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PIMCO promotes five to MD

PIMCO has promoted Dr. Richard Clarida, David Fisher, Richard LeBrun, John W. Murray and Kimberley Stafford to managing directors. PIMCO, which is owned by Allianz S.E., is an investment management firm with offices in North America, Europe and Asia.

Drink coasters are shown for sale at the Monroe County Heritage Museum in Monroeville
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peHUB Second Opinion

In Second Opinion, Amazon is in talks to buy some RadoShack stores, the fear that keeps small business owners awake at night and Harper Lee, who wrote “To Kill a Mockingbird,” will publish her second novel in July

shutterstock_81825655
727 Views

peHUB First Read

First Read ushers in your Tuesday with news ISIS sympathizers hacked U.S. military Twitter feed, White House admits it should have sent a high-level official to Paris rally and a start-up got $30 mln to shake up the garbage industry.

Bill Gross, co-founder and co-chief investment officer of Pacific Investment Management Company (PIMCO), speaks at the Morningstar Investment Conference in Chicago
634 Views

peHUB Second Opinion

In Second Opinion, Spotify says it has 60 million users of whom 15 million pay for the service, LuluLemon looks like its succeeding in its turnaround and Bill Gross confirms that PIMCO fired him.

goat
617 Views

peHUB First Read

First Read kicks off your week with news that Actavis is close to a deal to acquire Allergen, Facebook is planning a rival for Microsoft Office and bitcoin firm Coinbase is raising funding at a $400 million valuation. 

shutterstock_129269810
554 Views

peHUB First Read

First Read rides the wave this morning with news Republicans have taken control of the Senate, Bruce Rauner was elected governor of Illinois and private equity firms send warnings to pension funds about keeping secrets.

cat with sunglasses
412 Views

peHUB Second Opinion

In Second Opinion, Warburg Pincus is already gearing up for its next fund, WhatsApp intends to launch voice calling services in Q1, Prudential Financial replaces Pimco as subadviser on a $6 bln fund and its National Cat Day.

shutterstock_175915895
555 Views

peHUB First Read

This morning’s read has news on J.C. Penney hiring a new CEO, Google’s leads a $500 million round for Magic Leap and North Korea’s leader finally reappears in public.

opera
448 Views

peHUB Second Opinion

In Second Opinion, business is the most popular major in college but leads to the least fulfilling jobs, America’s highest paid developers live in what state, JPMorgan denies that it was hacked for second time and Moody’s may downgrade the N.Y. Met Opera Association.

A BlackBerry Passport smartphone is shown at its official launching event in Toronto
487 Views

peHUB Second Opinion

In Second Opinion, Pimco’s executive management committee had been meeting for a week to oust Bill Gross, there have been 200,000 orders for Blackberry’s Passport since its launch Wednesday and Battlestar Galactica is leaving Netflix as of Oct. 1.

Apple CEO Tim Cook introduces the IOS 8 operating system during his keynote address at the Worldwide Developers Conference in San Francisco, California
454 Views

peHUB Second Opinion

In Second Opinion, Apple pulls its iOS 8.0.1 software update after it causes newer iPhones to crash, the dangers of upgrading your aging iPhone and Virgin Galactic won’t now make a commercial flight to space until early spring.

morningballoons
586 Views

peHUB First Read

To end your week, First Read has advice for interns from a group of tech luminaries, President Obama lashes out against inversions and SecondMarket founder Barry Silbert is stepping down as CEO to focus on bitcoin.

googleglass
438 Views

peHUB Second Opinion

In Second Opinion, Barclays is cutting hundreds of jobs this week, coders are going crazy over Apple’s new programming language and Myspace is blackmailing users with old photos to win them back.

golf
998 Views

peHUB First Read

As we move into a Masters weekend, First Read has news about top performing private equity shop Vista Equity, the potential beginning of a stock market crash and J.P. Morgan’s Blythe Masters is under investigation by federal regulators.

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