Tag Archives: japanese-government


JGB futures fall towards 6-mth low on supply worries

Guardian Unlimited – Japanese government bond futures fell on Monday, edging back towards six-month lows hit earlier this month, with traders citing selling by hedge funds on the back of concerns about rising debt issuance. The Ministry of Finance said […]

Cost of protecting Japan govt debt hits record high

Forbes – The cost of protecting Japanese government debt against default has risen sharply as political uncertainty and worries about the nation’s fiscal position grew after data this week highlighted the depth of recession in the world’s second-biggest economy. But […]

CSX settles case over alleged fund violations

CNNMoney.com - Railroad CSX Corp. said Wednesday it has settled a case of alleged securities law violations with two activist shareholder hedge funds. If the settlement is approved by a federal court, CSX will receive $10 million from TCI, which manages […]

CSX Corp. Sue the Childrens Investment Fund

West Palm Beach (HedgeCo.net) - Transport company, CSX Corporation announced that it has joined in  a civil action brought by the plaintiff, shareholder Deborah Donoghue, in federal court in New York to recover so-called "short-swing" profits under Section 16(b) of the Securities Exchange […]

Shareholder Sues CSX, Hedge Funds Over Short-Swing

CNNMoney.com – A shareholder has sued CSX Corp. (CSX) and two hedge funds over sales of CSX shares before the funds publicly disclosed plans to shake up the railroad operator’s board in a proxy fight earlier this year. The lawsuit, […]

Shareholder Sues CSX, Claims Hedge Funds Were to Blame

New York (HedgeCo.Net) – CSX is finding themselves in the middle of another battle, this time with a shareholder who is suing the railroad company along with hedge funds TCI and 3G Capital Partners. Shareholder Deborah Donoghue is seeking the […]

CSX Third Quarter Profits Down, Ward Optimistic

New York (HedgeCo.Net) – Jacksonville-based CSX Corp’s profit fell 6.1 percent in the third quarter according to their regulatory filing yesterday, thanks to reduced freight in a sour U.S. economy.  This is the first time in the last five quarters […]

CSX loses fight to block hedge funds

Florida Times Union – CSX Corp.’s proxy fight with two hedge funds apparently ended Monday, after an appellate court turned down CSX’s attempt to block some of the funds’ votes for the company’s board of directors. CSX, which had already […]

Ruling: Hedge Funds Receive Their Rightful Seats on Board

New York (HedgeCo.Net) – Hedge fund TCI has won two more seats on the board of railroad operator CSX, in what looks to be the finale of a year-long proxy battle.  A U.S. Court of Appeals judge ruled yesterday in […]

CSX Concedes Two Board Seats to Hedge Funds

New York (HedgeCo.Net) – CSX looks to be cutting some slack to the two rebel hedge funds that have been on a quest to restructure their board of directors.  The railroad company said that it will give two seats to […]

TCI Hedge Fund Posts Biggest Monthly Loss in June, FT Reports

Bloomberg- The Children’s Investment Fund Management LLP, a London-based hedge fund, lost more than $1 billion in June, posting its biggest-ever monthly loss, the Financial Times reported. The five-year-old fund, also known as TCI, dropped 12.5 percent last month, topping […]

J-Power Wins Shareholder Vote on Payout, Defeats TCI

Bloomberg- J-Power shareholders defeated a proposal by U.K. hedge fund TCI for the company to double its dividend, ending a monthlong proxy battle and sending the stock to its biggest decline since February. Shareholders of Electric Power Development Co., the […]

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