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→  March 14, 2014

Secretary of State John F. Kerry has hired Boston hedge fund executive Scott Nathan as a liaison to the business community, assisting American companies that want to do business abroad and foreign firms doing business here. Nathan, 46, was a partner and chief risk officer at the Baupost Group, Boston’s largest hedge fund firm. A […]

→  March 13, 2014

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→  March 13, 2014

Billionaire hedge fund manager Bill Ackman has staged a two-year war against Herbalife, betting that authorities in the US and other countries like China would ultimately determine the health-products retailer to be an illegal pyramid scheme. Today Herbalife revealed that it had received a “civil investigative demand” from the Federal Trade Commission (FTC). The regulatory agency’s web site says it uses […]

→  March 13, 2014

Yesterday, embattled hedge fund SAC Capital announced that it’s changing its name to Point72 in April, a name based on the address of the company’s headquarters in Connecticut. While this may seem like a strange move, the company is following well-trodden ground in rebranding after a scandal, and taking a name from where the company is based. […]

→  March 13, 2014

<!– Like us on Facebook –> Mr. Levkovich further said that information technology stocks became the most over-owned stock in terms of market capitalization. Apple Inc. (NASDAQ:AAPL) is followed by Google Inc (NASDAQ:GOOG). Interestingly, the stock showed an impressive performance being the most widely held stock among the top-ten list tallies of both the hedge […]

→  March 12, 2014

Citi is out with their quarterly analysis based on 13F filings from hedge funds and mutual funds, which were filed in Q4 13. Based on Citi data Google Inc (GOOG) and Apple Inc. (AAPL) remain the top favorites of funds. Tobias M Levkovich, Lorraine M Schmitt, and Christina Wood of Citigroup are out with their analysis based […]

→  March 12, 2014

Error 500 Unable to process your request! The server is unable to process your request at this time. Please try your request later, or contact us and let us know about the problem. Back to cayCompass.com Article source: http://www.compasscayman.com/caycompass/2014/03/12/Business-in-brief/

→  March 12, 2014

By Svea Herbst-Bayliss BOSTON, March 11 (Reuters) – Hedge fund manager William Ackman renewed his attack on Herbalife on Tuesday and said he has evidence the U.S.-based nutrition and weight loss company is breaking direct-selling laws in China, its fastest growing market. Ackman, who has placed a $1 billion short bet against Herbalife, said the […]

→  March 12, 2014

BOSTON (Reuters) – Hedge fund manager William Ackman renewed his attack on Herbalife on Tuesday and said he has evidence the U.S.-based nutrition and weight loss company is breaking direct-selling laws in China, its fastest growing market. Ackman, who has placed a $1 billion short bet against Herbalife, said the company was making recruits pay […]

→  March 11, 2014

Article source: http://www.businessinsider.in/clusterstock/hedge-funds/People-Who-Wrote-Letters-To-The-FTC-About-Herbalife-Say-They-Dont-Remember-Writing-Them/articleshow/31804327.cms