Tag Archives: journalism
Ignore the Stock Market Until February
Wall Street Journal – Down in the morning, up in the afternoon. Or is it the other way around? The topsy-turvy stock market is tough to read. In the last year, the Dow Jones Industrial Average has briefly been over […]
Get Over The Hedge
Forbes – Hedge funds are to the modern stock market as sun spots were to electronics in the 1960s: a convenient scapegoat when things go wrong without an evident cause. But they probably aren’t to blame for last week’s poor […]
Congress goes after hedge funds
BloggingStocks – Congress will bring in a bunch of big hedge fund managers like George Soros and ask them why they make so much money. It will also try to figure out if they control too much of the trading […]
Hedge fund winners amid the rubble
International Herald Tribune – Bernard Drury is a rarity on Wall Street: a hedge fund manager who is making money, rather than losing it. While most hedge funds are declining this year and unsettling the markets in the process, a handful […]
Mizuho Said to Hire Ex-Lehman Electronic Trading Team
Bloomberg – Mizuho Financial Group Inc., Japan’s second-largest bank by revenue, will start electronic trading in Asia after hiring a team of 16 former Lehman Brothers Holdings Inc. employees, two executives familiar with the plan said. The team, led by […]
What crisis? Some hedge funds are gaining
International Herald Tribune – Bernard Drury is a rarity on Wall Street: a hedge fund manager who is making money rather than losing it. While most hedge funds are sinking into red this year and unsettling the markets in the process, […]
Even Healthy Hedge Funds Face Redemptions
Seeking Alpha – It’s a tough world out there – I saw in the Wall Street Journal the average hedge fund lost 18% in October. Considering what their mandate is i.e. hedge – that is amazing. September was awful as […]
Stock futures point to weaker Wall Street open
MSN MoneyCentral – Stock futures fell on Thursday, pointing to a weaker open on Wall Street, with the Dow Jones industrial average, the Nasdaq 100 and the S&P 500 share indexes down 1.4-2.8 percent. Highlights: * Walt Disney reports results […]
Last-hour US market madness seen abating for now
Reuters – In the past month, traders could have shown up on Wall Street at 3 p.m. and not have missed much. The last hour, even the last min utes, of trading seemed to be the only ones that mattered […]
Goldman may be set to post first quarterly loss
Reuters – Goldman Sachs could post its first ever quarterly loss as a public company in December, as market turmoil weighs on revenue for investment banking businesses and forces asset writedowns. One Wall Street analyst, Glenn Schorr at UBS, predicted […]
Investors Flee Boone Pickens’ Hedge Fund: Report
CNBC – About half of the investors in T. Boone Pickens’ energy-oriented equity hedge fund have asked to withdraw their money on the heels of losses of about 60 percent this year, the Wall Street Journal said, citing people close […]
Stocks point higher as global shares jump
WBT – U.S. stocks appeared headed for a rebound Tuesday as investors awaited the start of a two-day meeting of the Federal Reserve that is widely expected to bring another reduction in interest rates. The sharp rise in stock market […]
