Hedge Funds John Paulson

  • BENGALURU, Sept 24- Gold edged lower on Monday as the dollar held firm on news that China has canceled trade talks with the United States, with the market also eyeing this week's U.S. *Liquidity is expected to be thin during Asian hours as markets in Japan, China and South Korea are closed for a holiday. *China also canceled mid-level trade talks with the United States,...

  • TORONTO, Sept 21- Long-time gold bull John Paulson followed through on Friday on a pledge made last year to team up with other gold investors in an effort to work with management of companies in the gold sector to improve returns, according to the group, called the Shareholders Gold Council. The council includes Adrian Day Asset Management, Apogee Global Advisors,...

  • David Einhorn, president of Greenlight Capital.

    Many of the biggest winners on Wall Street who made billions during the financial crisis have suffered in the last decade.

  • *Spot gold was down 0.1 percent at $1,192.11 an ounce at 0110 GMT, after hitting its lowest since late January 2017 at $1,190.77. *President Tayyip Erdogan said on Tuesday that Turkey would boycott electronic products from the United States, retaliating in a row with Washington that has helped drive the lira to record lows. *New York- based Paulson& Co, led by longtime...

  • District Judge Paul Crotty in Manhattan said shareholders could sue as a group because Goldman had not shown it more likely than not that its alleged misstatements had no impact on its stock price. These CDOs included Abacus 2007 AC-1, the centerpiece of a probe that led to Goldman's $550 million settlement of civil claims by the U.S. Securities and Exchange...

  • Michael Nass (L) and Wolfgang Niedecken attend Steinway and Sons Sunburst Launch Event at Abbey Road Studios on February 6, 2018 in London.

    Steinway Musical Instruments has attracted takeover interest from China Poly Group, Bloomberg reported on Monday citing sources.

  • July 26- Activist investor John Paulson's hedge fund on Thursday nominated eight members to Detour Gold Corp's board and reiterated its call for a special shareholder meeting, ratcheting up pressure on the gold miner. The hedge fund's eight nominees include a former executive of Newmont Mining, a partner at Paulson& Co and the CEO of Gold Bullion International.

  • Detour said it had asked the Ontario Securities Commission to investigate Paulson, accusing it of "concerning and unlawful behavior." The hedge fund, run by billionaire John Paulson, has threatened to replace the company's board if it does not successfully explore strategic alternatives, including a sale, and look for a new chief executive.

  • July 18- Detour Gold said on Wednesday it had asked the Ontario Securities Commission to investigate activist investor Paulson and Co's campaign seeking change at the company, calling it "concerning and unlawful behavior." The hedge fund, run by billionaire John Paulson, has threatened to replace the company's board if it does not successfully explore...

  • July 18- Paulson and Co, a hedge fund run by activist investor John Paulson, said Detour Gold had received a buyout offer from another gold miner, sending the Canadian company's shares up 13 percent. Paulson was informed of the offer in an unsolicited letter by the company's interim chief executive officer, Michael Kenyon, last week, the hedge fund said in a...

  • "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...

  • Report: Hedge-fund manager owes $1 billion in taxes

    The Wall Street Journal reports that John Paulson owes $1 billion in taxes, one of the biggest tax bills ever.

  • John Paulson

    John Paulson, a onetime leader in the hedge-fund industry, owes about $1 billion in federal and state taxes this year: WSJ.

  • John Paulson

    The New York Post says Paulson & Co. laid off employees, including senior executives.

  • John Paulson

    New York-based hedge fund Paulson & Co. on Monday reported a 6.3 percent stake in embattled Canadian drugmaker Valeant Pharmaceuticals.

  • John Paulson

    Hedge fund billionaire John Paulson has joined the board of Valeant Pharmaceuticals.

  • Hedge-fund manager John Paulson

    Senior executives are said to be exiting hedge fund Paulson & Co as some portfolios suffer losses and assets dip.