Category Archives: Syndicated
Greenlight’s David Einhorn says the markets are broken and getting worse
(CNBC) Quant hedge fund firm Two Sigma Investments has named Sarah Moore Fass – currently Chief Human Resources Officer at Bridgewater Associates – as its new Chief People Officer, a role created to enhance the firm’s focus on talent and […]
SS&C reports hedge fund gains in October and positive investor inflows in November
(Hedgeweek) Hedge funds posted a 0.25% return in October according to the performance of the SS&C GlobeOp Hedge Fund Performance, while the SS&C GlobeOp Capital Movement Index recorded net inflows of 1.02% in November, signalling sustained investor confidence. To read […]
DE Shaw makes $108m Bayer short bet
(Hedgeweek) Hedge fund DE Shaw has taken a ($108m) short position against German multinational pharmaceutical and biotechnology company Bayer, according to a report by Reuters citing a regulatory filing made in Germany on Tuesday. To read this article:
Two Sigma taps Bridgewater HR head for new CPO role
(Hedgeweek) Quant hedge fund firm Two Sigma Investments has named Sarah Moore Fass – currently Chief Human Resources Officer at Bridgewater Associates – as its new Chief People Officer, a role created to enhance the firm’s focus on talent and […]
Liquidnet launches new liquidity-seeking algorithm
(Hedgeweek) Liquidnet has launched SmartDark, the latest algorithm for its equities platform, which is designed to enhance how institutional traders can execute trades through prioritised routing with larger executions and better price stability. To read this article:
Stock futures are little changed as postelection rally shows signs of wavering
(CNBC) U.S. stock futures were little changed Wednesday night, as the major averages’ postelection run began to show signs of stalling. Dow Jones Industrial Average futures rose by 7 points. S&P 500 futures were near the flatline, while Nasdaq 100 futures slipped 0.04%. To read […]
Activist Elliott pushing for Honeywell split
(Hedgeweek)Activist hedge find firm Elliott Investment Management has urged Honeywell International’s board to simplify its conglomerate structure, arguing the company could unlock significant value by separating its Aerospace and Automation divisions, according to a report by Alternatives Watch. To read […]
Bitcoin briefly tops $93,000 for the first time as investors digest postelection gains, inflation data
(CNBC) Bitcoin rose above $93,000 for the first time on Wednesday, adding to its postelection rally, as traders pored through October inflation data. The price of the flagship cryptocurrency was last higher by more than 1% at $91,201.09. At one point, it […]
AMD to lay off 4% of workforce, or about 1,000 employees
(CNBC) AMD said on Wednesday that it will lay off 4% of its global staff as the longtime computer chipmaker seeks to gain a stronger foothold in the growing artificial intelligence chip space dominated by Nvidia. ?As a part of aligning […]
Cisco reports fourth straight quarter of declining revenue
(CNBC) Cisco’s revenue dropped 6% in the quarter ended Oct. 26, from $14.7 billion a year earlier, according to a statement. Net income fell to $2.71 billion, or 68 cents per share, from $3.64 billion, or 89 cents per share, in […]
Asia-Pacific markets mixed after U.S. inflation report reinforces Fed rate cut expectations
(CNBC) The CPI came in line with expectations, accelerating slightly to an annual inflation rate of 2.6%. Core CPI, which straps out volatile food and energy prices, gained 3.3% last month, also matching expectations. To read this article:
Nissan sees stock surge after hedge fund-linked activist acquires 2.5% stake
(Hedgeweek) Nissan Motor shares climbed as much as 21% on Tuesday before closing up 13% – the highest jump in 15 years – following news that activist investor Suntera (Cayman) had taken a 2.5% stake in the company, according to […]
