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Reuters Hot Stocks – Spoken Edition

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Reuters is your source for the latest hot stocks news. A SpokenEdition transforms written content into human-read audio you can listen to anywhere. It's perfect for times when you can't read - while driving, at the gym, doing chores, etc. Find more at www.spokenedition.com
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(Reuters) - Activist investor William Ackman, who placed a $1 billion bet in 2012 that Herbalife Ltd’s stock price would tumble to zero, said on Wednesday his firm has capped losses by closing out its short position in the nutrition and supplements company. Herbalife has been buying back shares and its stock price has soared some 50 percent this year, piling pressure on Ackman’s $10 billion hedge fund as paper losses mounted and the cost to borrow the shares rose.
NEW YORK (Reuters) - From multiple hurricanes to earthquakes, wildfires and refugee crises, it seems there was a new humanitarian crisis at every turn in 2017. At least one positive to come out of it: The many times people dipped into their own funds to help those in need.
WASHINGTON (Reuters) - U.S. House of Representatives Speaker Paul Ryan said on Wednesday that a sweeping Republican tax-cut plan is entering its toughest phase yet as lobbyists swarm Congress to try to protect valuable tax breaks. Urging lawmakers to move quickly on the plan, Ryan said in an interview with Reuters that speedy action would prevent the legislation getting bogged down and deliver sooner the economic growth that Republicans expect from it.
NEW YORK (Reuters) - The odds are in your favor that you will not end up using the disability or term life insurance you get through work any time soon. But you need it anyway – and more than you typically get for free. Despite insurance industry statistics that indicate that one in four 20-year-olds will be disabled before reaching retirement age, the averages are skewed by laborers with physically demanding jobs.
NEW YORK (Reuters) - Investors endured jolts to both stocks and bonds, pouring even more cash into funds tracking both markets during the latest week, according to Lipper data released on Thursday. U.S.-based stock funds pulled in $4.7 billion and taxable-bond funds attracted $3.7 billion during the week ended Oct. 25, according to the research service. Rates on U.S. government debt and U.S.
WASHINGTON (Reuters) - President Donald Trump and the U.S. House of Representatives’ top tax law writer reopened the door on Wednesday to changes in the 401(k) retirement savings program, just days after Trump seemed to rule out such a step under a broad Republican tax overhaul project. Trump told reporters he wants to protect the popular tax-deferred savings program, but said it was possible it could be part of congressional negotiations over tax cuts.
BOSTON (Reuters) - Hedge fund manager David Einhorn told investors on Tuesday that his Greenlight Capital made three new investments during the third quarter, including a new bet on chip maker Micron Technology Inc. Micron had weighed on Greenlight’s performance a few years ago and Greenlight exited the investment late in 2015. In this reunion, the fund bought the stock at $29.21, Einhorn said in his quarterly letter, which was seen by Reuters. The stock now trades at $41.57.
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 17, 2017. REUTERS/Brendan McDermid NEW YORK (Reuters) - U.S. fund investors regained an appetite for risk over the last week, rushing into U.S. and emerging-market stocks, according to data on Thursday from Lipper. Stock mutual funds and exchange-traded funds (ETFs) overall attracted $5.4 billion in the week ended Oct. 18, while emerging markets pulled in $2.
File Photo - American Express Chairman and CEO Kenneth Chenault gestures during the White House summit on cybersecurity and consumer protection in Palo Alto, California February 13, 2015. REUTERS/Robert Galbraith (Reuters) - American Express Co said its chairman and chief executive Kenneth Chenault would step down early next year, ending a nearly 17-year tenure at the helm of the No. 1 U.S. card issuer by spending. Chenault, 66, will be succeeded by Vice Chairman Stephen Squeri, 58, effective Feb.
