TCW Group Inc

E-Commerce China Dangdang Inc. (NYSE: DANG) shares are dropping 7% today, despite TCW Group filing a 4.8% stake in the company. Dangdang is known as the "Chinese Amazon." The company recently reported earnings of 3 cents per share on revenues of $107.7 million, which beat Wall Street estimates....

According to a report by Bloomberg, TCW Group Inc, Los Angeles based unit of Societe Generale (OTC: SCGLY) has sued its ex investment chief Jeffrey Gundlach and three other ex employees after more than half of TCW’s fixed income professionals joined Gundlach’s new firm. TCW has sought $200 million...