Billionaire investor John Paulson's hedge fund, which had earlier said the deal was too expensive, also reduced its stake in Callon but did not give any details on its latest holding. The new terms value Carrizo at about $723 million, compared with the original offer of $1.2 billion in July. Paulson had called out the earlier 25% premium as too steep and that Callon...
Billionaire investor John Paulson's hedge fund, which did not give any details on its latest shareholding, had a 9.5% stake in Callon as of Nov. 6. Callon on Thursday cut its offer for rival Carrizo to about $723 million from $1.2 billion in July. Paulson had earlier opposed the deal saying that a 25% premium for the acquisition was too steep and that Callon would...
NEW YORK, Nov 12- U.S. President Donald Trump on Tuesday took aim once again at the Federal Reserve for its interest rate policy in a highly anticipated speech that offered no fresh details on his administration's long-running trade war with China. With financial markets from frothy stocks to jittery bonds eager for word about the state of talks between...
Many of the biggest winners on Wall Street who made billions during the financial crisis have suffered in the last decade.
Steinway Musical Instruments has attracted takeover interest from China Poly Group, Bloomberg reported on Monday citing sources.
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.
The New York Post says Paulson & Co. laid off employees, including senior executives.
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.
Hedge fund billionaire David Tepper tells CNBC that a "fairly bad choice" of presidential candidates is "affecting things."
Democratic presidential contender Hillary Clinton remains by far the favored candidate among hedge-fund managers.
Michael Sweeney, who had been Steinway & Sons CEO since 2011, left in mid-August for unknown reasons.