Category Archives: Syndicated
Morgan Stanley Knew of a Star’s Alleged Abuse. He Still Works There.
(CNBC)”He threatened to burn down my house with me in it,” one woman wrote in her application for a restraining order. “I don’t know what he’s going to do next,” a second wrote. “He choked me so hard it left […]
Walmart Talking With Humana on Closer Ties; Acquisition Possible
(Reuters) U.S. retailer Walmart Inc is in early-stage talks with health insurer Humana Inc about developing closer ties, with the acquisition of Humana being discussed as one possibility, people familiar with the matter said on Thursday…..Should the talks lead to […]
Alibaba Enters Top 20 List of Most Widely Held Inst Stocks
(Evestment) Chinese global e-commerce firm Alibaba entered the list of top 20 stocks owned by institutional investors through their asset managers for the first time since eVestment began publishing its Institutional Stock Ownership Report. Alibaba entered the list at No. […]
Spotify listing could be roller coaster for retail investors
(The Business Insider) Spotify Technology SA’s unusual stock market debut earlier this week levels the playing field for individual investors who are normally at a disadvantage in traditional listings, but could also make them more vulnerable to swings in the […]
An $11 Billion Victory for Hostility (and Hedge Fund Arbs)
(Bloomberg) Hostile bids are never easy but the success of the bitterly contested takeover of U.K. engineer GKN Plc shows that the effort can still pay off even in today’s highly politicized M&A climate.The winning buyer, Melrose Industries Plc, has […]
Quant Style Slump That Strategists Foretold Finally Arrives
(Bloomberg) If you’ve been cursing at technology stocks for the past two days, there’s another corner of the market that’s perhaps just as deserving of your anger. It’s called momentum — quant jargon for stocks that have performed the best […]
Tesla is Just Months From a Total Collapse, Says Hedge-Fund Manager
(Marketwatch) Unless Elon Musk “pulls a rabbit out of his hat,” Tesla will be bankrupt within four months, says John Thompson of Vilas Capital Management. “Companies eventually have to make a profit, and I don’t ever see that happening here,” […]
Connecticut Borrows at Higher Price as Credit Woes Weigh
(Reuters) Connecticut paid a price for its credit woes on Wednesday as it borrowed $620 million at wider spreads than when it last issued similar debt a year ago, despite strong overall demand in the U.S. municipal bond market. Connecticut’s […]
Elliott Sees no Need for May Vote on T. Italia board if April AGM Backs Fund
(Reuters) Elliott Advisors does not believe Telecom Italia shareholders will need to choose a new board in May if they back the board candidates proposed by the activist investor at a meeting next month, the hedge fund said on Wednesday. […]
Simon Finch joins Man Group
(Reuters) Man Group, the active investment management firm, today announces that Simon Finch is joining the firm as CIO of Credit at Man GLG, its discretionary investment management engine. In this newly created role, Simon will be responsible for Man […]
Mark Patricof is Leaving Houlihan Lokey to Start Something ‘Big’
(New York Post) Houlihan Lokey Managing Director Mark Patricof is leaving the New York investment bank at the end of the week, The Post has learned. Patricof, who helped shop Gawker Media to potential buyers in 2015 — leading to […]
Hedge Fund Industry Alive & Kicking
(Hedgeweek) The industry returned a healthy 11.41 per cent and attracted net new inflows of USD49.5 billion to take total industry AUM to USD3.55 trillion. Multi-strategy funds proved to be the most popular, according to Preqin’s 2018 Global Hedge Fund […]