A complaint to the SEC could limit the fees that private equity firms charge or force greater oversight.» Read More
NEW YORK, Aug 14- Apple Inc is regaining its popularity among the biggest hedge funds, some of which have said a massive sell-off this year has gone too far.
Daniel Ernst, Hudson Square Research founder, discusses whether the smartphone maker will likely find a buyer and how much the company is actually worth.
Dan Primack, Fortune Magazine, has the update on private equity deals and the surge in public offerings, including rumors BlackBerry wants to go private and Amazon's Bezos buying the Washington Post newspaper.
James Woolery, Cadwalader, Wickersham & Taft, and David Blitzer, S&P 500 Index committee chairman, have the latest corporate buzz on pending M&A action and the outlook on the market.
NEW YORK, Aug 9- Lawyers for Steven A. Cohen's hedge fund, SAC Capital Advisors, reached a formal agreement with federal prosecutors to allow the hedge fund to continue to operate while the criminal case against it proceeds, according to a source briefed on the matter.
NEW YORK, Aug 9- Lawyers for Steven A. Cohen's hedge fund, SAC Capital Advisors, reached a formal agreement with federal prosecutors to allow the hedge fund to continue to operate while the criminal case against it proceeds, the Wall Street Journal reported on Friday, citing filings related to the case.
The SEC said Clayton Cohn, 26, lied to investors about his trading success and the performance of his Marketaction Capital Management hedge fund, raising $1.78 million from 24 investors through his Chicago- based firm, Marketaction Advisors LLC.
NEW YORK, Aug 6- Hedge fund manager Daniel Loeb expects Sony Corp to lay out a specific improvement plan and set financial targets for its entertainment business before the company's annual general meeting next May, according to a source close to the hedge fund.
NEW YORK, July 31- For Airgas Inc founder and Chairman Peter McCausland, there was a fair amount of schadenfreude in the air on Wednesday. McCausland, 62, fought a bitter and eventually successful battle for 13 months to keep Airgas independent in the face of a hostile bid from Air Products and Chemicals Inc..
July 30- A securities analyst accused of leaking secret information in 2009 about a potential partnership between Yahoo and Microsoft to an SAC Capital Advisors hedge fund manager and other traders was arrested and charged in California, prosecutors said on Tuesday.
July 26- A former hedge fund manager pleaded guilty on Friday to defrauding investors in a $12.6 million scheme, more than five years after the fund collapsed under the weight of failed real estate loans.
NEW YORK, July 26- Hedge funds took huge positive bets on U.S. crude oil this week just before the market turned south but they had better luck going long on gold as the precious metal rallied, trade data and price charts showed on Friday.
NEW YORK, July 26- Steven Cohen's hedge fund, SAC Capital Advisors, pleaded not guilty to insider trading charges in federal court on Friday. Ted Wells, a lawyer representing SAC Capital, said he was "most concerned" with obtaining statements that former employees of the $14 billion hedge fund have provided the government.
NEW YORK, July 25- A former employee of SAC Capital Advisors' Chicago office, Richard Lee, was once part of an "insider trading group" at a rival hedge fund, Citadel Investment Group, according to a source familiar with the matter and court filings.
NEW YORK, July 25- Federal prosecutors on Thursday unveiled criminal fraud charges against billionaire Steven A. Cohen's SAC Capital Advisors LP, capping a nearly seven-year probe into one of Wall Street's most renowned firms. The indictment accused SAC and various affiliates of four counts of securities fraud and one count of wire fraud.
Hamdi Ulukaya, founder and CEO of Chobani, discusses how he launched and grew his company "from zero to billion" while remaining private.
NEW YORK, July 19- Hedge funds are betting on a big commodity price rebound after a dismal second quarter, with trade data showing bets for higher prices at a near six-month peak after the U.S. Wagers on U.S. crude oil are already at record highs, the weekly data from the U.S. Commodity Futures Trading Commission showed on Friday.
NEW YORK, July 19- The U.S. Securities and Exchange Commission on Friday charged hedge fund mogul Steven A. Cohen with failing to supervise a former SAC Capital Advisors portfolio manager and another SAC executive, both of whom are facing criminal and civil insider trading charges.
LONDON, July 19- The number of demands to pull money out of hedge funds fell in July as investors took stock after making mid-year adjustments to portfolios the previous month.
NEW YORK, July 19- The U.S. Securities and Exchange Commission voted to reject a deal its enforcement division had struck with once high-flying hedge fund manager Philip Falcone and his hedge fund Harbinger Capital Partners, according to a regulatory filing on Friday by Falcone's publicly traded company Harbinger Group Inc..