BOSTON, March 7- Hedge fund billionaire John Paulson lost more money in February when his gold fund suffered double-digit losses as the metal and gold mining stocks extended losses. Paulson's three-year old Gold Fund, with roughly $800 million in assets, tumbled 18 percent last month and is now down 26 percent this year, two people familiar with the numbers said.
BOSTON, March 7- Hedge fund billionaire John Paulson's Gold Fund tumbled 18 percent last month when gold and gold mining stocks slid further, two people familiar with the numbers said.
NEW YORK, Feb 15- Gold prices finished nearly 1.8 percent lower on Friday, extending a week-long trend when several bearish factors, including a rising dollar ahead of the G20 meeting, conspired to push prices below key chart support levels to lows last seen in August.
LONDON, Feb 15- Gold prices extended losses on Friday to more than two percent when it broke below a key chart support level at $1,600 an ounce to its lowest level since August, after earlier declines triggered technically-driven selling. Spot gold hit a low of $1,598.04 an ounce, its weakest since Aug. 16, and was at $1,603.70 by 1555 GMT, down 1.83 percent.
LONDON, Feb 15- Gold prices extended losses on Friday to hit a six-month low as a breach of key chart support levels at $1,625, its previous low for the year, and $1,620 triggered technically-driven selling. Spot gold hit a low of $1,608.11 an ounce, its weakest since Aug. 16, and was at $1,615.01 by 1428 GMT, down 1.2 percent.
*Coming up: U.S. Industrial output; 1415 GMT. LONDON, Feb 15- Gold fell to a six-month low on Friday, breaking through technical support near $1,630 an ounce, as the euro weakened against the dollar ahead of a G20 meeting, which should give more clues on currencies.
Feb 14- Hedge fund heavyweights from Leon Cooperman's Omega Advisors to Barry Rosenstein's Jana Partners threw in the towel on Apple Inc in the fourth quarter, while other managers found discount retailers Dollar General Corp and Dollar Tree Inc attractive, regulatory filings showed on Thursday.
*Risks overlooked at multinationals in China, experts say. NEW YORK/ HONG KONG, Feb 10- Tales of shady business practices abound in China- fake revenues, phony invoices, sham factories- but until recently, the problem seemed confined mostly to Chinese companies.
NEW YORK, Feb 5- The credit rating agency, Standard& Poors, announced Monday that it was the target of a civil lawsuit by the Justice Department for its actions in rating the complex securities that played a major role in the 2008-2009 financial collapse. It is interesting that the other two major rating agencies, Moody's and Fitch made no announcements.
Helped by start-ups in and around Toronto's financial district, the Canadian industry is estimated to manage more than C $30 billion, up from about $15 billion four years ago.
LONDON, Jan 9- Betting against the European Central Bank, and the eurozone's survival in general, proved a costly strategy for hedge funds in 2012..
LONDON, Jan 2- The entry of new investors like hedge funds into the reinsurance market is likely to keep prices mostly flat when European customers renew policies in January, despite the industry's losses from superstorm Sandy, broker Willis Re said.
*Some big-name Romney backers will be watching from Boston. Now, some heavyweights of the $2 trillion industry plan to break out the champagne and party in style Tuesday night as they cheer on their man at events in Boston, New York and even Las Vegas, according to people familiar with the Romney campaign and some of the big contributors.
Oct 26- Individual donors to U.S. presidential candidates can contribute up to $2,500 for the state-by-state party nominating contests and another $2,500 for the general election.
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."