Monthly Archives: May 2007
Possible Interest by Private Equity, Hedge Funds in Uranium Miners?
StockInterview.com- Friday started off as a quiet, pre-holiday trading day for most uranium miners on StockInterview.com’s Uranium HQ. After all, this was the beginning of a long weekend before Canada celebrated Victoria Day on Monday. But just before Noon, investors […]
Hedge funds get attention on Hill
AP. Fort Wayne Journal Gazette- With Congress always looking for new ways to boost tax receipts and protect individual investors, it’s natural for hedge fund managers to worry that they have abull’s-eye on their chests – especially now that word […]
Now Its Hedge Fund vs. Hedge Fund
BusinessWeek- t’s no longer surprising when hedge funds do battle with a company’s management, agitating for everything from a board seat to the outright sale of the business. Shareholder activism isa staple investment strategy for a growing list of hedge […]
G8 Says Hedge Funds On Track
G8 finance ministers at the meeting to prepare a June 6-8 summit of leaders from the United States, Japan, Germany, Britain, France, Italy, Canada and Russia declared the global hedge fund economy on track for another year of bumper growth. […]
Hedge Fund Legislation Could Require Real Estate Fund Managers to Register with SEC
On May 15, 2007, Senator Chuck Grassley (R- Iowa), the ranking member of the United States Senate Committee on Finance, introduced legislation in the United States Senate which would requireinvestment advisers of most hedge funds and other private investment funds […]
Funds bet Motorola will recover
Bloomberg- Tudor Investment Corp. and Highfields Capital Management LP bought Motorola Inc. shares in recent months, betting the cell phone-maker will return to profitability and recoup lost market share. Tudor’s purchase of 46 million shares in the first quarter made […]
Hedge Funds Step Up Challenge to SEC on Disclosure
Reuters- Hedge funds and other investment firms have been busily filing quarterly public reports to regulators in recent weeks, offering rivals a window into top manager holdings that sometimes movesshares. But don’t look for any information from Bulldog Investors or […]
InfoUSA responds to Dolphin hedge fund attacks
DMNews.com- InfoUSA Inc. has issued a statement rebutting a series of attacks by hedge fund Dolphin Limited Partnership and Don Netter. Dolphin Limited Partnership and Dolphin Financial Partners, which together own two million shares, or 3.6 percent, of infoUSA, recently […]
Hedge funds may trip REpower deal
Economic Times- The competing takeover bids of Suzlon Energy and Areva of France for Germany’s REpower Systems are set to face difficulties with the hedge funds that own shares in the German company unlikely to sell to the two companies […]
Tudor and Highfields take big stakes in Motorola
Bloomberg- Tudor Investment and Highfields Capital Management bought Motorola shares in recent months, betting that the maker of mobile phones would return to profit and recoup lost market share. The purchase by the hedge funds of 46 million shares […]
Judge OKs $5M deal with NWA shareholders
Associated Press- Northwest Airlines overcame a major obstacle on its path to exiting bankruptcy Wednesday when a judge approved a settlement with a shareholder group that had opposed the carrier’s reorganization. Judge Allan Gropper approved the $5 million settlement at […]
Merrill’s Kim Joins Exodus of Trading Executives to Hedge Funds
Bloomberg- Dow Kim, the second-highest-paid executive at Merrill Lynch & Co., is resigning to form a hedge fund, the latest top manager to leave an investment bank for the higher pay of running an independent trading firm. Kim, 44, is […]