A LITTLE-known hedge fund manager has bought almost eight per cent of Holmes Place just over two weeks before the troubled health club chain delists from the stock market and is acquired by itsmanagement. Strangely, SISU Capital has no plans […]

ROMAN Abramovich’s takeover and spending spree at Chelsea has sent a shiver through England’s elite football clubs. Until the billionaire Russian’s appearance, Premiership clubs believed the era of inflated transfer deals was over and they could focus on rebuilding their […]

A HEDGE fund manager in America shocked Wall Street by announcing that he had bought significant stakes in two healthcare companies without even noticing. Scott Sacane, who runs Durus Capital Management in Connecticut, admitted last week that he had ‘inadvertently’ […]

Aug. 3–Some good news at last for Italian carmaker Fiat has brightened its immediate prospects but clouds on the horizon continue to threaten the company’s long-term future. The beginning of the week did not augur well for Italy’s largest industrial […]

Aug. 3–What does it mean when companies miss their numbers? If you own a diversified portfolio, you may be sitting bolt upright and saying to yourself, “What do you mean they missed their number, and what have you done to […]

Comcast, the largest U.S. cable operator, has posted a narrower second-quarter loss and reported solid gains in revenue and cash flow. Wall Street was generally pleased with the figures on Thursday,particularly because the company also raised its forecast for increases […]

Average annual pay for workers at FTSE 100 companies ranges from pounds 8,480 to more than pounds 84,000, the Guardian’s annual survey reveals. The lower reaches of the pay league are dominated by companies from just three industries – overseas […]

Aug. 1–The SMEs Venture Capital Fund, managed by One Asset Management Co, is concerned about growing competition from banks as a source of funds for small and medium-sized enterprises. Many of the state-initiated fund’s potential clients have instead sought financing […]

On paper, Multi-Color Corp.’s latest acquisition doesn’t look like much. The Cincinnati-based label and packaging company in July acquired the heat transfer label business of International Playing Card & Label Co. for an undisclosed amount. With just a few million […]

NEW DELHI, Aug. 1 (IPS/GIN) — India’s exporters are worried by a phenomenon not seen in decades – the steady appreciation of the rupee over the dollar and foreign exchange reserves hovering abovethe $80 billion mark. Particularly concerned at the […]

Tokyo, Aug. 1 (Jiji Press)–The dollar retained its strength above 120 yen in Tokyo Friday amid a wait-and-see mood ahead of the releases later in the day of major U.S. economic indicators like Julyjobs data. At 5 p.m., the dollar […]

Call it the retailization of hedge funds. Once limited to investors who could afford to plunk down upwards of $1 million, hedge funds–those private investment pools that employ a variety ofsophisticated (and sometimes risky) techniques in an attempt to make […]