Ticker Talk
- Share via
Donaldson Lufkin & Jenrette on Wednesday said it plans to offer a new class of common stock that will track the performance of its DLJdirect online brokerage unit. . . . The Internet Fund, the top-performing U.S. mutual fund this year, is closing its virtual doors to new investors. It expects to reopen March 30 after a shareholder vote. The fund, which zoomed 198% last year and has returned 75% in 1999, could reopen if investors vote to increase the number of shares it can sell, said James Doyle, a lawyer for the Internet Fund.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.