The bulls are piling into Fortress Investment as two big events loom on its calendar.
Finally, a way for young Wall Streeters to talk to each other without the SEC, FBI or the boss finding out what they're saying and doing.
Fortress Investment pulled back yesterday, and the bulls piled in.
Gold is a "classic bubble" and could go drop to $500 an ounce, Fortress Investment's Michael Novogratz tells CNBC. "Once bubbles pop, they go all the way down," he says.
Stocks could go down 10 to 15 percent as soon as the Fed tightens its bond buying, but the "fat, dumb and happy" central bank won't do that just yet, a strategist tells CNBC.
We're heading into the end of the heavy period of earnings season. Next week more than a quarter of the S&P 500 is set to report, including big names in media.
Keep buying pullbacks in the stock market until the three most influential Fed policymakers "change their tune," Fortress Investment Group's Michael Novogratz told CNBC.
t’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Cramer makes the call on viewer favorites.
*Prelios picks Feidos over U.S. fund Fortress. MILAN, Oct 11- Loss-making property manager Prelios has chosen Italian consortium Feidos over U.S. fund Fortress for exclusive talks on a rescue deal, it said on Thursday. Feidos's offer for Prelios envisages a 135 million-euro share issue, a source close to Prelios's board told Reuters on Thursday.
--New York- based alternative asset management company Fortress Investment Group. Rating Action On Oct. 9, 2012, Standard& Poor's Ratings Services raised its long-term counterparty credit rating on FIG LLC to' BBB' from' BBB-'. Accordingly, we analyze the entire Fortress Investment Group to arrive at our rating on FIG LLC.
Oct 9- Fortress Investment Group:. *Says pays off all remaining corporate debt. of $189.3 million as of June 30, 2012.
MILAN, Oct 8- The board of loss-making Italian real estate group Prelios will meet on Thursday, a person familiar with matter said, as it seeks to secure a rescue deal after being brought low by writedowns on property investments in a weak economy.
U.S. stocks rose for a fourth session on Thursday following encouraging comments by European Central Bank President Mario Draghi on tools to tackle the region's debt crisis and in support of the euro. **COLLABRX INC, $6.9, up 83.3 pct.
*Carlyle bought 55 percent stake in Vermillion* Paid with cash and shares in itself* Deal represents major expansion within alternative assets By Greg Roumeliotis and Josephine Mason.
By Greg Roumeliotis and Josephine Mason. NEW YORK, Oct 2- Carlyle Group LP said on Tuesday it had bought a majority stake in a commodities-trading hedge fund manager, its biggest leap yet in an expansion that has seen it diversify from private equity into other alternative asset classes.
NEW YORK, Oct 2- Carlyle Group LP said on Tuesday it would buy a majority stake in a commodities-trading hedge fund manager, its biggest leap yet in an expansion that has seen it diversify from private equity into other alternative asset classes.
FRANKFURT, Oct 2- German real estate company Gagfah is seeking bids for the 38,000 flats it plans to sell in the city of Dresden by the end of the week, according to people with knowledge of the matter.
Briger is a principal and co-chairman of the board of the investment management firm Fortress Investment Group LLC and a former partner at Goldman Sachs.
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