Mike Ryan, UBS,and David Bailin, Citi Private Bank, give an outlook on upcoming payrolls and what trends to watch in the markets this week.» Read More
NEW YORK— RadioShack creditor Salus says it won't improve its bid as it fights with another buyer for the electronics chain, hedge fund Standard General. Salus had failed to win an auction for the assets of the Fort Worth, Texas- based electronics retailer, which filed for bankruptcy in February. RadioShack instead chose a $160 million bid from hedge fund Standard...
PARIS, March 30- U.S. hedge fund P. Schoenfeld Asset Management has accused French media group Vivendi of giving too much leeway to chairman and largest shareholder Vincent Bollore to boost his stake at "undervalued prices". PSAM, which says it owns 0.8 percent of Vivendi, is trying to rally other shareholders to vote for two resolutions at an upcoming annual...
CORRECTED- ARGENTINA'S SECURITIES REGULATOR SAYS ACTION AGAINST CITIBANK ARGENTINA IS DUE TO AGREEMENT WITH LITIGATING U.S.
TOKYO, March 27- Japan's Nikkei share average tumbled to a two-week low on Friday, led by futures selling as hedge funds took profits from recent gains. The Nikkei benchmark fell 1.7 percent to 19,141.62 points after falling to as low as 19,099.87 in mid-afternoon trade, the lowest level since March 13. Exporters also suffered, with Toyota Motor Corp falling 2.0...
Whitman, the founder of Whitman Capital LLC in Menlo Park, California, is serving a two-year prison term for his August 2012 conviction on securities fraud and conspiracy charges. Prosecutors said he profited in trading in shares of Google Inc and video-conferencing company Polycom Inc based on illegal tips from people like former Intel Corp employee Roomy...
Warren Buffett, Berkshire Hathaway, discusses the management structure of the newly formed Kraft Heinz company.
Warren Buffett, Berkshire Hathaway, discusses his partnership with 3G and whether to expect other acquisition deals down the road.
Warren Buffett, Berkshire Hathaway, discusses the long-term outlook on the packaged foods market, as consumers move towards more natural products.
Warren Buffett, Berkshire Hathaway, breaks down the terms of the deal to acquire Kraft Foods Group.
Jonathan Feeney, Athlos Research, and Alexia Howard, Sanford Bernstein & Company, provide perspective on the valuation of the deal to shareholders.
Alexia Howard, Sanford Bernstein & Company, shares her thoughts on the various headwinds facing the food industry.
Erin Lash, Morningstar analyst, discusses the acquisition of Kraft by Brazilian private equity firm 3G Capital. The combination with Heinz provides an international distribution platform, says Lash.
"Squawk Box's" Andrew Ross Sorkin breaks down the details of the deal which includes H.J. Heinz becoming a publicly traded company.
Another former senior government official has signed up to be a paid advisor to a multibillion-dollar hedge fund firm.
Scott Sperling, THL Partners co-president, shares his outlook on the global economy, amid unrest in the Middle East and tensions between Ukraine and Russia.
LONDON, March 23- Hedge funds have turned super-bearish about U.S. oil prices as concerns about running out of storage trump the drop in the number of rigs drilling new wells. Money managers had amassed a record number of short positions in futures and options contracts linked to WTI by the end of March 17, equivalent to 209 million barrels of oil, according to the...
The strategy usually involves buying stock in a Delaware- incorporated company that is being acquired and then filing a claim that gets a judge to determine the fair price for the shares in a process known as appraisal. But now the top corporate lawyers in Delaware, where about two-thirds of Fortune 500 companies are chartered, are proposing an amendment to the...
Federal Reserve Chair Janet Yellen makes her opening statement, saying just because the Fed removed the word "patient" in its guidance for a rate increase, doesn't mean they are going to be "impatient."
The smart-money brackets: CNBC.com got some of the world's elite investors to pick their NCAA Final Four.
More than half of Blackstone's M&A directors may leave as the business is combined with the advisory firm headed by Paul Taubman.