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After Fee Cut, Tudor Investment Charges Most Investors More Than 2-and-20 →  May 23, 2016

By Chris Dieterich Hedge fund Tudor Investment, run by billionaire Paul Tudor Jones, is reportedly cutting fees amid a performance dry spell. Bloomberg’s Saijel Kishan reports that the fund firm disclosed that it will reduce fees for a “share class that that contains most of the main fund’s money” to — get this — 2.25% […]

EgyptAir Crash: Human Remains Indicate Blast →  May 24, 2016

An Egyptian forensic official says human remains from the crashed EgyptAir flight indicate there had been an explosion on board. The official is part of the Egyptian investigative team and has personally examined the remains at a Cairo morgue.  He said all 80 pieces brought to Cairo so far are small and that “there isn’t […]

Tesla Motors Inc: Love the Car, Hate the Stock →  May 24, 2016

Time to Bail on Tesla Motors Inc? You have to give it up for Elon Musk, the founder of Tesla Motors Inc (NASDAQ:TSLA), who continues to convince Wall Street and investors the company is a generational stock. Unfortunately, I’m not in his camp and feel TSLA stock is overvalued. Many will argue and point to […]

Leonardo DiCaprio jets around the world partying and preaching on global warming →  May 24, 2016

By Alison Boshoff and Sue Connolly For The Daily Mail Published: 00:17, 24 May 2016 | Updated: 04:41, 24 May 2016 53 View comments Being an A-list actor is an exhausting business — and Leonardo DiCaprio has a diary so full it would make a lesser playboy weep. There are parties and premieres around the […]

Bayer defies critics with $62 billion Monsanto offer →  May 24, 2016

FRANKFURT German drugs and crop chemicals group Bayer AG has offered to buy U.S. seeds company Monsanto for $62 billion in cash, defying some of its own shareholders in a bid to grab the top spot in a fast-consolidating farm supplies industry. Monsanto Co’s stock ended trading up 4.4 percent at $106 on the New […]

The Price of Oil Is Slamming Kyle Bass’ Hedge Fund →  May 23, 2016

Hedge fund giant Kyle Bass may have astutely predicted the subprime mortgage crisis leading up to the great recession—but he couldn’t do the same for the most recent oil bust. While Bass made 212% returns on his bets against subprime mortgages in 2007, his bet on the oil market isn’t doing nearly as well. Two […]

Hedge Fund Industry Embraces Sustainability Reporting →  May 23, 2016

Hedge Fund Industry NEW YORK, NY, May 23, 2016 – Sustainability reporting is rapidly moving from a niche issue focused on by a handful of companies to one of global importance. Amidst growing worldwide concerns about the environmental, social and governance impact that businesses contend with internally and the impact their activities have on their […]

After Fee Cut, Tudor Investment Charges Most Investors More Than 2-and-20 →  May 23, 2016

By Chris Dieterich Hedge fund Tudor Investment, run by billionaire Paul Tudor Jones, is reportedly cutting fees amid a performance dry spell. Bloomberg’s Saijel Kishan reports that the fund firm disclosed that it will reduce fees for a “share class that that contains most of the main fund’s money” to — get this — 2.25% […]

GOP leaders criticize loan package for hedge fund →  May 23, 2016

HARTFORD, Conn. (AP) — Republican leaders in the Connecticut General Assembly are criticizing plans by Democratic Gov. Dannel P. Malloy’s administration to approve a $22 million loan and grant package for one of the world’s largest hedge funds. Article source: http://www.sfchronicle.com/news/article/GOP-leaders-criticize-loan-package-for-hedge-fund-7940835.php

Brexit Could Kill 820,000 Jobs: Chancellor →  May 23, 2016

By Jason Farrell, Senior Political Correspondent British families would face 820,000 job losses and the country would plunge into a year-long recession if the UK left the EU, the Chancellor has warned. George Osborne says the country would slump into a “DIY recession”, the pound would slump, inflation would rise, holidays would be more expensive […]

Cisco Stock: This Could Be Massive for Cisco Systems, Inc. →  May 23, 2016

Major Upside in Cisco Stock? If Cisco Systems, Inc. (NASDAQ:CSCO) stock wasn’t on your watch list before, it should be now. Why? The network equipment company could be on the verge of its next big rally. Let me explain… What do Piper Jaffray, Oppenheimer, Citigroup Inc, Deutsche Bank and Jefferies Group have in common? They […]