A group of eight or so anti-Herbalife protesters gathered for a prayer vigil to oppose Carl Icahn's support of the stock.» Read More
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...
BOSTON, Oct 22- One of Fidelity Investments' top stock pickers cooled on Herbalife Ltd in the third quarter, cutting his stake in the company after a profit miss and fresh allegations from billionaire investor William Ackman that it is a fraud. Steve Wymer, who runs the $41 billion Fidelity Growth Company Fund disclosed reducing his stake in Herbalife in a...
New York, Oct 17- Suvretta Capital Management, founded by a former portfolio manager for billionaire investors George Soros and Steven A. Cohen, is generating net returns of 6 percent year-to-date, despite this week's stock market drop and wild gyrations, according to two sources familiar with the situation. The majority of flows into equity strategies over the...
BRASILIA, Oct 15- Aecio Neves would scrap a "failed" economic model and restore the pillars of Brazil's economy to overcome slow growth and high inflation if he wins the presidency this month, the candidate's pick for finance minister told Reuters on Wednesday. Neves, a centrist who has promised to rescue Brazil from recession, is running neck-and-neck with...
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.
NEW YORK, Sept 24- The rapid economic transformation of Myanmar, less than two years after transitioning from military control and opening itself to the world, is not without its rough patches, the nation's top economic minister said on Wednesday.
He bashed rival funds such as Elliott Management, which has invested in Argentine bonds and held out for full payment, calling their behavior immoral.
BUENOS AIRES, Sept 22- Argentine President Cristina Fernandez met on Monday with Argentina bondholder and billionaire financier George Soros, who is suing a U.S. bank caught in the middle of the country's latest default.
BUENOS AIRES, Sept 22- Argentine President Cristina Fernandez on Monday will meet bondholder and billionaire financier George Soros, who is suing a U.S. bank caught in the middle of the country's latest debt default, a government minister said.
SYDNEY, Sept 9- LeapFrog Investments, a private equity firm backed by George Soros and JP Morgan, said it has raised $400 million for socially responsible investments in Asia and Africa- the largest ever for a fund specializing in low-income emerging market financial services.
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.
Billionaire investor and philanthropist George Soros told CNBC in an interview that aired on Friday that Russian President Vladimir Putin is acting out from a point of weakness.