Monthly Archives: February 2022
Hedge fund Standard General and PE firm Apollo to acquire TEGNA for USD5.4bn
(Hedgeweek) An affiliate of New York-based hedge fund Standard General and private equity firm Apollo Global Management are to acquire US broadcast and digital media company TEGNA for USD5.4 billion. To read this article:
The market has adjusted its views of how the Federal Reserve will raise interest rates
(CNBC) The Federal Reserve is expected to start raising interest rates next month and not slow down until well into 2023, though the slope of the increases might be a bit gentler. Events over the past week, including statements from […]
EBay stock sinks after the company gives disappointing guidance
(CNBC) Shares of eBay slid as much as 11% in extended trading Wednesday after the online marketplace posted its fourth-quarter earnings and gave guidance for the first quarter that fell short of Wall Street’s expectations. To read this article:
SEC Charges Director of Investor Relations with Insider Trading
(HedgeCo.Net) The Securities and Exchange Commission has charged John-Michael Havrilla, a former employee of medical device company PAVmed Inc., for insider trading in advance of the company’s April 2020 positive earnings announcement. To settle the charges against him, Havrilla agreed […]
Stock futures nudge higher after S&P 500 closes in correction
(CNBC) U.S. stock market futures were modestly higher in early morning trading Wednesday after the S&P 500 closed in correction territory amid escalating tensions between Russia and Ukraine. Futures contracts tied to the Dow Jones Industrial Average advanced 130 points. […]
Bitcoin plummets to two-week low as Russia sends troops into Ukraine:
(CNBC) Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. Click Picture to […]
Russia’s Ukraine incursion could complicate the Federal Reserve’s interest rate decisions
(CNBC) The stock market faces another turbulent week, as investors watch the situation in Ukraine and continue to adjust portfolios ahead of the Federal Reserve’s interest rate hikes. Stocks were rocked in both directions in the past week, with the […]
Fatburger parent’s stock craters after company discloses investigation into CEO
(CNBC) Shares of Fat Brands closed down nearly 23% on Tuesday after the parent of Fatburger and Johnny Rockets disclosed that its CEO has been under investigation for months. To read this article:
SS&C GlobeOp Forward Redemption Indicator at 1.79 per cent for February
(Hedgeweek) The SS&C GlobeOp Forward Redemption Indicator for February 2022 measured 1.79 per cent, up from 1.52 per cent in January. To read this article:
SEC Settles Charges Against Silicon Valley Insider Trading Ring
(HedgeCo.Net) A federal district court judge has entered final consent judgments against Nathaniel Brown and Benjamin Wylam, which concluded the Securities and Exchange Commission’s case against a Silicon Valley insider trading ring whose members generated nearly $1.7 million in illegal […]
Quant firm Engineers Gate attracts hedge fund attention
(Hedgeweek) Quant hedge fund Engineers Gate is in discussion with both Millennium Management and Point72 Asset Management over a possible acquisition of the business, according to a report by Bloomberg. To read this article:
Fintech VC funding in the Americas and Europe break records
(Opalesque) VC funding in the Americas more than doubles to record US$64.5 billion while Europe sees record-breaking VC investment even as M&A dries up. According to a KPMG report, total fintech investment in the Americas rose from US$83.5 billion in […]