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.» Read More
Women made little progress in climbing into management positions in this country even in the boom years before the financial crisis, according to a report to be released on Tuesday by the Government Accountability Office, writes the New York Times.
Where’s the fast money finding opportunity? In this regular feature Anthony Scaramucci aka The Hedge reveals his latest greatest pick!
The kind of people who like to attribute movements of stock indexes to causal events were busy attributing Friday’s rally the remarks of David Tepper on Squawk Box.
Last Friday’s CNBC appearance by hedge fund manager David Tepper garnered much interest among the capital market pros, particularly since it seemed to generate a wave of buying interest that pushed stocks up sharply in the day’s trading. (See my piece, “Who Let the Bulls Back In?” )
Jessica Pressler's amazing New York magazine feature on Appaloosa Management founder David Tepper reveals, between the lines, the secret formula of the hedge fund trader's success: buying assets without leverage.
Why hedge funds are dead.
Billionaire hedge fund manager Bill Ackman may find himself on the losing side of a multimillion dollar bet on a big and storied piece of New York City real estate.
There have been plenty of mulligans in the rarefied realm of hedge funds these days, the NYT reports.
How does an order flow? How does it actually execute? Who facilitates the trade?
A lot of hedge fund managers—including, most recently, Third Point’s Dan Loeb taken to criticizing the Obama administration in recent investor letters. Today Michael Lewis does a splendid job mocking these outbursts with satire.
More than half of all stock trades are the result high-frequency trading. Does that put the system at risk?
There are nearly 50 trading venues. Customers can interact in all of them--making today's trading so complicated.
There's a whole new universe of new places to trade and new players doing the trading. How has it changed, and why? What does it mean for you?
An editor's journey into the world of high-frequency trading and proprietary algorithms that make or break markets.
Worries about the role ETFs play in changing the nature of how people invest and the market’s high correlation to itself.
The Flash Crash of May 2010 illustrated how much the stock market has changed in recent years, exposing a new generation of players and trading systems. Here's a glossary of keywords and definitions.
James Simons, founder of the hedge fund Renaissance Technologies, said his firm canceled some orders and stepped away from trading.
In an exclusive, CNBC's Melissa Lee sits down one-on-one with Jim Simons, the hedge fund legend behind Renaissance Technologies.
The recent rally in equities cannot be sustained as the markets are "really schizophrenic" right now, said Kirby Daley, senior strategist at Newedge Group on CNBC Monday.
Paulson & Co, the world’s third-largest hedge fund manager, has seen another painful month thanks to growing fears over the health of the US economy. The FT reports.
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Even as retail investors shy away, Wall Street is still making a dash for trash.
Since May, money has been streaming out of mutual funds that invest in stocks—particularly those focused on U.S. equities
Tom Conheeney, the longtime president of SAC Capital, is stepping down from the former hedge fund's successor company, Point72.