Tag Archives: share price
Hedge Funds Eye 850p For Cadbury As ‘Fair Price’ Talk Swirls
Dow Jones – hedge funds are looking for Kraft Foods Inc. to offer at least GBP11.7 billion for Cadbury PLC as the confectioner’s chief executive, Todd Stitzer, reportedly accused the U.S. food conglomerate of letting Cadbury’s share price “drift.” One […]
Biovail Suit Against SAC Capital Thrown Out by Judge
Bloomberg – A Biovail Corp. lawsuit against SAC Capital Management LLC was thrown out by a New Jersey judge for failing to state a claim. Biovail accused hedge funds including SAC and Sigma Capital Management of conspiring in a short-selling […]
Strong payout near resolution
Milwaukee Journal Sentinel – Five years after regulators forced the sale of Strong Funds to Wells Fargo and Co. at the height of a national mutual fund scandal, investors in 24 former Strong Funds are moving closer to receiving their […]
Shorting not good bet for hedge funds
Gulf News – Short-selling, one of the few tactics that made money for hedge funds in 2008, has become a risky bet as prospects for equities have improved, while getting hold of stock to sell is harder as lenders shun […]
Swiss Hedge Fund Buy-Back Program Equalises Share Price With NAV
HedgeCo.net (West Palm Beach) – In order to achieve capital reduction, Swiss alternative investment company ALTIN AG has launched a share buyback program as part of a broader range of measures to reduce share price discount. The hedge fund company […]
Swiss Hedge Fund Manager Announces Equity Buyback and Investment Program
West Palm Beach (HedgeCo.net) – Swiss alternative investment company ALTIN AG has said it intends to maintain its share price by buying back between 5% and 10% of its own shares, its Board of Directors has also approved a capital […]
Soros Fund Fined $2.2 Million by Hungarian Regulator
Bloomberg – Billionaire investor George Soros’s Soros Fund Management LLC was fined 489 million forint ($2.2 million) for attempting to manipulate the share price of OTP Bank Nyrt., Hungary’s largest bank, the country’s financial regulator said. The Soros fund attempted […]
The hedge funds always win in the end
Independent – The collapse of Lloyds’ share price on Friday afternoon was deeply upsetting – and not just for shareholders in the bank. Two weeks ago, those annoying folk at Paulson & Co, the hedge fund that has made a […]
Paulson nets £100m from RBS slide
Guardian Unlimited – Billionaire hedge fund manager John Paulson has made a £100m profit by betting that the Royal Bank of Scotland’s share price would fall dramatically, according to calculations by the Guardian, adding fuel to the debate about the […]
Worries over hedge funds send LSE to four-year low
Times Online – Shares in the London Stock Exchange dropped nearly 10 per cent or 50½p to a four-year low of 463½p amid fears that its trading update tomorrow will show another dramatic slump in the value of equities traded […]
Dow scrambling to keep $15 billion Rohm takeover alive
Reuters – Dow Chemical is scrambling to keep its $15 billion takeover of rival Rohm & Haas alive after a surprise decision by the Kuwaiti government to scrap a joint venture with Dow, the Financial Times reported on Tuesday. The […]
