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CSX board to meet, but agenda uncertain

Miami Herald- CSX is resuming its annual meeting in Jacksonville, but it is uncertain what will be on the agenda. When the board met in June in New Orleans, it halted the meeting so it could continue...

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Fuel hedges could waste airlines’ money

Reuters UK – U.S. airlines are cheering a steep decline in the price of jet fuel since mid-July, when crude oil began a nearly $27-per-barrel descent, but that good news may come with a slight sting...

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Pimco’s Gross Says Harvard, Yale May Need to Alter Investments

Bloomberg – Yale University and Harvard University may have to cut investments in hedge funds and private equity because the risks of holding the hard-to-sell assets outweigh the returns, said Bill...

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Harvard seeks to manage more money internally: report

Reuters – Harvard University’s multibillion dollar endowment is adopting a strategy of selling off some holdings in hedge funds, private-equity firms and other money managers to bring more money under...

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Harvard Investments Lose 27.3%, Less Than Forecast

Bloomberg – Harvard University, the wealthiest U.S. school, said its investments fell 27.3 percent in the past year, a $10.1 billion loss that was smaller than President Drew Faust’s forecast in...

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