AIG posted earnings below analysts' most pessimistic estimates and announced restructuring, which a source said includes job cuts.» Read More
July 27- Puerto Rico may sport palm trees, pristine beaches and glorious weather but its tourism industry is losing out to rival Caribbean islands- and that is holding the U.S. territory back at a time when its deeply troubled economy most needs a fillip. Rick Newman, who owns and operates the Verdanza Hotel in the popular beachside tourist strip of Isla Verde, says...
*Paulson expected to put pressure on Syngenta board. July 15- Hedge fund Paulson& Co has taken a stake in Syngenta AG and could push for the Swiss pesticide maker's board to accept a takeover offer from U.S. seed company Monsanto Co, people familiar with the matter said. Monsanto, the world's largest seed company, has made a $45 billion bid for Syngenta that the Swiss...
July 14- Hedge fund Paulson& Co has taken a stake in Syngenta AG,, and could push for the board of directors of the Swiss pesticide maker to accept a takeover offer from U.S. seed company Monsanto Co, people familiar with the matter said on Tuesday. Monsanto, the world's largest seed company, made a $45 billion bid for Syngenta that the Swiss company rejected.
Billionaire hedge fund manager John Paulson is setting up to bet more on Europe with a new "event" fund.
LONDON/ BOSTON, June 29- Greece's worsening debt crisis threatens to derail the best start to the year for global hedge funds since 2009, as a bitter standoff between Athens and its creditors rattles financial markets. Greek lawmakers on Sunday authorized a July 5 referendum that will let the people of Greece vote yes or no on creditor demands for economic...
Billionaire investor John Paulson is looking to make more money on health care.
CAMBRIDGE, Mass., June 3- Harvard University, which has educated many of the world's wealthiest investors, is now getting its biggest single gift from one them- a $400 million donation from Wall Street hedge fund investor John Paulson. The 59- year old financier said the gift was his way of thanking the Ivy League school for providing him and others with a top flight...
The donation comes from John Paulson, the billionaire money manager behind Paulson & Co., who graduated from Harvard Business School.
BOSTON, June 3- Harvard University, which has educated many of the world's wealthiest investors, is now getting its biggest single gift from one them: a $400 million donation from Wall Street hedge fund mogul John Paulson. The 59- year old investor, who credits his Harvard Business School education for success at his $19 billion firm Paulson& Co, said he hoped the...
Carl Icahn's big bet on Apple is now one of the greatest trades of all time.
Seven years removed from a near-death experience during the financial crisis, Ken Griffin's Citadel is more powerful than ever.
Hedge funds that catch macroeconomic trends using algorithms made a killing in the first quarter, besting other investing styles.
CNBC's Kate Kelly reports on hedge fund manager John Paulson¿s 2015 performance. Some big gainers include Mallinckrodt, Align Technology, and Shire PLC.
Greece is once again a bet reserved for the bravest of investors, including hedge funds Third Point, York, Greylock and Alden.
Hedge fund investors like Goldman Sachs, SkyBridge and GAM predict the best hedge fund strategies for the new year.
Some of America's biggest and most influential hedge funds are investing heavily in Chinese tech giant Alibaba.
After salivating at the Alibaba IPO, hedge fund managers lucky enough to buy in early are indeed getting a nice kick to their returns.
Hedge fund billionaire John Paulson netted $1.3 billion on an M&A deal, and Carl Icahn and Bill Ackman are "trading places" on Herbalife, reports CNBC's Kate Kelly.
Billionaire money manager John Paulson still thinks buying a home to live in is the best investment possible.
John Paulson correctly anticipated merger activity in the energy sector, making him one of the big winners of Whiting's purchase of Kodiak.