×

Hedge Funds John Paulson

  • WASHINGTON/ BOSTON, April 16- In a White House marked by infighting, top economic aide Gary Cohn, a Democrat and former Goldman Sachs banker, is muscling aside some of President Donald Trump's hard-right advisers to push more moderate, business-friendly economic policies. More than half a dozen sources on Wall Street and in the White House said Cohn has gained the...

  • WASHINGTON/ BOSTON, April 16- In a White House marked by infighting, top economic aide Gary Cohn, a Democrat and former Goldman Sachs banker, is muscling aside some of President Donald Trump's hard-right advisers to push more moderate, business-friendly economic policies. More than half a dozen sources on Wall Street and in the White House said Cohn has gained the...

  • April 13- American International Group Inc's board of directors declined to award Chief Executive Officer Peter Hancock a cash bonus for his work last year, after the company's dismal financial performance roiled shareholders, according to a proxy filing on Thursday. The figure includes his $1.6 million base salary, longer-term incentive pay in stock worth...

  • JOHN PAULSON, AN AIG BOARD MEMBER, LARGE SHAREHOLDER AND HEDGE FUND MANAGER, TO LEAVE BOARD- PROXY.

  • Bernard Madoff

    Charles Murphy's Fairfield Greenwich fund had invested $7 billion with Madoff before it became known that Madoff was running a Ponzi scheme.

  • BOSTON, March 14- Valeant Pharmaceuticals Inc's stock price fell to its lowest level in eight years on Tuesday after the abrupt exit of its biggest supporter put renewed focus on the Canadian company's most pressing problem: raising capital to cut its roughly $30 billion debt pile. On Tuesday, the Canadian company's U.S. listed shares dropped 10 percent to...

  • March 9- American International Group Inc said on Thursday its Chief Executive Peter Hancock will step down, a decision he made after poor financial performance frustrated shareholders and the insurer's board of directors. In a joint statement, neither he nor Chairman Douglas Steenland gave any clues as to who might replace him. AIG's shares were down 0.4...

  • March 9- American International Group Inc said on Thursday its Chief Executive Peter Hancock will step down, a decision he made after poor financial performance frustrated shareholders and the insurer's board of directors. In a joint statement, neither he nor Chairman Douglas Steenland gave any clues as to who might replace him. AIG's shares were down 0.25...

  • March 9- American International Group Inc said on Thursday Chief Executive Peter Hancock will step down, a decision he made after a string of poor financial performance frustrated shareholders and the insurer's board of directors. In a joint statement, neither he nor Chairman Douglas Steenland gave any clues as to who might replace him. Billionaire activist...

  • March 9- American International Group Inc said on Thursday Chief Executive Peter Hancock will step down after the insurer's widening losses stung investors, including billionaire Carl Icahn. Hancock had faced questions about his ability to carry out a two-year turnaround plan that targets returning $25 billion to shareholders after AIG reported an...

  • Feb 27- American International Group Inc's directors are discussing whether to penalize or oust Chief Executive Peter Hancock over a major setback in the insurance firm's turnaround plan, the Wall Street Journal reported, citing people familiar with the matter. AIG's net loss widened to $3.04 billion, or $2.96 per share, in the fourth quarter ended Dec. 31, from...

  • Feb 21- Insurance giant American International Group Inc has reached a deal to sell one of its lesser-known assets: a northern Vermont ski slope. Vail Resorts Inc, a Broomfield, Colorado- based company that runs mountain resorts, has signed a $50 million agreement to buy the ski operations of Stowe Mountain Resort from AIG's real-estate business, the resort...

  • LONDON/ BOSTON, Feb 21- Stock market optimism about U.S. The level of shorts- a bet that a stock will fall- taken out against the Dow Jones Industrial Average jumped 13 percent in the 30 days to Feb. 20, while shorts against Europe's STOXX 600 rose 18 percent over the same period, data from FIS' Astec Analytics showed. But hedge fund managers like Seth Klarman, who has been...

  • LONDON/ BOSTON, Feb 21- Stock market optimism about U.S. The level of shorts- a bet that a stock will fall- taken out against the Dow Jones Industrial Average jumped 13 percent in the 30 days to Feb. 20, while shorts against Europe's STOXX 600 rose 18 percent over the same period, data from FIS' Astec Analytics showed. But hedge fund managers like Seth Klarman, who has been...

  • LONDON/ BOSTON, Feb 21- Stock market optimism about U.S. The level of shorts- a bet that a stock will fall- taken out against the Dow Jones Industrial Average jumped 13 percent in the 30 days to Feb. 20, while shorts against Europe's STOXX 600 rose 18 percent over the same period, data from FIS' Astec Analytics showed. But hedge fund managers like Seth Klarman, who has been...

  • LONDON/ BOSTON, Feb 21- Stock market optimism about U.S. The level of shorts- a bet that a stock will fall- taken out against the Dow Jones Industrial Average jumped 13 percent in the 30 days to Feb. 20, while shorts against Europe's STOXX 600 rose 18 percent over the same period, data from FIS' Astec Analytics showed. But hedge fund managers like Seth Klarman, who has been...

  • Feb 21- Insurance giant American International Group Inc has reached a deal to sell one of its lesser-known assets: a northern Vermont ski slope. Vail Resorts Inc, a Brookfield, Colorado- based company that runs mountain resorts, has signed a $50 million agreement to buy the ski operations of Stowe Mountain Resort from AIG's real-estate business, the resort...

  • John Paulson

    Soros Fund Management got out of gold in the fourth quarter of 2016 while Paulson & Co. reduced its stake in SPDR Gold Trust.

  • Feb 14- American International Group Inc, the largest commercial insurer in the United States and Canada, reported a bigger-than-expected quarterly loss, largely due to a $5.6 billion reserve charge to cover possible future claims. AIG's net loss widened to $3.04 billion, or $2.96 per share, in the fourth quarter ended Dec. 31, from $1.84 billion, or $1.50 per share,...

  • NEW YORK, Feb 14- Soros Fund Management LLC got out of gold in the fourth quarter of 2016 while Paulson& Co reduced its stake in SPDR Gold Trust, as bullion prices saw their weakest quarterly performance in 3-1/ 2 years, regulatory filings showed on Tuesday. New York- based Paulson& Co, led by longtime gold bull John Paulson, cut its stake in SPDR Gold Trust to 4.4 million...