Tag Archives: quarter-profit


Hedge fund in talks with Target on board seats

Associated Press – Activist hedge fund manager William Ackman is in talks with Target Corp. about naming potential directors to the discount retailer’s board, according to a Securities and Exchange Commission filing on Thursday. Target shares gained 61 cents, or […]

Hedge Fund Manager Looking to Shake Up Target Board

New York (HedgeCo.Net) – Hedge fund manager William Ackman of Pershing Square Capital Management is in talks with discount retailer Target to nominate some potential members to their board of directors, according to a recent Securities and Exchange Commission filing. […]

MetLife Net Falls 12% on Losses From Hedge Funds, Real Estate

Bloomberg – MetLife Inc., the largest U.S. life insurer, said fourth-quarter profit declined 12 percent on losses from hedge funds and real estate ventures. Shares gained in extended trading as the company beat analysts’ estimates. Net income slipped to $985 […]

BNP forks out $26b for Fortis units

Sydney Morning Herald – BNP Paribas SA, France’s biggest bank, agreed to take control of Fortis in Belgium and Luxembourg for 14.5 billion euros ($26 billion), completing a breakup of the lender after a government rescue failed. BNP Paribas will […]

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