As regular readers are well aware, when it comes to "more than arms length" equity market intervention in New Normal markets, the New York Fed's preferred "intermediary" of choice to, how should one say, boost investor sentiment aka "protect from a plunge", is none other than Chicago HFT powerhouse, Citadel. Show More Summary
Tom Steyer the billionaire hedge fund manager turned enviro-political activist is spending big bucks to sway voters toward pro-climate-action democrats in the midterm elections this fall, but some are questioning the factual integrity of ads sponsored by Steyer’s super PAC NextGen. read more
Do you think its potential outweighs its risks?
See if you find the reasons to buy Facebook more compelling than the reasons to sell.
See if you think the potential outweighs the risk here.
Tom Steyer, the former hedge fund honcho who is now a billionaire focusing his energies on environmental activism, acknowledged on Thursday that he will spend $1 million to support Democrats in California in 2014 who fight for environmental causes as well as voter registration. Show More Summary
Hedge fund titan Bill Ackman, the CEO of $14 billion Pershing Square Capital, is sponsoring sixteen-year-old tennis phenom Francis Tiafoe. Tiafoe, a top ranked junior, won his first Grand Slam main draw match in doubles this week at the U.S. Show More Summary
Warren Buffett betrays America (SLTrib) It must have been a bitter moment for President Barack Obama when he got the news that his favorite economic guru not only doesn’t like paying taxes but hates America. Warren Buffett, whose eponymous rule was a staple of Obama’s 2012 re-election campaign, is underwriting Burger King Worldwide Inc (NYSE:BKW)’s […]
Pavle Sabic, financial risk manager at S&P Capital IQ, in an interview on CNBC discussed the stocks that hedge funds have been most bulish on. The top company is Allergan Inc. (NYSE:AGN), with total value of shares purchased by hedge funds amounting to $1.4 billion, followed closely by Apple Inc. (NASDAQ:AAPL), which shows no ambivalence, […]
By Shock Exchange: Picture: Carl Icahn. Source: tex.org Herbalife, Inc (NYSE:HLF) has been the subject of dueling masters of the universe - legendary investor Carl Icahn on the long side and hedge fund manager Bill Ackman on the short side. Show More Summary
Structured Portfolio Management has agreed to pay a $300,000 penalty to resolve the SEC's allegations of a compliance failure at that the Stamford, Ct., hedge fund firm that could have led to improper trade allocations.
It's the latest startup to attract hedge funds, mutual funds and other public-market investors moving into private deals.
Orbimed Advisors, led by Samuel Isaly, recently published its 13F filing with the U.S. Securities and Exchange Commission. For the second quarter of 2014, the hedge fund revealed 132 equity positions, worth $8.5 billion. Orbimed Advisors is a large health care fund investing in companies at various stages from venture capital to the public markets. […]
Manchester United Divides Hedge Funds’ Loyalties (WSJ) Some of Europe’s most powerful hedge fund managers are sharply divided on the outlook for English soccer club Manchester United PLC (NYSE:MANU) -0.17%, whose share price has declined recently along with its on-field performance. One of the most prominent to hold a negative bet is U.K.-based Odey Asset Management, […]
Would he go so far as to describe his fellow hedge fund manager’s business tactics as hostage situation-esque? Yes, yes he would. “Singer is holding poor countries as hostages,” Bass told the Buenos Aires Herald, referring to the recent...Show More Summary
By Shock Exchange: Picture: Hedge fund manager Bill Ackman. Source: Forbes.com Herbalife, Ltd (NYSE:HLF) and hedge fund manager, Bill Ackman, have been engaged in 2014's most bitter feud, with Ackman calling the company a massive fraud. Show More Summary
By Options Calling: Ann Inc. (NYSE:ANN) released its second quarter earnings report recently. Shortly after the report was released, activist investor Engine Capital and its hedge fund partner Red Alder pressured Ann Inc. to sell Ann...Show More Summary
By Tom Lydon: The notoriously illiquid junk bond market has experienced wide short-term swings as hedge funds execute broad bets with high-yield bond exchange traded funds. According to J.P. Morgan, hedge funds account for 30% of holdings...Show More Summary
The Best Investment Article Ever Written: The Winners of the World February 29, 2000... You want winners? You want me to put my Cramer Berkowitz hedge fund hat on and just discuss what my fund is buying today to try to make money tomorrow...Show More Summary
Becker Drapkin Management, managed by Matthew Drapkin and Steven R. Becker, has upped its position in Fuel Systems Solutions Inc. (NASDAQ:FSYS). The hedge fund holds 1.58 million shares of Fuel Systems Solutions Inc. (NASDAQ:FSYS), up from 1.30 million shares the fund held previously. The stake is equal to 7.9% of common stock outstanding. Fuel […]