PIMCO to Lose Billions on Gross’ Departure; Einstein Bros. Up 50%
September 29, 2014 at 17:06 PM EDT
Stocks fell slightly today amid protests in Hong Kong. The pro-democracy protests that are occurring in Hong Kong are scaring Wall Street investors. PIMCO will probably lose billions of dollars, around 10% to 30% of its assets, when founder and star manager, Bill Gross, leaves the investment firm. Gross announced last week that he was Read the full article... Read the rest of PIMCO to Lose Billions on Gross’ Departure; Einstein Bros. Up 50% at InvestorGuide.com .