Tag Archives: upfront
Ackman Adds Cash to Target Hedge Fund as Stock Slides
Bloomberg- William Ackman, the activist hedge fund manager, increased his $2 billion bet on Target Corp. as shares of the second-largest U.S. discount retailer declined as much as 38 percent in the past year, according to two people with knowledge […]
Ackman Adds Cash to Target Hedge Fund as Stock Price Slides 38%
Bloomberg- William Ackman put more cash into the $2 billion hedge fund he started to invest in Target Corp. as shares of the second-largest U.S. discount retailer declined 38 percent in the past year, according to two people with knowledge […]
Charming’s CEO Bern Squeezed Out By Funds
New York Post- Women’s clothier Charming Shoppes booted CEO Dorrit J. Bern less than two weeks after a pair of dissident hedge funds officially secured seats on the board. Board-level talks to oust Bern, who’s eligible to earn up to […]
Coca-Cola agrees to $137.5 mln settlement in case
Reuters- Coca-Cola Co (KO.N) agreed to pay $137.5 million to settle a shareholder lawsuit that claimed the world’s largest soft drink maker artificially inflated sales to boost its stock price, according to court documents. The lawsuit, filed in October 2000, […]
Isle of Man hedge fund wins prestigious award
Isle of Man Today- An Isle of Man hedge fund has won a prestigious industry award on the third occasion it was shortlisted. Oceanic Hedge Fund was named Best Energy Hedge Fund on a Risk Adjusted Basis at the eighth […]
Investor sues SageCrest for $5M
The Advocate – A Greenwich hedge fund has become ensnared in a legal dispute with one of its investors after refusing to allow the firm to withdraw the $5 million originally invested in the fund. SageCrest LLC, a Greenwich hedge […]
