Nov 25- The U.S. Justice Department is investigating allegations that an employee of HSBC Holdings Plc leaked confidential client information to a major hedge fund, the Wall Street Journal reported, citing people with knowledge of the matter. The alleged leak is believed to have taken place in March 2010, when HSBC was advising British insurer Prudential Plc on...» Read More
July 21- Activist investor Elliott Management Corp has taken a $1 billion stake in EMC Corp and plans to push it to spin off virtualization software unit VMware Inc, the Wall Street Journal reported, citing people familiar with the matter.
Even as U.S. shale companies pursue mergers, analysts don't expect them to become echoes of Big Oil deals that eventually fell flat.
Hedge fund managers are expecting to deliver less than half of the returns for their investors in 2014 that they saw last year.
Valeant has complained to regulators that claims made by Allergan to counter a hostile takeover are misleading, sources have told CNBC.
BEIJING, July 21- Rattled by falling home prices, some of the wealthiest Chinese are paring their property investments and turning to private equity or overseas holiday homes, a sign of fading hopes that the once red-hot market can bounce back any time soon.
Herbalife is ramping up its rhetoric against arch-nemesis Bill Ackman.
Hedge funds piled into what seemed a one-way bet in early June, grabbing up oil contracts as the rapid advance of Islamist insurgents in northern Iraq threatened supplies from OPEC's second-largest producer at the same time that peak summer demand was approaching.
July 17- Standard General, a little-known hedge fund that has taken the reins of American Apparel Inc, has mapped out a recovery plan for the retailer with or without its ousted Chief Executive Officer Dov Charney. Consider its passive investment in RadioShack's stock, which has fallen about 69 percent this year.
Advanstar is working with investment banks Goldman Sachs Group and Moelis& Co to assist with efforts to find a buyer, the people said, asking not to be named because the matter is not public. Advanstar is controlled by hedge fund Anchorage Capital Group and private equity firms Ares Management LP and Veronis Suhler Stevenson.
With all eyes on the Malaysia Airlines crash in Ukraine—and markets swooning—many investors may wonder what, if anything, they should do.
Stan Druckenmiller said IBM's recent stock buybacks represent what's wrong with the economic recovery.
July 17- Standard General, a little-known hedge fund that has taken the reins of American Apparel, has mapped out a recovery plan for the retailer with or without its ousted Chief Executive Officer Dov Charney.
July 17- Casablanca Capital LP said two independent proxy firms have recommended that shareholders of Cliffs Natural Resources Inc vote in favor of the hedge fund's board nominees. Cliffs is locked in a proxy battle with New York- based hedge fund Casablanca, which owns 5.2 percent of Cliffs stock and accuses the company of destroying shareholder value.
The billionaire activist investors shared the stage during a surprise joint appearance at the Delivering Alpha conference.
NEW YORK, July 16- Billionaire investor John Paulson on Wednesday called Valeant Pharmaceuticals International Inc a "very serious acquirer" and predicted that Allergan Inc cannot rebuff the drug maker on its own.
Nelson Peltz hinted at a potential for a proxy contest at Pepsi, one of his hedge fund's holdings.
John Paulson, founder of hedge fund firm Paulson & Co., said corporate M&A activity "will continue for the foreseeable future."
Legendary hedge fund manager named two investors he thinks still have "guts" in making big market calls: George Soros and David Tepper.
Outgoing Harvard Management Company CEO Jane Mendillo, has no regrets about her tenure atop the largest American university endowment.
Billionaire investor Leon Cooperman gave 12 stock recommendations at the Delivering Alpha conference Wednesday.