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  • Daniel Loeb's Third Point added 1 million shares of Dollar General, raising his stake by 33 percent, while Blue Ridge Capital, founded by Tiger Cub John Griffin, nearly doubled its stake in Walgreen when it bought 2.8 million shares.

  • *Merger to create Fiat Chrysler Automobiles. MILAN, Aug 14- Sergio Marchionne has shown he is determined to let nothing stand in the way of Fiat's merger with Chrysler, but a share price slide may yet force the CEO to hit the brakes on plans to turn the world's No. 7 carmaker into a top player.

  • BUENOS AIRES, Aug 14- The hedge funds suing Argentina over its 2002 debt default are an "international mafia" out to wreck the country's finances, the government said on Thursday, pumping up the rhetoric in a battle that is squeezing the struggling Argentine economy.

  • NEW YORK, Aug 13- A billionaire hedge fund manager who has sued to stop Canadian fashion designer Peter Nygård from expanding his Bahamas estate has asked a U.S. court to help him obtain crucial evidence from a whistleblower to help with the litigation.

  • NEW YORK, Aug 13- A billionaire hedge fund manager who has sued to stop Canadian fashion designer Peter Nygård from expanding his Bahamas estate has asked a U.S. court to help him obtain crucial evidence from a whistleblower to help with the litigation.

  • Harvard Management Co invested in Covidien in Q2 - filing Wednesday, 13 Aug 2014 | 4:06 PM ET

    BOSTON, Aug 13- Harvard Management Co, which oversees the Ivy League school's $32.7 billion endowment, took a new position in surgical device maker Covidien Plc during the second quarter before news of a planned takeover helped push the stock price higher, a regulatory filing shows.

  • Judge cuts back Madoff trustee lawsuit vs Merkin Wednesday, 13 Aug 2014 | 11:32 AM ET

    NEW YORK, Aug 13- The trustee seeking money for Bernard Madoff's victims suffered his second loss in less than a week to Wall Street hedge fund manager J. Ezra Merkin, as a Manhattan bankruptcy judge dismissed most claims in a roughly $565 million lawsuit.

  • Japan pension fund review could set yen on slippery slope Wednesday, 13 Aug 2014 | 2:10 AM ET

    SYDNEY, Aug 13- The yen's steadiness against the U.S. dollar this year could be nearing its end, with Japan's currency likely to weaken should the country's giant public pension fund divert trillions of yen into overseas assets following an investment strategy review.

  • NEW YORK, Aug 12- Daniel Pollack, the court-appointed mediator in the debt dispute between Argentina and holdout creditors, who has come under fire from the Argentine government for his handling of the talks, expects to hold more meetings with both sides.

  • PARIS, Aug 12- Belgian power grid operator Elia, State Grid Corporation of China, Italian grid operator Terna and Canadian pension fund PSP Investments have been shortlisted to bid for a 66 percent stake in Greek grid operator ADMIE, a source familiar with the bidding process told Reuters.

  • NEW YORK, Aug 12- BlackRock Inc, which has been heavily promoting alternative investments to retail investors, intensified that effort on Tuesday with the launch of a new multi-manager fund.

  • LONDON, Aug 12- Concerns over conflict in Iraq, Ukraine and Gaza, future U.S. interest rate policy and pumped-up equity markets have prompted asset managers to scale back risk and raise the amount of cash held in portfolios, a survey showed on Tuesday.

  • *RBS exploring sale of Coutts International. *Coutts International has come forward in U.S. tax probe.

  • *RBS exploring sale of Coutts International. *Coutts International has come forward in U.S. tax probe.

  • *RBS exploring sale of Coutts International. *Coutts International has come forward in U.S. tax probe.

  • ZURICH/ SINGAPORE, Aug 11- Royal Bank of Scotland is selling the international arm of its private bank in a deal that could be valued around $1 billion, sources said on Monday, as the British government leans on it to focus more on domestic lending.

  • SEATTLE, Aug 8- A former Microsoft Corp employee was sentenced to two years in prison on Friday for his part in an insider trading scheme that netted him and his partner more than $400,000. District Judge Marsha Pechman said in handing down the sentence in Seattle federal court.

  • The SEC in 2010 approved the rule, which prohibits investment advisers from making campaign contributions in the hope of being awarded lucrative contracts to manage public pension funds, a practice known as "pay to play". The SEC declined to comment on the lawsuit.

  • FRANKFURT, Aug 8- Problems at Allianz's U.S. investment firm Pimco persisted in the second quarter as clients defected and margins slipped, posing a challenge for the chief executive of Europe's biggest insurer who aims to make a record group profit this year.

  • *Asset managers to accept proposals charging for orders. LONDON, Aug 8- Asset managers will agree to pay more for currency "fixing" services when they respond later this month to proposals by global regulators for reforms of foreign exchange benchmarks, industry sources said on Friday.