Wall Street and big business's election kingmakers are reaching for their wallets again in the race for President.» Read More
Some of America's biggest and most influential hedge funds are investing heavily in Chinese tech giant Alibaba.
BOSTON, Nov 14- Soros Fund Management, one of the world's most widely followed investment firms, slashed its stake in Herbalife Ltd. by 60 percent during the third quarter, a period when Herbalife missed Wall Street earnings estimates and its stock price tumbled. Herbalife has become one of America's most closely watched companies since billionaire investor...
NEW YORK, Nov 14- Hedge fund Paulson& Co maintained its stake in the world's biggest gold-backed exchange-traded fund, SPDR Gold Trust, for a fourth consecutive quarter in the third quarter, when bullion prices fell on an improving U.S. economic outlook. New York- based Paulson& Co, led by longtime gold bull John Paulson, owned around 10.2 million shares of the ETF...
NEW YORK, Nov 14- Hedge funds scooped up shares of China's Alibaba Group Holding in the third quarter, making the e-commerce giant one of the most commonly bought stocks among some of the biggest U.S. investors, according to regulatory filings on Friday. Among the institutional investors that took new stakes in Alibaba were Soros Fund Management, the hedge fund...
*FCC reaches deal with creditor banks to refinance debt. MADRID, Nov 14- U.S. billionaire George Soros will become a key investor in Spanish building and services company FCC following a 1 billion euro rights issue aimed at paying down debt, a source with knowledge of the matter said on Friday. FCC shares rose 7.5 percent on the news.
LONDON, Nov 14- The best way to think about the dramatic slide in oil prices over the last five months, Brent has fallen by more than 30 percent, is that the market is caught in a negative bubble. In 2014, no one is prepared to forecast a return to the recent highs above $100 per barrel. The process by which bubbles form, expand and eventually burst has been chronicled by...
*FCC reaches deal with creditor banks to refinance debt. MADRID, Nov 14- U.S. billionaire George Soros will become a key shareholder in Spanish building and services company FCC following a 1 billion euro rights issue aimed at paying down debt, a source with knowledge of the matter said on Friday. FCC shares rose 8.4 percent on the news.
One of the most important Republican donors in America today is a hedge fund manager who keeps a low profile.
Investment firms including George Soros's Quantum Partners, Knighthead Master Fund and Hayman Capital, have filed a lawsuit in the UK asking the court to declare that the interest payments are subject to English law and that any attempt by a foreign court to modify contracts governing them would be ineffective. Although defendant Bank of New York Mellon Corp...
LONDON, Nov 3- Cristina Fernandez, president of Argentina, is the sort of populist political leader financial markets love to hate. Oil output has been falling, from a peak of more than 900,000 barrels per day in 1998 to a little over 700,000 bpd in 2013, and Argentina became a net petroleum importer in 2012.. The U.S. Energy Information Administration estimates...
Wall Street is spending more on the midterms than ever before—particularly in support of the GOP—but it's not from whom you might think.
Arminio Fraga, the man who could become finance minister of Brazil, knows what he wants to do to help that country's economy.
He bashed rival funds such as Elliott Management, which has invested in Argentine bonds and held out for full payment, calling their behavior immoral.
Billionaire George Soros makes a big bet against U.S. markets. CNBC's Kate Kelly provides perspective.
The move sparked concerns that Soros Fund Management is expecting a big fall in equities.
There have been some great forecasts and some awful ones over the past 25 years. Here is a look at some that shook the market.
With nine digit political donations becoming more common, the $1 billion political donation, yes, $1 billion, is in the offing, say experts.
Simon Ballard, the head of credit strategy at National Australia Bank, disputes George Soros' assertion that now is the time to punt on peripheral Europe.
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.
The U.S. and Russia need to better understand each other because Vladimir Putin is becoming "more aggressive abroad," George Soros says.