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Six Brilliant Hedge Fund Managers Played In A Secret Poker Tournament Last Night
Last night, six of Wall Street's brightest hedge fund managers met at the Borgata in Atlantic City for a secret charity poker tournament hosted by Bloomberg TV.The event was called "Poker Night On Wall...
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Inside Last Night's Poker Tournament With Hedge Funders, Poker Pros, And...
Hundreds of hedge fund professionals filled Gotham Hall in Midtown Manhattan last night for the 4th annual "Take 'Em To School" charity poker tournament. This year's event raised funds for Education...
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Leon Cooperman's Hedge Fund Is Moving To Midtown
Billionaire hedge fund manager Leon Cooperman's Omega Advisors just signed a lease to occupy a floor in a 41-story in Midtown Manhattan skyscraper 810 Seventh Avenue.From the press release: Omega...
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SAC Capital Has Been Indicted By A Federal Grand Jury
Steve Cohen's $14 billion SAC Capital Advisors has been indicted by a federal grand jury in New York on criminal charges of insider trading. SAC has been charged with four counts of securities fraud...
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Air Products' Shares Are Ripping On A Rumor That It's The Target Of An...
Over the past couple weeks, folks on the Wall Street have been trying to figure out activist investor Bill Ackman's newly created special purpose vehicle's single stock target.Ackman, who runs Pershing...
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SAC Capital Responds To Criminal Charges Of Insider Trading Against The Firm
Steve Cohen's $14 billion SAC Capital Advisors broke its radio silence moments ago to respond to today's federal indictment against the firm on criminal charges of insider trading.Via CNBC's Kayla...
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GASPARINO: Steve Cohen's Friend Anthony Scaramucci Has Pulled Most Of His...
SkyBridge Capital, a fund-of-funds run by Anthony "The Mooch" Scaramucci, has taken most of SkyBridge's money out of embattled SAC Capital Advisors, Fox Business Network's senior correspondent Charlie...
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GASPARINO: I Heard That Steve Cohen Looks Terrible And Has Gained 15 Pounds
Fox Business Senior Correspondent Charlie Gasparino, who has written a book on insider trading called "Circle of Friends,"has a piece in TIME following today's criminal indictment of $14 billion SAC...
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SAC Capital Pleads 'Not Guilty' To Five Charges Of Criminal Insider Trading
Defense lawyers for Steve Cohen's $14 billion SAC Capital Advisors pleaded not guilty to all five criminal charges of insider trading during an arraignment this morning at a federal court in Lower...
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The SAC Case Is The Holy Grail For Regulators
Here's a fact likely in the back of Steve Cohen's mind: Manhattan U.S. Attorney Preet Bharara's office has won convictions or guilty pleas in 100% of presented cases.And regulators are even more eager...
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David Einhorn Has Closed His JCPenney Short Position And The Stock Is Spiking...
Greenlight Capital's David Einhorn closed out his JCPenney short position in the second quarter, according to a letter sent to investors, Reuters Katya Wachtel reports."J.C. Penney (short): This was...
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DAVID EINHORN: The Market's Rapid Advance May Be Creating An Unstable Condition
Hedge fund manager David Einhorn, who runs $8 billion Greenlight Capital, sent out his second-quarter letter to investors. In it, the famed fund manager gives his observation of what he thinks is going...
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Shares Of A Fertilizer Company Are Ripping After Dan Loeb Reveals A Stake
Shares of nitrogen and phosphate fertilizer manufacturer CF Industries are ripping after Dan Loeb's Third Point LLC said in an investment letter that it had taken a stake.From the letter: Equity...
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Herbalife Beats On Earnings And The Stock Is Soaring (HLF)
Nutritional supplement-seller Herbalife beat second quarter earnings estimates.For the second quarter, Herbalife posted adjusted EPS of $1.41 and sales of $1.22 billion.On average, analysts were...
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Hedge Funds Are Buying Up Detroit Bonds So Fast There's A Waiting List
When Detroit filed for bankruptcy two weeks ago, Wall Street asked the obvious question — how can we make money off this?That didn't take long to answer.CNNMoney is reporting that the Detroit municipal...
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After Losing Hundreds Of Millions Shorting Herbalife, Bill Ackman Digs In And...
Hedge fund manager Bill Ackman, who runs $12 billion Pershing Square Capital Management, just sent out a five-page press release on Herbalife — the stock he is massively short.So far, the short hasn't...
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FBI Agents Arrest Tech Analyst Sandeep Aggarwal For Leaking Non-Public Info...
San Francisco-based technology sell-side analyst Sandeep Aggarwal was arrested yesterday by FBI agents in San Jose, California on insider trading charges, the FBI New York bureau Tweeted.Today, the...
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Dan Loeb Is Fed Up With Sony Entertainment's Sloppy Attempts At Making Summer...
It’s no more Mr. Nice Guy for the founder of hedge fund Third Point, a major investor in Sony. In a letter to his investors today, Daniel Loeb says he’s fed up with the performance of the electronics...
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A Hedge Fund Tattled On The Tech Analyst Who Was Arrested For Allegedly...
Former tech analyst Sandeep Aggarwal was arrested and charged today for leaking non-public information to a former SAC Capital portfolio manager.Aggarwal is accused of leaking confidential deal talk...
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Shares Of Bill Ackman's New Investment Are Spiking In Pre-Market Trading
Bill Ackman still has his bounce.This morning the hedge fund manager announced his biggest stake ever — 9.8% in industrial gas product maker Air Products International, according to CNBC's Maneet...
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