Tag Archives: oracle

Hedge funds back short selling ban

Sydney Morning Herald – The hedge fund industry says it supports federal government plans to ban naked short selling and impose a disclosure regime for covered short selling. The Australian arm of the Alternative Investment Management Association (AIMA) said the […]

BNP forks out $26b for Fortis units

Sydney Morning Herald – BNP Paribas SA, France’s biggest bank, agreed to take control of Fortis in Belgium and Luxembourg for 14.5 billion euros ($26 billion), completing a breakup of the lender after a government rescue failed. BNP Paribas will […]

Hedge fund calls top of cycle

Sydney Morning Herald- The ownership structure of some of Australia’s largest mining companies could be set for a major change after New York hedge fund Harbinger Capital Partners has indicated it believes commodities prices could be nearing their peak. Harbinger, […]

Transpacific blames hedge funds for shorting stock

Sydney Morning Herald- The waste management business Transpacific has attempted to snuff out concerns about its ability to service its $2.6 billion of debts, arguing that the market has failed to recognise its "incredible cash flow" and the value of […]

Vulnerable to viruses, damned by the hedge funds

Sydney Morning Herald- There should be no doubt in anyone’s mind that those aggressive funds we all love to hate were responsible for the massive fall in Babcock & Brown’s share price yesterday – a fall so large it prompted […]