Tag Archives: speculation
30-Something Hedge Fund Billionaire Urges Energy Market Reform
The Business Insider – We’re eagerly awaiting the testimony of energy fund billionaire John Arnold before the Commodity Futures Trading Commission today, and not just for the obvious reasons. Former Enron trader Arnold presumably became the second-youngest self-made billionaire in […]
K+S, Potash Sellers Sink as Rival’s India Contract Roils Market
Bloomberg – K+S AG, Europe’s largest maker of potash for fertilizers, and competitor Israel Chemicals Ltd. fell in local trading after a Russian rival’s contract in India prompted speculation that prices will come under pressure. The drop mirrors declines at […]
Oil Little Changed on Concern Demand Recovery Yet to Occur
Bloomberg – Crude oil was little changed near $60 a barrel in New York amid concerns the global recovery has yet to take root, postponing a rebound in demand for fuel. Hedge-fund managers and other large speculators reduced their net-long […]
Sports Direct sells JJB stake
Belfast Telegraph – Mike Ashley’s Sports Direct International has offloaded its 4.8% directly-owned stake in struggling rival JJB Sports, it was revealed today. Speculation was mounting over the identity of the buyer after the Sports World parent sold 11.9 million […]
David Geffen loses bid for stake in New York Times
PerthNow – Mr Geffen tried to acquire a 19 per cent stake in the New York Times Company that was held by Harbinger Capital Partners, the activist hedge fund, but was rebuffed, it emerged overnight. Since 1896, the newspaper has […]
General Growth files for bankruptcy protection
Reuters – General Growth Properties Inc GGP.N, the second largest U.S. mall owner, on Thursday filed for bankruptcy protection on Thursday, making it one of the biggest real estate bankruptcies in U.S. history. Ending months of speculation, the Chicago-based mall […]
Leaders at G20 Vow to Restore International Markets, Keep a Closer Watch on Hedge Funds
New York (HedgeCo.Net) – Hedge funds can expect to be kept on a tighter leash in the near future, as leaders from all over the world met at the G20 summit in London to discuss the next steps towards remedying […]
Hedge Fund Corporate Welfare
TPMCafé – Last November, Ken Griffin told investors in his Citadel Hedge Funds that they couldn’t withdraw their money, but he was still going to charge a 2% management fee on their trapped funds. Oren Kramer a rival hedge fund […]
Hedge funds manager’s girlfriend pleads guilty to helping him flee
CNN.com – The girlfriend of a convicted hedge fund manager who disappeared last year, leading to speculation that he had committed suicide rather than report to prison, pleaded guilty on Tuesday to helping him, according to federal prosecutors. Debra Ryan […]
OPEC Calls for Curbing Speculators, Blames Hedge Funds for Rout
Bloomberg – OPEC wants U.S. regulators to curtail oil trading by hedge funds and speculators who helped make last year the most volatile in crude oil trading. Abdalla el-Badri, secretary-general of the Organization of Petroleum Exporting Countries, is seeking rules […]
Tate & Lyle hurt by rumours of hedge fund share sale
Financial Times – The London market’s new year bounce continued into a fifth session, but Tate & Lyle missed the trend. Tate lost 8.5 per cent to 386¼p amid speculation that Harbinger, its second-biggest shareholder, might have to sell to […]
