Monthly Archives: July 2017

(The Business Insider) The prices of several big-name Nasdaq-listed stocks appeared on some websites to either spike or plummet well after the closing bell on Monday, seemingly due to a glitch related to the market data that runs the largely […]

(Reuters) Activist investor Jana Partners LLC disclosed a 5.8 percent stake in natural gas producer EQT Corp on Monday and urged the company to abandon its $6.7 billion buyout of rival Rice Energy Inc. The move, which threatens to scuttle […]

(Harvest) For the past five years, Legg Mason’s groundbreaking survey has provided you with invaluable insight into investors’ motivations, biases and the complex, ever-evolving landscape they must navigate. Is the shadow of the global financial crisis still dimming investor optimism? […]

(Bloomberg) Rite Aid Corp.’s merger with Walgreens Boots Alliance Inc. has gone up in flames, burning some hedge funds in the process. Walgreens announced last week that it would scrap the takeover of the drugstore rival after a host of […]

(Bloomberg) In late March, a headline flashed across the Bloomberg terminal: Renaissance Technologies holds 5.43 percent of CyberStep Inc. It turned out to be one smart bet. The Tokyo-based developer of online games, which few outside the industry would have […]

(The Business Insider) A credit trader at the London office of Eric Mindich’s $7 billion New York hedge fund, Eton Park, which said about three months ago that it was shutting down, is looking to open his own firm, three […]

(FINalternatives) Digital currency investment specialist Pantera Capital is launching a new hedge fund that will focus on investments into the initial coin offerings (ICOs) of start-up companies working in the blockchain space. To read this article

(Bloomberg) Asian stocks fell, paring their best start to the year since 2009, with technology shares leading declines amid heightened volatility. The MSCI Asia Pacific Index dropped 0.6 percent to 4:08 p.m. in Hong Kong, paring its advance so far […]

(Reuters) Billionaire investor William Ackman, one of the hedge fund industry’s most voluble managers with opinions ranging from how companies should be run to the dangers of sugary drinks, just got himself an even bigger megaphone: a Twitter account. Using […]

(Reuters) France will set up a special court to handle English-law cases for financial contracts after Britain leaves the European Union, Finance Minister Bruno Le Maire said on Thursday as Paris steps up its charm offensive to attract banks. In […]

(FINalternatives) Alternative asset manager Owl Rock has teamed with the Regents of the University of California to form a new strategic loan fund as part of the company’s middle-market direct lending efforts. The two firms have each ponied up an […]