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  • The company, controlled by hedge fund manager Eddie Lampert, said quarterly revenue fell 9.7 percent, reflecting the impact of the separation of its Lands' End clothing business, store closures and sales declines at Sears Canada Inc..

  • Sears 2Q loss widens on sluggish sales Thursday, 21 Aug 2014 | 6:37 AM ET

    HOFFMAN ESTATES, Ill.— Sears Holdings Inc. recorded a hefty second-quarter loss Thursday on another sales slump, raising more concerns about the future of a company that once was a staple of American shopping. Sears, controlled by billionaire hedge fund investor Edward Lampert, lost $573 million, or $5.39 per share, for the period ended Aug. 2.

  • Are you rich enough to be a hedge fund investor? Wednesday, 20 Aug 2014 | 1:09 PM ET

    A lot more money might be required to invest in private funds given new rules under consideration at the SEC.

  • LONDON, Aug 20- Commodity hedge fund Krom River is determined to stay the course in uncertain conditions despite a hefty sectoral slide, hoping for fresh inflows from investors fearing a retreat in equities.

  • UPDATE 1-Sears Canada reports loss, revenue slides 12 pct Wednesday, 20 Aug 2014 | 8:08 AM ET

    Aug 20- Struggling department store chain Sears Canada Inc reported its ninth loss in 14 quarters as sales continued to decline. Hedge fund billionaire Eddie Lampert and his Sears Holdings Corp said in May they were looking to sell their 51 percent stake in Sears Canada.

  • PetSmart to consider selling itself Tuesday, 19 Aug 2014 | 6:39 PM ET

    Bowing to pressure from investors, PetSmart Inc. said Tuesday that it is considering putting itself up for sale. Investment firm Longview Asset Management and hedge fund Jana Partners have both called on PetSmart to sell itself, a move they say would benefit shareholders.

  • ISDA delays Argentina CDS auction until September Tuesday, 19 Aug 2014 | 5:16 PM ET

    ISDA's 15-member determinations committee voted unanimously Tuesday to postpone the auction until at least after Sept. 2.

  • California environmentalist shakes up Florida race Tuesday, 19 Aug 2014 | 2:28 PM ET

    TALLAHASSEE, Fla.— A California billionaire environmentalist is pouring millions of dollars into the Florida governor's race to buy television ads attacking Gov. Former hedge fund manager Tom Steyer has put both Scott and the Florida Republican Party on the defensive, prompting them to hit back with their own ads attacking Steyer as a hypocrite.

  • Hedge funds love…Carl Icahn and Bill Ackman? Monday, 18 Aug 2014 | 1:48 PM ET
    Bill Ackman and Carl Icahn

    Investment managers love bets made by both billionaire activists, according to a new analysis of top hedge fund stock positions.

  • BOSTON, Aug 18- Thomas Conheeney, who was president of Steven A. Cohen's SAC Capital Advisors during the years the hedge fund was being investigated for insider trading, has stepped down from the position at successor organization Point72 Asset Management, Point72 said on Monday.

  • BOSTON, Aug 18- Thomas Conheeney, who was president of Steven A. Cohen's SAC Capital Advisors during the years the hedge fund was being investigated for insider trading, has stepped down and left successor organization Point72 Asset Management, it said on Monday.

  • Cohen deputy stepping down at Point72     Monday, 18 Aug 2014 | 9:11 AM ET

    Tom Conheeney is stepping down today as Point72 Asset Management president. CNBC's Kate Kelly reports Conheeney will stay on as an advisor until the end of the year.

  • Steve Cohen is losing his top lieutenant Monday, 18 Aug 2014 | 9:09 AM ET
    Steven A. Cohen

    Tom Conheeney, the longtime president of SAC Capital, is stepping down from the No. 2 spot at the former hedge fund's successor company, Point72.

  • *Spot rate and c.bank guidance rate rarely trade together. SHANGHAI/ HONG KONG, Aug 18- China's central bank and currency traders have found rare consensus on the yuan's value after months of widely divergent pricing, but analysts are divided about whether the current accord signifies a genuine relaxation of control by Beijing.

  • Next fight for hedge funds     Friday, 15 Aug 2014 | 1:07 PM ET

    CNBC's Kate Kelly explains why Puerto Rico is the next big battleground for hedge funds.

  • How David Tepper played 'nervous time' market Friday, 15 Aug 2014 | 12:16 PM ET
    David Tepper, founder of Appaloosa Management

    Tepper, who made an eye-popping $3.5 billion in 2013, shed multiple positions in the second quarter.

  • George Soros bearish on S&P 500     Friday, 15 Aug 2014 | 10:34 AM ET

    CNBC's Kate Kelly reports on George Soros' huge bearish position on the S&P 500, suggesting he thinks the market may be in for a drop.

  • BOSTON, Aug 14- Billionaire investor William Ackman, who often says he is flattered when others follow him into a stock he likes, was joined by several prominent hedge funds that made new bets on takeover target Allergan Inc during the second quarter.

  • Aug 14- Pershing Square Capital Management LP, the hedge fund firm run by William Ackman, has sued the U.S. government, claiming that its stripping of Fannie Mae's and Freddie Mac's profit illegally short changes investors in the mortgage companies' common stock.

  • Pershing Square sues US over Fannie Mae, Freddie Mac Thursday, 14 Aug 2014 | 7:30 PM ET
    William 'Bill' Ackman, founder and chief executive officer of Pershing Square Capital Management LP, speaks during an event in New York, U.S.

    Pershing Square sued the U.S., claiming that its stripping of profits from Fannie Mae and Freddie Mac unconstitutionally short changes investors.

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