"The company desperately needs new management who are willing to put stakeholders' benefits first," Orkun Kilic, a portfolio manager at the New York- based firm, told Reuters on Monday. The hedge fund led by billionaire investor John Paulson said it held a stake of 6.08 percent in Premier Foods as of July 6. Influential shareholder advisory firms ISS, Glass Lewis and...
BOSTON, June 28- Billionaire investor John Paulson's top real estate executives are launching their own investment firm with $1 billion and the hedge fund manager's blessing, sources familiar with the matter said. Michael Barr, a portfolio manager who headed real estate investing at Paulson& Co, and Jonathan Shumaker, a Paulson partner, will be spinning out the...
*Finance leaders of the closest U.S. allies vented anger over the Trump administration's metal import tariffs on Saturday, ending a three-day meeting with a stern rebuke of Washington and setting up a heated fight at a G7 summit next week in Quebec. *China warned the United States on Sunday that any agreements reached on trade and business between the two...
TORONTO/ VANCOUVER, June 1- U.S. hedge fund Paulson& Co, led by long-time gold bull John Paulson, is set to name a group of investors that will work together to try to drive changes and better returns from gold mining companies after years of dismal industry performance, according to people familiar with the situation. The Shareholders Gold Council, expected to be...
April 11- Paulson& Co, the hedge fund firm led by billionaire investor John Paulson, has taken a stake in Viacom Inc as the U.S. media company has started to turn around its business, Paulson told Reuters in an interview. CBS and Viacom, both of which are controlled by media moguls Shari and Sumner Redstone, began exploring a merger in February. A merger of CBS, which owns...
The Wall Street Journal reports that John Paulson owes $1 billion in taxes, one of the biggest tax bills ever.
John Paulson, a onetime leader in the hedge-fund industry, owes about $1 billion in federal and state taxes this year: WSJ.
April 11- Paulson& Co, the hedge fund firm led by billionaire investor John Paulson, has taken a stake in Viacom Inc as the U.S. media company has started to turn around its business amid a challenging landscape, Paulson told Reuters in an interview. CBS and Viacom, both of which are controlled by Shari and Sumner Redstone, began exploring a merger in February.
The New York Post says Paulson & Co. laid off employees, including senior executives.
*Spot gold inched up 0.1 percent to $1,351.96 an ounce, as of 0202 GMT. The bullion touched $1,355.50 on Wednesday, its highest since Jan. 26. *The Commerce Department said on Wednesday that U.S. retail sales decreased 0.3 percent last month, the largest decline since February 2017, as households cut back on purchases of motor vehicles and building materials.
NEW YORK, Feb 14- New York- based Paulson& Co, led by longtime gold bull John Paulson, kept its stake in gold investments during the fourth quarter of 2017, while other heavyweights including Soros Fund Management LLC, Jana Partners LLC and Caxton Corp all remained unexposed to the metal. Paulson& Co kept its stake in SPDR Gold Trust at 4.36 million shares during the...
New York-based hedge fund Paulson & Co. on Monday reported a 6.3 percent stake in embattled Canadian drugmaker Valeant Pharmaceuticals.
Hedge fund billionaire John Paulson has joined the board of Valeant Pharmaceuticals.
Senior executives are said to be exiting hedge fund Paulson & Co as some portfolios suffer losses and assets dip.
Charles Murphy's Fairfield Greenwich fund had invested $7 billion with Madoff before it became known that Madoff was running a Ponzi scheme.
Soros Fund Management got out of gold in the fourth quarter of 2016 while Paulson & Co. reduced its stake in SPDR Gold Trust.
Hedge fund billionaire John Paulson has increased his long stock holdings after Donald Trump's election win.
The hedge fund manager echoed many in the business community who are optimistic about the Trump administration's policies.
Goldman Sachs trader and bank chief executive, Steven Mnuchin has long been a member of the financial elite, the NYT reports.