NEW YORK (Reuters) - As you pick health insurance during open enrollment at work this fall, you will probably be spared the painful premium increases that shocked American families earlier this decade. The health insurance premium paid by employees per paycheck is typically up just 3 percent this year, according to the Kaiser Family Foundation. But, overall, health insurance costs have increased 55 percent since 2007, and employers are shifting more to their employees in other ways.
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 17, 2017. REUTERS/Brendan McDermid NEW YORK (Reuters) - U.S. fund investors stockpiled more cash abroad and in bonds during the latest week, Investment Company Institute data showed on Wednesday, resisting the temptation to chase further returns from a bull market that has lasted the better part of a decade.
FILE PHOTO: Singer and songwriter Jewel speaks during the SALT conference in Las Vegas, Nevada, U.S. May 18, 2017. REUTERS/Richard Brian/File Photo NEW YORK (Reuters) - Jewel’s rise in the music world from the Alaska frontier to first-name-only star is almost unbelievable: Girl endures an abusive environment, becomes homeless - and then not only survives, but reaches the pinnacle of her profession.
WASHINGTON (Reuters) - U.S. Senate Republicans on Monday gained crucial support for a vote on a budget resolution that is vital to President Donald Trump’s hopes of signing sweeping tax reform legislation into law before January. Two Republican lawmakers, once seen as potential ‘no’ votes, said they would likely support the measure. A third, Senator Rand Paul, may vote ‘yes’ depending on what the final resolution looks like.
FILE PHOTO - The ticker and logo for General Electric Co. is displayed on a screen at the post where it's traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S. on June 30, 2016. REUTERS/Brendan McDermid/File Photo (Reuters) - U.S. industrial conglomerate General Electric Co, which major shareholder Trian Fund Management has been pressuring to conduct a more thorough restructuring, appointed the hedge fund’s chief investment officer to its board on Monday.
NEW YORK (Reuters) - U.S. fund investors stopped resisting the festive mood in equity markets and joined the party, pouring cash into domestic stocks for the first time in six weeks, according to Lipper data on Thursday. Stock mutual and exchange-traded funds in the United States pulled in $2.9 billion in the week ended Oct. 11, the most since August, according to the research service. Of that, $425 million went to domestic stocks.
BOSTON (Reuters) - Baupost Group, one of the world’s biggest hedge funds, owns nearly $1 billion in Puerto Rican sales tax debt, a spokeswoman confirmed on Wednesday as the island’s debt tumbled in the wake of suggestions from President Donald Trump that it may be erased.
Messages and artwork are pictured on the top of the caps of graduating students during their graduation ceremony at UC San Diego in San Diego, California, U.S. June 17, 2017. REUTERS/Mike Blake NEW YORK (Reuters) - Want to increase your chance to get financial aid for college? File the Free Application for Federal Student Aid (FAFSA) by the end of 2017. “The sooner the better,” said financial aid expert Mark Kantrowitz, publisher at Cappex.com.
FILE PHOTO - Jordan Belfort, the financier convicted of fraud and the author of the book "The Wolf of Wall Street", arrives for the premiere of the film adaptation of his book in New York December 17, 2013. REUTERS/Lucas Jackson NEW YORK (Reuters) - Jordan Belfort inspired the feature film “The Wolf of Wall Street,” which starred Leonardo DiCaprio and portrayed the wealth and excesses that the head of former Long Island brokerage Stratton Oakmont enjoyed back in the 1990s.
Members of the U.S. House of Representatives are sworn in on the House floor on the first day of the new session of Congress at the U.S. Capitol in Washington, U.S. January 3, 2017. REUTERS/Jonathan Ernst NEW YORK (Reuters) - If you like the income tax reduction you get for your 401(k) contribution then make sure to max out now, because you may not get the chance in the future.
NEW YORK (Reuters) - Looking at the weather and other natural phenomena these days, it seems the only thing that has yet to occur is a plague of locusts. Hurricanes have devastated Texas, Florida, Puerto Rico and much of the Caribbean, leaving countless communities dealing with devastation, flooding and lack of power and basic necessities.
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