Douglas Hodge News
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Pacific Investment Management Co. sees interest rates in Brazil staying near a record low for some time, providing momentum for the world’s biggest bond fund manager’s expansion in Latin America.
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With his blank expression framed by a stringy wig and an unflattering black ensemble that makes him appear slightly paunchy and derelict, Douglas Hodge brings to Broadway an unprecedented interpretation of the courtly Cyrano de Bergerac as frat boy, in a production that could be an episode of TV’s “Arrested Development.”
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Pacific Investment Management Co., which runs the world’s biggest bond fund, said it sold Treasuries on expectations a second round of debt purchases by the Federal Reserve will have limited impact.
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Gerhard Richter plays with chance in his “Strip Paintings” (2012).
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In a step toward more independence, Pacific Investment Management Co. is taking control of fund sales from parent Allianz SE after assets at the bond manager jumped sixfold since the takeover a decade ago.
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Stars (Katie Holmes, Al Pacino) and other bold-face names (Daddy Warbucks!) mingle with the unfamiliar as Broadway and off-Broadway kick into post-Labor Day high gear.
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Macy Gray and Linton Kwesi Johnson are the opening acts in a weekend-long celebration of African music and culture.
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Reliance Industries Ltd. , in selling 30-year bonds at yields lower than U.S. companies with comparable debt ratings, shows how investor perceptions of India’s corporations have turned around in two years.
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“ Memphis ,” a crowd-pleasing show costing roughly $12 million about a white disc jockey in the 1950s and a black female R&B singer he champions, won the Tony Award for top Broadway musical last night in New York.
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Banks are paying about 30 percent less interest on yuan-denominated debt sold in Hong Kong than they pay in Shanghai as faster currency appreciation fuels overseas demand for the securities.
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