NMG). NMG is the parent of brands including Neiman Marcus and Bergdorf Goodman. The partnership will initially focus on re-platforming the Bergdorf Goodman website and mobile application to expand its global capabilities and services. Farfetch will also make a…

Benzinga

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