Carl Icahn is still backing Donald Trump despite his 'salacious' talk about...
Billionaire hedge fund manager Carl Icahn is still backing Donald Trump in the US election, despite the Republican candidate's denigrating comments about women.Icahn, 80, reaffirmed his support for...
View ArticleOne of Carson Block's shorts is sliding after he tweeted some bad news about...
(Reuters) - St. Jude Medical Inc warned on Tuesday that some of its implanted heart devices were at risk of premature battery depletion, a condition it said had been linked to two deaths.News of the...
View ArticleHere's the brutal presentation that led Buffalo Wild Wings to shake up its board
Buffalo Wild Wings is shaking up its board two months after an activist investor publicly ripped apart the company.On Tuesday, the company announced it was appointing three new independent directors,...
View Article2 former traders at Izzy Englander's Millennium have reunited to launch a new...
Two former staffers at Izzy Englander's Millennium Management are launching a new hedge fund.The New York-based investment firm, Carbon Investment Partners, is scheduled to launch November 1 with $10...
View ArticleDavid Tepper: One presidential candidate is 'demented, narcissistic, and a...
David Tepper, the CEO and founder of the hedge fund Appaloosa Management, is not one for mincing words.And in a wide-ranging interview with CNBC's Scott Wapner on Monday, he had some choice words for...
View Article5 hedge fund recruiters told us the hottest trends in hiring
Hedge funds are having a rough time.Several storied managers are posting dismal performance, while others are closing shop entirely.At the same time, the industry is known for being lucrative, turning...
View ArticleCredit Suisse traders are prepping one of the biggest hedge fund launches...
Credit Suisse traders are prepping one of the biggest hedge fund launches this year.Qube, a quantitative-oriented hedge fund owned by Credit Suisse, has just opened its doors for business.The fund,...
View ArticleTroubled hedge fund Platinum just filed for bankruptcy
Two Platinum Partners hedge funds have sought U.S. Chapter 15 bankruptcy protection as part of an ongoing liquidation effort, according to court documents filed in New York federal court Tuesday.In...
View ArticleROSENSTEIN ON TRUMP: 'Never interfere with an enemy while he’s in the process...
Activist investor Barry Rosenstein, the head of multi-billion dollar fund JANA Partners, expects Hillary Clinton to win the US presidential election.He said on CNBC's Halftime Report that Clinton...
View ArticleKyle Bass is thinking about inflation all wrong, wrong, wrong
In an interview with CNBC, Kyle Bass, founder of hedge fund Hayman Capital, made a blast-from-the-past prediction about 2017."You have wages up, you have real estate rent moving up, now you have...
View ArticleHedge funds are getting whacked, and it could spell bad news for the global...
Hedge funds' dismal performance might be a warning sign to the greater economy.Several hedge funds have blamed their poor performance on central bankers, whose low interest rates, in the funds' view,...
View ArticleRAOUL PAL ON US ELECTION: 'Volatility is way too low'
Americans have a big decision to make in next month's presidential election, but markets don't seem to know how to account for it, according to Raoul Pal, a former hedge fund manager."Volatility is way...
View ArticleThe hedge fund pain isn't stopping as investors yank more assets
More investors are redeeming from hedge funds, according to an eVestment report released on Wednesday.Investors pulled about $10.3 billion from hedge funds last month, bringing the net total amount...
View ArticleDavid Tepper tells us the most dangerous place to put your money
David Tepper, founder of Appaloosa Management, needs little introduction. After leaving Goldman Sachs to start his $19 billion hedge fund in 1993, he's had one of the best track records on Wall Street....
View ArticleA former hedge fund quant is exposing the dark side of our growing dependence...
Whether we know it or not, complex algorithms make decisions that affect nearly every aspect of our lives, determining whether we can borrow money or get hired, how much we pay for goods online, our TV...
View ArticleHow a hedge fund legend took time out, busked on the New York subway, and...
Peter Muller is one of Wall Street's revered quant traders – but a work imbalance early in his career nearly derailed him.Muller joined Morgan Stanley as a trader in 1992 and launched PDT, or Process...
View ArticleA hedge funder wrote a song about what it's like to be a divorced billionaire...
Hedge funders — they're just like us. Sort of.Pete Muller, who runs the $5 billion quant hedge fund firm PDT Partners, performed with his band on Thursday evening for a New York charity event.There...
View ArticleBill Ackman is shaking up his hedge fund's fee structure after another year...
Billionaire investor Bill Ackman's Pershing Square Capital Management is offering its hedge fund clients new fee arrangements following a second straight year of losses, according to a letter to...
View ArticleA hot new hedge fund backed by Stan Druckenmiller is closing in on a big launch
A hot new hedge fund backed by investing legend Stan Druckenmiller is set to launch Tuesday, November 1 with several hundred million dollars under management.David Rogers and Joshua Donfeld, who left...
View ArticleDAVID EINHORN: 'Central bankers behave as if we're still in crisis'
The Federal Reserve is looking for trouble, according to David Einhorn's Greenlight Capital.In an investor letter sent Friday, Greenlight said that "we have central bankers who are determined to see...
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