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George Soros

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  • Herbalife shares rose more than 17 percent to $63.29 in heavy volumes, more than recovering the losses made Monday after Ackman told CNBC he would expose Herbalife as an "incredible fraud" and deal the company a "death blow."

  • NEW YORK, July 16- Billionaire investor Stanley Druckenmiller took another swipe at U.S. central bank policies on Wednesday, warning that continued low interest rates were too risky and could create fresh problems in the years ahead.

  • HONG KONG/ BEIJING, July 16- When a fast-growing private equity firm co-founded by Jack Ma sought funding from institutional investors for the first time in early 2013, almost all had one major concern, its chairman said: was the firm independent from Ma, the influential executive chairman of Alibaba Group Holding, China's e-commerce giant.

  • RPT-Soros Fund sued by former portfolio manager Tuesday, 8 Jul 2014 | 8:50 AM ET

    NEW YORK, July 7- A former portfolio manager at Soros Fund Management sued the hedge fund firm founded by billionaire George Soros for nearly $20 million, accusing it of reneging on promises to pay him performance and other fees.

  • Soros Fund sued by former portfolio manager Monday, 7 Jul 2014 | 2:40 PM ET

    NEW YORK, July 7- A former portfolio manager at Soros Fund Management sued the hedge fund firm founded by billionaire George Soros for nearly $20 million, accusing it of reneging on promises to pay him performance and other fees.

  • June 27- Steven A. Cohen's SAC Capital reached an agreement with U.S. securities regulators on Friday for the once-powerful hedge fund to no longer be an investment adviser, following the firm's guilty plea to insider trading charges last year.

  • June 25- Penn Virginia Corp's biggest shareholder George Soros reiterated that the oil and gas producer should sell itself and said he would take action if the company failed to do so. Penn Virginia Corp has assets in the Eagle Ford shale in south Texas.

  • June 25- Penn Virginia Corp's biggest shareholder George Soros reiterated that the oil and gas producer should sell itself and said he would take action if the company failed to do so.

  • SAN FRANCISCO, June 23- A group of influential Internet moguls aim to fix what they refer to as the "big money problem" in Washington politics by, well, raising cash.

  • *Gaim Monaco conference to be held next week. *Meeting is biggest hedge fund get-together in Europe. Boston- based Highfields Capital for instance, which manages billions for big universities and exclusive endowments, gently asks journalists not to call it a hedge fund, preferring asset management firm.

  • MADRID, June 12- Spanish billionaire Esther Koplowitz could sell some of her stake in the holding company that controls builder FCC as part of a debt restructuring deal, said a source who is working on the refinancing. FCC shares were the top gainers on Thursday morning on Spain's benchmark index, up 4.75 percent to 17.64 euros per share.

  • MADRID, June 5- Spain's biggest bank Santander has sold a historic skyscraper in Madrid to Chinese conglomerate Dalian Wanda Group for 265 million euros, as foreign investors pile into the country's property market.

  • NEW YORK, May 15 (Reuters)- Hedge fund Paulson& Co in Q1 maintained its stake in SPDR Gold Trust, the world's biggest gold-backed exchange-traded fund as bullion prices rebounded from their biggest annual loss in 32 years in 2013, while PIMCO dissolved its gold ETF investment.

  • ATHENS, May 8- Top Greek lender National Bank priced an offering of new shares at 2.20 euros each after books closed on Thursday as it aims to raise 2.5 billion euros, an official at the bank told Reuters.

  • NEW YORK, May 6- Hedge fund mogul David Tepper had a case of deja vu when he ranked as the best paid hedge fund manager for the second year running by earning $3.5 billion in 2013 with a savvy bet on airline stocks, according to a new ranking. Tepper, who runs Appaloosa Management, was followed in second place by Steven A. Cohen, who earned $2.4 billion.

  • April 29- Carl Icahn and William Ackman, who clashed on their views about nutrition company Herbalife Ltd, could team up on activist investments in future, the Wall Street Journal reported. Neither Ackman's Pershing Square Capital Management hedge fund, nor Icahn Enterprises LP could be reached for comment outside regular U.S. business hours.

  • April 28- Weight-loss and nutritional products maker Herbalife Ltd on Monday reported a 9 percent increase in global sales volumes for the first quarter and raised its outlook for the full year. Herbalife also said it was suspending its quarterly dividend in order to use the cash to repurchase additional shares.

  • BOSTON, April 24- Activist investor William Ackman, who is betting more than $1 billion that Herbalife is a pyramid scheme, will cover legal fees and damages for whistleblowers who have spoken out against the company, but not lost wages if they lose their jobs.

  • NEW YORK, April 24- If famed investor Jim Rogers is known for one trait above all, it is for spotting themes early-- and betting on them big. So when the co-founder of The Quantum Fund and author of "Adventure Capitalist" became a father, he naturally thought of how best to give his daughters an advantage.

  • WASHINGTON, April 23- Herbalife, a weight loss and nutrition company being investigated for allegations of running a pyramid scheme, disciplined hundreds of distributors last year for making unsubstantiated medical claims about its products, ABC News reported on Wednesday.