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Stock Market & Financial Investment News

News Breaks
January 25, 2013
06:36 EDTJNSJanus Capital downgraded to Underperform from Neutral at Credit Suisse
Credit Suisse downgraded Janus Capital due to weak relative fund performance, negative outflows, and product mix. Price target remains $8.
News For JNS From The Last 14 Days
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December 15, 2014
14:51 EDTJNSBill Gross: Fed will wait until 2% inflation or beyond before raising rates
Says Fed needs to consider market instability. Says price of oil does impact Fed rate decisions. Says sees U.S. economy slowing as oil price declines. Says expects U.S. economy to grow at 3% for another quarter and will then revert to approximately 2% growth. Says TIPS look great now. Says high-yield bonds not a "great bet" right now. Bill Gross is speaking on CNBC.
14:37 EDTJNSBill Gross: Description of prior management style at PIMCO 'unfair'
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14:11 EDTJNSJanus Capital CEO: Bill Gross asked to join the firm
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December 8, 2014
12:13 EDTJNSJanus fund had $1.2B of assets under management at end of November, WSJ reports
According to data released by Morningstar, the Janus Global Unconstrained Bond fund, Bill Gross's new mutual fund at Janus Capital, had $1.2B of assets under management at the end of November, The Wall Street Journal reports. The data shows that the pace of monthly inflows was the highest since Gross took over the fund. Reference Link

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