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Noble Group Warns That Loss for 2017 May Approach $5 Billion

Noble Group Ltd., the commodity trader that’s seeking to restructure its debt, said it expects to report a net loss of between $1.73 billion and $1.93 billion for the final quarter of last year, potentially bringing losses for all 2017 to almost $5 billion.For now, given talks with creditors and

Peter Thiel Had $244 Million Bet on Volatility Jump at Year-End

Read about how Thiel is ditching San Francisco for Los AngelesThiel was part of the crowd, with a $404 million bet against volatility as recently as the end of 2014, according to filings with the U.S. Securities and Exchange Commission. But the contrarian changed direction during last year’s second and

Inside the $700 Billion (and Growing) Bond-Bull Empire in Newark

A quartet of bond managers ensconced in a glistening tower in Newark, New Jersey, say historically low long-term Treasury yields are here to stay. And they’ve got a growing pile of money backing that view.For the crew at PGIM Fixed Income, there’s no bond bear market in sight -- though

Remington Is Planning to File for Bankruptcy

For two centuries, it has been a totem of America’s gun culture -- a name emblazoned on frontier flintlocks and U.S. Army .45s. But on Monday Remington Outdoor Co., which traces its history back to 1816, said it would file for bankruptcy protection, succumbing to a slump in business worsened by,

Hedge Funds’ Biggest Short in Bonds Faces Make-or-Break Moment

Hedge funds and other large speculators are more convinced than ever that the 2018 bond-market rout will resume in the days ahead.The group, known for trading on momentum, boosted short bets in 10-year Treasury futures to a record 939,351 contracts, according to Commodity Futures Trading Commission data through Feb. 6.

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