Clik here to view.
Bill Ackman's biggest stock holding is getting hammered
Activist investor Bill Ackman's biggest stock holding is getting demolished. Shares of Valeant Pharmaceuticals plummeted on Monday after Democrats on the House Oversight and Government Reform Committee...
View ArticleClik here to view.
Twitter has created an entirely new Wall Street ecosystem — here are the...
Traders are turning to Twitter to get in front of big market-moving trends.That in turn is creating an eco-system of companies looking to make sense of Twitter data and pull the signal from the noise....
View ArticleClik here to view.
Startups are setting up funds based on what is trending on Twitter (TWTR)
Startups that have built businesses parsing Twitter data to find buy and sell signals on stocks are looking to move into the investment gameMiami-based startup iSentium and New York-based Market...
View ArticleClik here to view.
The 33 richest hedge fund managers in the US
Forbes has released its annual "Richest People In America" list.The Forbes 400 always includes the biggest names in the hedge fund space. We counted 33 hedge fund managers this year.Fund managers Bill...
View ArticleClik here to view.
Inside Steve Cohen's groundbreaking 'Academy' poaching young talent from Wall...
One Monday afternoon in New York last month, students wrapped up a statistics exam and scarfed down some takeout before heading over to a macroeconomics class.For some, the exam had been an easy...
View ArticleClik here to view.
David Einhorn is on track for his second losing year ever
Greenlight Capital, the $11 billion fund run by David Einhorn,is having a brutal year.Reuters' Svea Herbst-Bayliss reports that Greenlight lost 3.6% in September, bringing its decline to about 17% for...
View ArticleClik here to view.
Bill Ackman's hedge fund had a brutal month
Pershing Square Capital, the $20 billion fund run by activist investor Bill Ackman, got crushed in September.The fund fell 12.5% during the month. It's now down 12.6% for the first nine months of this...
View ArticleClik here to view.
CHANOS: SolarCity's new, world's most efficient solar panel 'sounds nice...
Renewable-energy firm SolarCity announced Friday that it had developed the world's most efficient solar panel, and the market cheered.The stock was up over 6% around 3 p.m. EST. The new rooftop solar...
View ArticleClik here to view.
ACKMAN: I would do anything to get this guy elected
Hedge fund titan Bill Ackman said that he would do "anything in his power" to get former New York City Mayor Michael Bloomberg elected US president."My view is that Michael Bloomberg is going to run...
View ArticleClik here to view.
48 of the best hockey players on Wall Street
The NHL regular season kicks off on Wednesday night with four games being played.The game everyone on Wall Street will be watching is the New York Rangers versus the Chicago Blackhawks.Traditionally,...
View ArticleClik here to view.
Nuclear physicists, unreported exits, and huge losses: How an $80 million...
On September 11, Spruce Alpha, a small hedge fund that is part of a bigger investment group, sent a short report to investors.The letter said that the $80 million fund had lost 48% in a month,...
View ArticleClik here to view.
Lumber Liquidators has reached a $10 million settlement with the DOJ, and the...
Lumber Liquidators has reached a $10 million settlement with the US Department of Justice relating to a 2013 inquiry about the company using illegally imported timber from eastern Russia.The Lacey Act...
View ArticleClik here to view.
Kyle Bass scored a breakthrough in his short strategy — and big pharma should...
Big pharma should be scared.Texas hedge fund manager J. Kyle Bass' has scored a breakthrough in his big short strategy.On Wednesday afternoon, the US Patent Trial and Appeal Board, part of the US...
View ArticleClik here to view.
JOHN BURBANK: 'This is the next one'
John H. Burbank III, the chief investment officer of $4.1 billion Passport Capital, is warning of another crisis.This time, it will be a liquidity crisis.If the market sells off again there simply...
View ArticleClik here to view.
One of the hottest debates in hedge funds is starting to boil over
Bill Ackman, the hedge fund billionaire, looked calm at the Bloomberg "Most Influential" Conference on Tuesday.He usually does, especially when he's offering his help."I guess maybe I could help...
View ArticleClik here to view.
PAUL TUDOR JONES: The Fed is doing something it has never done before
Closely followed hedge fund manager Paul Tudor Jones II said on Bloomberg TV's new show "Bloomberg Go" that the Fed was in uncharted territory.Current global growth conditions are typically associated...
View ArticleClik here to view.
Drug pricing reform could be huge for big pharma — here is who has the most...
It has been a rough few months for pharmaceutical and healthcare companies.The overnight price hike of Daraprim, a drug to treat AIDs, cancer, and malaria, by a biotech company led by Martin Shkreli in...
View ArticleClik here to view.
This is the book on China that Jim Chanos thinks you should read
China's economy has been a historically muddy topic for Western writers to tackle, given heavy censorship laws and cultural difference.But according to billionaire hedge fund manager Jim Chanos, the...
View ArticleClik here to view.
Hedge fund titan Novogratz to leave Fortress after a brutal year (FIG)
Fortress Investment Group is planning to close its macro hedge fund, Bloomberg News reports, citing a person familiar with the matter.The Fortress Macro Fund, run by Michael Novogratz, fell 4.67% in...
View ArticleClik here to view.
IT'S OFFICIAL: Novogratz is out, macro fund shut down (FIG)
Fortress Investment Group has confirmed that it is closing its macro fund and that Michael Novogratz will retire at the end of the year.Novogratz, the macro fund's chief investment officer, will be...
View Article