*Elliott Associates may nominate directors to Hess board. Jan 28- Hess Corp on Monday announced plans to sell its oil storage terminal network and exit the oil refining business, after activist hedge fund Elliott Associates said it was considering nominating directors to the Hess board.
*Hess to close New Jersey refinery. Jan 28- Hess Corp announced plans to sell its oil storage terminal network and exit the oil refining business, after activist hedge fund Elliott Associates said it was considering nominating directors to the Hess board.
The argument centered on nutritional supplements company Herbalife Ltd, in which Ackman has had a well-publicized short position that Icahn has slammed. In a tirade that included expletives, Icahn said he would never invest with Ackman and predicted investors in his Pershing Square hedge fund would lose a lot of money on the Herbalife bet.
Hedge fund investors Carl Icahn and Bill Ackman slugged it out on CNBC live over Herbalife and other deals. Who won the bout?
LONDON, Jan 25- Hedge fund short-sellers have hoovered up nearly all available shares in Peugeot in their scramble to bet the French carmaker will be an early victim in an industry struggling to overcome a collapse in European sales.
*Doug Whitman convicted on Google, Marvell, Polycom trades. NEW YORK, Jan 24- California hedge fund manager Doug Whitman was sentenced on Thursday to two years in prison, after he became the first defendant in a broad U.S. crackdown on insider trading to take the stand to convince jurors of his innocence.