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A Scottish man was just busted for an alleged stock scam involving fake...
James Alan Craig, of Dunragit, Scotland, allegedly made up Twitter accounts to replicate that of "well-known securities research firms," according to the Securities and Exchange Commission. Then he...
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A hedge fund manager perfectly captured what Bill Ackman is going through as...
Hedge fund manager Whitney Tilson sent around an email on Thursday that captures what activist investor Bill Ackman is going through with his massive money-losing investment in Valeant...
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Hedge funders can turn into frenemies really quick if an investment goes south
Hedge fund land is a dog eats dog world at the end of all things.The recent plight of hedge fund darling, Valeant Pharmaceuticals — whose stock has plummeted over 50% since October 21 — has erased $40...
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Hedge funds are lining up to fund the campaign to get Britain out of Europe
Some of the wealthiest individuals, financial institutions, and hedge funds are funding the attempt to persuade Britain to vote to leave the European Union.The Financial Times reports that hedge fund...
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Some big hedge funds got smacked by Valeant in October
BOSTON (Reuters) - Concentrated bets on Valeant Pharmaceuticals left some hedge funds nursing heavy losses last month when the industry darling's stock price tumbled nearly 50 percent.Nehal Chopra's...
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A 3-alarm fire broke out at Steve Cohen's Point72 Asset Management on...
On Saturday morning, a multi-alarm fire broke out at the headquarters of Point72 Asset Management (formerly SAC Capital), the $11 billion family office hedge fund run by billionaire Steven A....
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Valeant is hosting another conference call after Bill Ackman said the first...
The embattled Canadian drug company Valeant Pharmaceuticals said it would hold another conference call on Tuesday in the wake of its stock's plunge.The first call had been criticized by hedge fund...
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The queen of hedge funds is cutting some ties with her old employer
Hedge fund manager Leda Braga is cutting some ties with her old firm, BlueCrest Capital Management.Braga spun out her computer-driven firm Systematica Investments from BlueCrest in January.Now,...
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ACKMAN: People are betting against us
Hedge fund manager Bill Ackman just wrapped up a two-hour long conference call for Pershing Square Holdings."Obviously it’s been an interesting period, interesting in a negative way," Ackman began the...
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Wall Street bonuses are set to fall — and it's 'more than a blip'
Wall Street bonuses are likely to dip between 5% and 10% at big banks this year, according to an annual industry survey published by consulting firm Johnson Associates. But there's one big bright spot,...
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Bill Ackman made an awkward comment about Korean people and why pyramid...
Hedge fund manager Bill Ackman just made an awkward comment about Korean people in a quarterly conference call for Pershing Square Holdings.The Pershing Square founder was speaking about multilevel...
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Bill Ackman dropped a big hint about what Valeant will do next
During his hedge fund's quarterly conference call, Pershing Square CEO Bill Ackman dropped a big hint about what's next for his largest position, Valeant Pharmaceuticals."Fairly ... soon Valeant will...
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Now we know what scares Bill Ackman about Valeant
For weeks Pershing Square chief Bill Ackman has been pooh-poohing the controversy surrounding his largest holding, Valeant Pharmaceuticals.He's said that concerns about its relationship with a shady...
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Bill Ackman is going to want some answers from Valeant
Bill Ackman is going to want some answers from his largest holding, Valeant Pharmaceuticals, after its latest conference call turned into another disaster for the stock.A day ahead of Valeant's call...
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ACKMAN: 'Be fearful when others are fearful'
Hedge fund titan Bill Ackman just turned a Warren Buffett investing maxim on its head."Be fearful when others are fearful,"Ackman said on Wednesday at the Berkshire Hathaway 50th Anniversary Symposium...
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Here's Whitney Tilson's presentation explaining why Berkshire Hathaway's...
Hedge fund manager Whitney Tilson, the founder of Kase Capital, is a big Berkshire Hathaway bull.In a new presentation, Tilson asserts that Berkshire Hathaway's A shares could have a 45% upside in the...
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Bill Ackman slammed Warren Buffett's investment in Coca-Cola (KO, BRK, PSH)
Activist investor Bill Ackman threw some serious shade at Charlie Munger on Wednesday at the Berkshire Hathaway 50th Anniversary Symposium in New York after some comments the Berkshire executive made...
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SunEdison is getting obliterated
Renewable-energy firm SunEdison is down 14% after the company disclosed a number of cash commitments in its quarterly earnings report.Here are the details:According to an agreement SunEdison made in...
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Hedge funds are fighting over whether Britain should stay in Europe
Battle lines are being draw in London's small hedge fund community over the issue of whether Britain should stay within the European Union or not.And the deep pockets of those on either side means they...
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David Einhorn just shared his 'best idea' at the Robin Hood Conference
Hedge fund manager David Einhorn, the founder of Greenlight Capital, talked up his investment in Consol Energy at a private-investment conference on Monday.Einhorn shared Consol Energy as his "best...
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