(Marketwatch) You’re not going to see this again: Where you’ve actually got an economy that’s fine, and you’ve got a Fed pumping trillions of dollars in.’That’s Marc Lasry, hedge-fund manager and billionaire co-owner of the Milwaukee Bucks, explaining his stance […]

(CNBC) Companies struggling to get through the coronavirus slashed the amount of money they returned to shareholders through dividends in the second quarter. The net change in Q2 payouts, or the difference between increases and decreases, for all domestic common […]

(CNBC) Brooks Brothers files for bankruptcy as coronavirus claims another storied retail brand The coronavirus pandemic has now claimed one of the country’s oldest and most prestigious retailers. Brooks Brothers — pioneer of the polo and uniform of the polished […]

(CNBC) Futures contracts tied to the major U.S. stock indexes held steady during the overnight session Wednesday evening just hours after the Nasdaq Composite clinched its 25th record close for 2020. Dow Jones Industrial Average futures fell 27 points, implying […]

(CNBC) AMC Entertainment shares jumped as much as 21% after the close of regular trading on Tuesday following a story in the Wall Street Journal that the movie theater company is nearing a deal to avoid near-term bankruptcy. The Journal, […]

(Hedgeweek) Quantumrock, the German volatility-focused quantitative hedge fund manager, has seen returns soar in the first half of the year, with its flagship fund generating more than 36 per cent in the first half of 2020 following an eye-catching June […]

(Marketwatch) Warren Buffett once said that “diversification is protection against ignorance. It makes little sense if you know what you are doing.” The takeaway: Load up on what you know. Even if it’s a tech stock, apparently. A recent peek […]

(Opalesque) 2020 has been a good year for short-term CTAs. Société Générale’s Short-Term Traders Index – which monitors the daily performance of a portfolio of CTAs and global macro managers is up +2.98% year to date through June 30. The […]

(Hedgeweek) Hedge funds that built major short positions against UK supermarkets at the start of the coronavirus lockdown have seen their bets go awry as share prices in the sector remained resilient. To read this article:

(CNBC) The denim maker Levi Strauss & Co.’s sales fell 62% during its fiscal second quarter, the company announced Tuesday, as its online sales weren’t enough to make up for its stores being temporarily shut for roughly 10 weeks during […]

(CNBC) Walmart’s answer to Amazon Prime will launch this month, according to a report by Vox’s Recode.The big-box giant confirmed in February that it plans to roll out a subscription-based service called Walmart+, but it hasn’t revealed details or its […]

(CNBC) Deutsche Bank CEO Christian Sewing conceded his firm should never have taken accused child sex trafficker Jeffrey Epstein as a client in 2013, but said that it has since learned its lesson. While Epstein died in a Manhattan jail […]