CNBC is nominating the top 25 most influential leaders in business. CNBC's Kayla Tausche, Kate Kelly and Mary Thompson share their opinions on Bill Gross, George Soros and other big players.» Read More
*Commerzbank selling 4 bln euro portfolio of property loans. FRANKFURT/ MADRID, March 4- Banks such as Deutsche Bank and JPMorgan are teaming up with international funds to bid for a multi-billion-euro portfolio of Spanish property loans as the country's real estate market thaws, sources close to the process said.
NEW YORK, Feb 14- Soros Fund Management, one of the hedge fund industry's most closely watched investors, trimmed its stakes in J.C. Penney and Herbalife late last year, marking a notable shift in course only months after buying into the companies.
NEW YORK, Feb 14- Soros Fund Management, one of the hedge fund industry's most closely watched investors, exited J.C. Penney and trimmed its stake in Herbalife late last year, marking a notable shift in course only months after buying into the companies.
NEW YORK, Feb 14- Hedge fund Paulson& Co maintained its stake in the world's biggest gold-backed exchange-traded fund, SPDR Gold Trust, in the fourth quarter, even as others exited when bullion prices posted their biggest annual loss in 32 years.
*Ackman raises questions about Herbalife distributors. Feb 3- Herbalife Ltd estimated fourth-quarter profit and sales above market forecasts on Monday, but investor William Ackman quickly struck back with claims about a former top Herbalife distributor, raising new questions about the company's sales practices.
Feb 3- Herbalife Ltd estimated fourth-quarter profit and sales above market forecasts, dealing a setback to investor William Ackman who has accused the nutrition and weight loss company of being a pyramid scheme and taken a big short position on the stock.
Feb 3- Nutrition and weight loss company Herbalife Ltd estimated fourth-quarter profit and sales above analysts' expectations, sending its up 4 percent in premarket trading.
Nicholas Berggruen, Theworldpost.com, shares highlights from the World Economic Forum in Switzerland on global initiatives for the global economy.
NEW YORK, Jan 20- After years of hiding under their desks, short sellers are re-emerging- slowly. Investors who make a living betting that stock prices will fall are happy to forget 2013: The S&P 500 gained nearly 30 percent while Credit Suisse's index of hedge funds with a dedicated short bias lost 25 percent.
Although Spanish builders including Sacyr and FCC have made progress on cleaning up their balance sheets and looking for business abroad, the domestic market property market they depend on is still in free fall.
*Spain needs foreign investment to secure jobs growth. Peru- based Grupo Santo Domingo pledged 100 million euros as part of a wider capital injection in Spanish property firm Colonial. "It's a logical phenomenon," said Enrique Quemada, head of Madrid- based M&A adviser ONEtoONE Capital Partners.
BOSTON, Dec 20- Hedge fund billionaire William Ackman is facing mounting pressure as his high-stakes bet against nutrition and weight loss company Herbalife enters its second year, but for now, his investors look ready to stick with him.
BSG Resources is battling for the right to develop half of the Simandou deposit in Guinea, one of the world's largest untapped iron ore resources. The government of Guinea, which is running a review of mining contracts allocated by previous administrations, says BSGR bribed officials to win a 2008 licence to develop the promising deposit.
Nov 22- Herbalife Ltd shares rallied as much as 7 percent on Friday as investors rejected the latest salvo from hedge fund manager Bill Ackman, who insisted the company is nothing but a pyramid scheme, even though his short position based on that view has cost up to $500 million.
*Guinea to hold Abu Dhabi investor meeting Nov. 24-25. Guinea's President Alpha Conde will woo investors at a two-day conference in Abu Dhabi starting on Sunday, hoping to build on a legislative election in September that marked the return to democracy after a 2008 coup.
FRANKFURT, Nov 20- Printing money is not the way out of the euro zone crisis, European Central Bank policymaker Jens Weidmann said, resisting the possibility raised by others at the ECB of buying assets to aid a weak recovery.
NEW YORK, Nov 18- J.C. Penney Co has a fan in hedge fund manager Marc Lasry, who says the struggling retailer is likely to survive after an ambitious reinvention failed, its stock price tumbled and its biggest investor exited.
*Exxon Mobil leads Dow after Buffett buy. *J.C. Penney, FedEx gain on hedge fund stakes. They rose 2.2 percent to $95.27 a day after Warren Buffett's Berkshire Hathaway Inc disclosed a new $3.45 billion stake in the second-largest U.S. company by market value, behind only Apple Inc.
Mega investors Dan Loeb and George Soros have both recently added big positions in FedEx. Larry McDonald, Newedge USA, and CNBC contributor Carol Roth, talk about what's behind the billionaires buying up FedEx shares.
*J.C. Penney, FedEx gain on hedge fund stakes. Federal Reserve Chair nominee Janet Yellen told a Senate Committee that the central bank's economic stimulus would continue and several key important investors disclosed stakes in companies like J.C. Penney and Exxon Mobil.