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Fortress Investment Group LLC

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  • The company, formerly known as Fair Isaac Corp, said on Thursday that overdue medical payments that have already been settled will be ignored while calculating credit risk.

  • The company, formerly known as Fair Isaac Corp, said on Thursday that overdue medical payments that have already been settled will be ignored while calculating credit risk.

  • Hedge fund manager Cooperman says market gains will slow Wednesday, 16 Jul 2014 | 12:19 PM ET

    NEW YORK, July 16- Hedge fund manager Leon Cooperman, who has forecast that the Standard& Poor's 500 stock index will hit 2000 this year, cautioned on Wednesday that gains will be slower as the market is more fairly valued now.

  • NEW YORK, July 14- After months of trying to push Dish Chairman Charles Ergen out of its capital structure, bankrupt wireless venture LightSquared on Monday proposed a turnaround plan that would make Ergen its primary lender after bankruptcy.

  • In 2012, Ernst& Young voluntarily decided to cease performing lobbying work for SEC registrant audit clients. " "Auditor independence is critical to the integrity of the financial reporting process," said Scott Friestad, an associate director in the SEC's enforcement division.

  • July 9- Harbinger Capital Partners has sued Dish Network Corp and its chairman, Charles Ergen, for at least $1.5 billion, accusing them of trying to strip the hedge fund of its control of bankrupt wireless company LightSquared. The lawsuit, filed in a Colorado federal court on Tuesday, said Ergen had engaged in fraud and violated a federal anti-racketeering law.

  • NEW YORK, July 1- Bankrupt wireless venture LightSquared on Tuesday revealed a new restructuring proposal that would cede 74 percent of its equity to a new investor group that includes JPMorgan Chase& Co, Cerberus Capital Management and Fortress Investment Group.

  • Citigroup names James Bindler FX chief Friday, 20 Jun 2014 | 1:05 PM ET

    June 20- Citigroup Inc named James Bindler the bank's global head of foreign exchange, succeeding Jeff Feig, according to an internal memo. He is currently trading and global head of foreign exchange options for central and eastern Europe, the Middle East and Africa.

  • June 17- Citigroup Inc's global head of foreign exchange, Jeff Feig, is leaving the bank and will join investment firm Fortress Investment Group LLC as a portfolio manager. Feig, who has been with Citigroup for 25 years, served as the bank's forex chief for 10 years.

  • FRANKFURT, June 10- U.S. private equity firm Fortress Investment Group LLC ended its 10- year foray into German real estate on Tuesday, selling a $1 billion stake in Gagfah, one of Germany's largest property firms.

  • TOKYO, June 2- A draft plan to boost Japanese growth promises to overhaul corporate governance, promote technology and attract private investment, but it leaves many of the toughest questions unanswered as the country seeks to claw its way out of a crippling cycle of deflation.

  • MIAMI, May 28- Local officials and railway executives unveiled plans on Wednesday for a sprawling 3 million-square-foot Miami train station complex including an 80- story skyscraper, to anchor the state's first privately owned intercity railway and help redevelop the downtown area.

  • *Hedge funds at $250,000 meetings with former Fed chairman.

  • Fortress preps $4.7B Stuyvesant Town bid: Report Wednesday, 14 May 2014 | 9:53 AM ET
    Looking up First Avenue showing the Stuyvesant Town-Peter Cooper Village complex in New York.

    Fortress Investment Group LLC is reportedly considering making a $4.7 billion bid for Stuyvesant Town-Peter Cooper Village.

  • Early movers: P, SHLD, YHOO, SODA & more Wednesday, 14 May 2014 | 7:44 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • May 13- Fortress Investment Group LLC is considering making a $4.7 billion bid for Stuyvesant Town-Peter Cooper Village, a Manhattan apartment complex, Bloomberg reported, citing a person familiar with the matter. MetLife sold the complex in 2007 for a record $5.4 billion to a group led by Tishman Speyer Properties LP and a real estate unit of BlackRock Inc..

  • Hedge funds' secret weapon is ex-Obama advisor Friday, 4 Apr 2014 | 1:03 PM ET
    Austan Goolsbee

    Hedge funds and other Wall Street firms have used an unlikely counselor for the past year: a former top economist for President Obama.

  • Hedge fund showcase event considers new Asia venue Tuesday, 18 Mar 2014 | 2:52 PM ET
    Anthony Scaramucci and Tony Blair at a SALT conference

    SkyBridge's SALT Las Vegas has a lagging younger sibling, SALT Singapore.

  • Quiznos considers bankruptcy filing: Report Thursday, 27 Feb 2014 | 3:18 PM ET
    A Quiznos location in Denver.

    Quiznos is preparing to file for bankruptcy within a few weeks as it battles with declining sales, The Wall Street Journal reported.

  • Inside hedge fund pay: $10M for a 10% return Sunday, 16 Feb 2014 | 5:00 PM ET

    The CEO of a $5 billion hedge fund can expect to make between $7 million and $10 million if the fund returns just 10 percent.