Tag Archives: porsche
Porsche offices raided in share probe
First Post – German prosecutors are investigating executives at the sportscar firm over allegations of share-manipulation. Porsche denied any disclosure irregularities but many hedge funds and investment management firms were left wrong-footed after it made a shock announcement that it […]
Hedge funds build up short bets on VW again
Reuters UK – Hedge funds have increased their bets on a fall in voting shares in Europe’s biggest carmaker Volkswagen, according to data on Tuesday, despite the heavy losses suffered by such funds last year. Hedge funds shorting VW were […]
Volkswagen hedges offset lower Porsche earnings
Guardian.co.uk – Big gains on derivative bets linked to Volkswagen shares offset a decline in nine-month earnings at Porsche SE’s core sports car business, the heavily indebted holding company said on Friday. Porsche, scrambling to shore up its tattered balance […]
