Category: Money

After-hours buzz: WFC, CRM, CREE & more

Don Emmert | AFP | Getty Images Tourists pose for a picture with the bull sculpture near Wall Street in New York, Check out which companies are making headlines after the bell: Shares of Salesforce slid more than 1 percent in extended trading after the company released its second-quarter earnings after the bell. The cloud…

Global funds expanding into massive Chinese investment market

As China’s financial markets mature, major non-Chinese financial firms increasingly want to open funds in the country and tap the multitrillion-dollar institutional investor market there. This summer, UBS Asset Management received a license for private fund management in mainland China, and BlackRock said it plans to set up its first private fund in the country.…