Ever. Pfizer and allergan coming together in a 160 billion plus deal and shares of both companies are moving down. Allergan the single most favored stock owned by hedge funds. Its up 20 this year. What are the other names the smau socalled mart money likes right now . The smart money moniker depends on performance but in any case allergan was number one according to the quarterly roster that Goldman Sachs puts out based on quarterly filings followed in short order by big gainers like facebook and alphabet and amazon up 37 , 47 , and 127 respectively. It was a period in which hedge funds increased their net exposure to the tech sector to nearly 18 and cut their exposure to health care marginally according to goldman basing their findings on a sample of over 800 fundamentally driven stock funds. The troubled valeant pharmaceuticals, one of the most popular from the Second Quarter list, was actually dropped altogether in the Third Quarter and that, interestingly, was before allegations su
Service, im sorry, fidelity, but 50,000 which is i believe relatively small balance all in concert twice and product under 50 basis points. Can i jump in wax i think the best interest contract is simple. Its just a thing make promise to clients youre putting their best interest first, develop policies to make sure your monitor your employees and be accountable if you did not do that. This 400 pages of proposed regulation are proposed regulation. The department did not comport think this is the point and this is what we are doing. They invited extensive on every piece of the regulation and the exemption in the best interest contract. It was remarkable to me when working on this to see a much they dont have in common. Everyone is trying to get people to save more for retirement. The decisions are complicated. Its on us to manage our Retirement Savings. The goal here is for people to come forward from all sides all perspectives until the department how do you make this more workable . How
Major talk of parents, to respect policemen when Police Stopped them. I think it is very necessary for us to talk about parents while we talk about police. [indiscernible] host willy bringing up what we heard from the last couple of viewers, that there is a societal role here as well. If you want to look at more at the Marshall Projects work, you can go to the marshallproject. Org. You can follow them on twitter. Simone weichselbaum is a staff writer for them. Thank you for talking to the viewers about your work. Appreciate your time this morning. Guest thanks for having me. Host that does it for todays washington journal. We are going to bring you now to the Labor Department. They have recently called for new Consumer Protections. Jeffrey science is a keynote speaker today Jeffrey Zients is a keynote speaker today. He will be talking about regulation of retirement Financial Advisors. Live coverage here on cspan. [captions Copyright National cable satellite corp. 2015] [captioning perf
Billion. Both boards have approved the deal but they a face lengthy regulatory scrutiny. If it goes through, however, comcast will have sealed its dominance over the cable industry. It also potentially ends a battle by charter communications, the fourth largest cable operator, to take over t. W. C. I spoke with our senior west coast correspondent, jon erlichman, chief washington correspondent peter cook, as well as Bloomberg News reporter, alex sherman, about the deal and started by asking jon how it all came together. Charter had this great interest in doing this deal with Time Warner Cable. Time warner cable wanted them to pay more money. Charter was talking to comcast about the possibility of comcast acquiring some of the assets of Time Warner Cable and along the lines they decided comcast, its a better move to get bigger than everybody else and have control over marks like new york and los angeles and chicago, philadelphia, the d. C. Area. They truly are the biggest player in the c
Regulatory scrutiny. If it goes through, however, comcast will have sealed its dominance over the cable industry. It also potentially ends a battle by charter communications, the fourth largest cable operator, to take over t. W. C. I spoke with our senior west coast correspondent, jon erlichman, chief washington correspondent peter cook, as well as Bloomberg News reporter, alex sherman, about the deal and started by asking jon how it all came together. Charter had this great interest in doing this deal with Time Warner Cable. Time warner cable wanted them to pay more money. Charter was talking to comcast about the possibility of comcast acquiring some of the assets of Time Warner Cable and along the lines they decided comcast, its a better move to get bigger than everybody else and have control over marks like new york and los angeles and chicago, philadelphia, the d. C. Area. They truly are the biggest player in the cable business in the united states. Right. But is this deal going to