| NRG director wins strong shareholder support despite NYC opposition | | | BOSTON (Reuters) - A director at NRG Energy Inc was elected to its board with a strong margin of votes cast, a securities filing showed on Friday, overcoming concerns about his comments on climate change and the intentions of the activist investors who backed him at the New Jersey power company. |
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| Pimco shutters RAE Worldwide Fundamental Advantage PLUS Fund | | | NEW YORK (Reuters) - Pacific Investment Management Co on Friday liquidated its RAE Worldwide Fundamental Advantage PLUS Fund, a global-neutral fund which had more than $4 billion in assets under management in 2014, according to the Newport Beach, California-based firm's website. |
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| | | Goldman hopes high rates will lure consumers to online bank | | | (Reuters) - Goldman Sachs Group Inc plans to promote its high-interest bearing deposit products in a marketing push to consumers later this year as it looks to grow its online bank, Chief Strategy Officer Stephen Scherr said in an interview on Thursday. |
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| International stock funds attract $1.8 billion post-French election | | | NEW YORK (Reuters) - Investors ramped up their exposure to U.S.-based international-focused stock funds on relief that centrist Emmanuel Macron took the first round of voting in the French presidential election, reducing the prospect of an anti-establishment market shock. |
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