Category Archives: Syndicated

Trump paid little to no federal income taxes over several years as he piled up losses and debt, NYT reports

(CNBC) President Donald Trump’s businesses have hemorrhaged hundreds of millions of dollars over the last two decades, allowing him to minimize his federal income tax bill to $0 or nearly $0 for many of the years in that period, according […]

Institutional investors eyeing buyouts and special situations strategies say a new survey

(Opalesque) Institutional investors remain highly engaged with private capital markets, even as the impact from COVID-19 lingers and the U.S. presidential election looms large, said a survey. According to a new survey from Eaton Partners, the strategies getting the most […]

Stock futures rise in overnight trading following a 4-week losing streak

(CNBC) Stock futures climbed in overnight trading on Sunday following a four-week losing streak on Wall Street. Futures on the Dow Jones Industrial Average rose about 100 points. The S&P 500 futures gained 0.3% and the Nasdaq 100 futures climbed […]

What stock-market investors will be watching for in first Trump-Biden debate

(Marketwatch) Nervous investors will be among what’s expected to be a record-breaking audience on Tuesday for the first debate between President Donald Trump But how they react is more likely to be driven by which candidate is perceived to come […]

Cineworld stays in hedge fund short sellers’ sights following steep first-half losses

(Hedgeweek) Cineworld, the beleaguered London-listed global cinema group long targeted by hedge fund short sellers, has been dealt a fresh blow as a result of the Covid-19 pandemic, reporting a USD1.6 billion first-half loss with revenues plummeting after theatres were […]

Market volatility expected to continue in the week ahead with Presidential debate and jobs report

(CNBC) Stock market volatility, with sharp ups, downs and reversals, is likely to be the norm again in the week ahead, as investors await Friday’s jobs report and watch headlines from Washington and the presidential debate. To read this article:

It’s too risky to put new money in stocks right now, Wells Fargo’s Chris Harvey warns

(CNBC) The man in charge of building investment strategy for Wells Fargo Securities won’t put new money to work in stocks right now. Christopher Harvey believes the market is too vulnerable to another correction and a 50% surge in volatility. […]

Hedge Funds Head for Florida With Taxes on Rich Rising Elsewhere

(Bloomberg) Chicago-based Balyasny Asset Management, with about $8 billion of assets, intends to open an outpost in Miami, according to people familiar with the matter, and Bluecrest Capital Management, which has operations in New York, opened a Miami office in […]

Dow futures rise more than 100 points as market tries to avoid losses for the week

(CNBC) U.S. stock futures rose slightly on Thursday evening as the market indexes tried to avoid a fourth consecutive week of losses. Futures for the Dow Jones Industrial Average gained about 110 points, or 0.5%. Contracts tied to the S&P 500 […]

Marble Ridge unit says Neiman Marcus can’t prove losses in bankruptcy litigation

(Reuters) Marble Ridge Capital Master Fund, a onetime unit of the hedge fund tied up in litigation with Neiman Marcus, is urging a bankruptcy judge to reject the luxury retailer’s request to effectively freeze some of the master fund’s money. […]

Banks and small businesses look to Congress to streamline PPP forgiveness

(CNBC) One of the main draws of the Paycheck Protection Program was the ability to have loans forgiven if the money was used as the law permitted — with 60% of the capital going to payroll and 40% to other […]

Billions flow into hedge funds in August, nearly 60% of funds see new money

(Opalesque) After a four-month string of asset outflows from hedge funds in March through June, hedge funds continued in asset-recovery mode in August, with investors adding $7.36 billion to the industry last month, according to the just-released August 2020 eVestment […]