Tag Archives: investments
How to run a hedge fund from your dorm room
North by Northwestern – By the start of his 9 a.m. class, Weinberg freshman Brian Levin has begun watching his investments. When the markets open, he checks his models to try to predict what will happen in the markets, and […]
The Greenbrier needs to compete
Charleston Daily Mail – The Greenbrier has been a powerful asset to West Virginia since before the state was a state. Its corporate parent today, Florida-based CSX Corp., recently announced that it has hired Goldman Sachs to make the resort […]
Asia’s bull run ends in 2008 with record falls
Miami Herald – Nearly two-thirds said they had lost 70 percent of their investments or more, according to the survey by the Shanghai Securities News, a newspaper affiliated with the stock exchange. Many Asian hedge funds, meanwhile, took a drubbing […]
Madoff set to disclose list of holdings
Munster Times – Investigators may get a clue Wednesday into how much money might be available for victims in the Bernard Madoff scandal. The fallen investment guru is scheduled to submit a list of his personal assets to the Securities […]
Credit Suisse clients may have lost 627 mln pounds ($195.18 mln) on Madoff
Reuters UK – Credit Suisse clients may have lost up to 1 billion Swiss francs (627.3 million pounds) ($195.18 mln) on investments connected to accused swindler Bernard Madoff, newspaper Sonntag reported on Sunday. Without giving details of its sources, Sonntag […]
Pawnshops Booming Through Economic Slump
Korea Times – Getting wedding invitations has become a new stress factor for 28-year-old Cho Mi-young who already has three to attend next month. That’s because each event costs her about 50,000 to 100,000 won on congratulatory cash gifts. Knowing […]
Nappier Eyes Hedge Fund Bets
Hartford Business – State Treasurer Denise L. Nappier said she plans to approve rule changes by January allowing her to allocate up to 8 percent of the state’s $20 billion pension fund in nontraditional investments such as hedge funds. The […]
General Growth jumps after hedge fund investment
Struggling General Growth Properties Inc. rallied Tuesday after disclosing an investment from hedge fund manager Pershing Square Capital Management LP. General Growth stock nearly doubled in morning trading. New York-based Pershing Square Capital bought 20.1 million shares of General Growth […]
Galleria parent jumps after hedge fund investment
Bizjournals.com – Struggling General Growth Properties Inc., owner of the St. Louis Galleria and 200 malls nationwide, rallied Tuesday after disclosing an investment from hedge fund manager Pershing Square Capital Management LP. General Growth stock nearly doubled in morning trading. […]
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 […]