NEW YORK, June 18- SunGard Data Systems Inc, the computer software maker that was taken private in 2005 for $11.4 billion, is exploring a sale of its data managing operations that could fetch up to $2 billion, several people familiar with the matter said on Tuesday.
June 14- JPMorgan Chase& Co said on Friday its private equity unit will become independent, the latest move by a financial institution to shed risky businesses amid financial reform.
SAO PAULO, June 7- Brazilian homebuilder Gafisa SA agreed to sell a 70 percent stake of its high-end Alphaville unit to private equity firms Blackstone Real Estate Advisors LP and Patria Investimentos Ltda, Gafisa said on Friday. Under the deal, Blackstone Group LP and Patria agreed to pay 1.4 billion reais in cash for the stake.
District Judge Shira Scheindlin in Manhattan on Thursday said the SEC could not pursue civil penalties for much of the 13- year period in which the alleged misconduct occurred. The decision is among the earliest to apply February's unanimous U.S. Supreme Court ruling in SEC v.
These people said Blackstone Group LP, the largest outside investor in SAC, opened the floodgates once it notified Cohen in early May that it intended to redeem most of the $550 million that its clients have invested with SAC Capital.
*Rio has 5-6 name shortlist for Iron Ore of Canada stake. SYDNEY/ LONDON, June 3- Mining group Rio Tinto Plc has drawn up a shortlist of half a dozen suitors for its majority stake in Canada's largest iron ore producer, sources with knowledge of the situation said on Monday.
NEW YORK, May 31- Investor redemptions from Steven A. Cohen's hedge fund, SAC Capital Advisors, continue, with Magnitude Capital emerging as the latest outside investor asking to get money back from the $15 billion hedge fund.
NEW YORK, May 31- Another outside investor in Steven A. Cohen's SAC Capital Advisors will ask to redeem money from his hedge fund in the second quarter. SAC Capital's second-quarter redemption deadline is Monday June 3, which comes as an insider trading probe focused on the firm heats up.
NEW YORK, May 30- Taylor Woods Capital, the commodities fund of ex- Credit Suisse gas trader George "Beau" Taylor, is up double digits for the year and is seeking new investors to replace capital lost in redemptions after a previously sluggish performance, industry sources said.
HONG KONG/ SINGAPORE May 29- Private equity firms KKR and Carlyle Group are among the suitors lining up bids for Singapore Telecommunications Ltd's Australian unit, Optus Satellite, people familiar with the matter said, a business valued at more than A $2 billion.
*Ironwood Capital Management to pull $100 million. *Blackstone Group also to redeem from Steve Cohen's fund. NEW YORK, May 28- Ironwood Capital Management plans to pull about $100 million from embattled hedge fund SAC Capital Advisors, adding to the list of problems for billionaire trader Steven A. Cohen.
NEW YORK, May 20- The decision by U.S. prosecutors to compel Steven A. Cohen to testify before a federal grand jury about allegations of insider trading at his $15 billion hedge fund is leaving many criminal defense lawyers scratching their heads.
The Fast Money traders share their final trades of the day.
Tuesday, 18 Jun 2013 | 5:00 PM ETAhead of the Fed meeting, the S&P 500 appears headed toward 1,687, StockMonster's Guy Adami says.
Tuesday, 18 Jun 2013 | 6:40 PM ETYou say the name of a stock, and Mad Money's Jim Cramer tells you whether to buy or sell.