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→  September 2, 2016

(Adds details on Pershing Square, Citadel fund, Jana fund) By Svea Herbst-Bayliss BOSTON, Sept 1 Billionaire investor William Ackman’s portfolios climbed nearly 6 percent in August, boosted by strong gains at drug company Valeant Pharmaceuticals International Inc where changes that the hedge fund manager has helped push for appear to be instilling new confidence. Pershing […]

→  September 1, 2016

Nearing the End for EMC Stock The Chinese government has finally given its blessing for the union of EMC Corporation (NYSE:EMC) and Dell Technologies Inc (OTCMKTS:DVMTV), paving the way for the biggest tech merger in history. Dell’s $60.0 billion acquisition of EMC stock is now final. The deal is set to close on September 7. […]

→  September 1, 2016

In the dock:  Joseph Carlisle, 27, who went to private school with Lily Allen ‘systematically milked’ Sylvia Moynihan, 82, for cash to pay for his £1,000-a-week heroin habit A privately educated musician who went to school with Lily Allen has been jailed after joining a gang of homeless drug addicts who fleeced a pensioner out […]

→  September 1, 2016

TOKYO Asian shares dipped on Thursday after lower crude oil prices dented Wall Street and a pair of Chinese manufacturing surveys did little to inspire investors as markets waited to see if U.S. employment data could put the Federal Reserve on track to hike interest rates. Crude oil futures took back some lost ground after […]

→  September 1, 2016

NEW YORK (IFR) – Hedge fund Premium Point Investments has sold a $6.2 billion mortgage bond portfolio, the largest sale of its kind in nearly two years, a person with knowledge of the transaction told IFR. Several investors said the timing of the auction was unusual as many market participants are typically away in the […]

→  September 1, 2016

Cypress Funds Llc increased its stake in Skyworks Solutions Inc (NASDAQ:SWKS) by 41.82% based on its latest 2016Q2 regulatory filing with the SEC. Cypress Funds Llc bought 115,000 shares as the company’s stock declined 0.04% while stock markets rallied. The hedge fund held 390,000 shares of the technology company at the end of 2016Q2, valued […]

→  September 1, 2016

Cypress Funds Llc decreased its stake in Hca Holdings Inc (NYSE:HCA) by 31.51% based on its latest 2016Q2 regulatory filing with the SEC. Cypress Funds Llc sold 115,000 shares as the company’s stock rose 17.74% with the market. The hedge fund held 250,000 shares of the health care company at the end of 2016Q2, valued […]

→  September 1, 2016

The main fund at David Einhorn’s Greenlight Capital declined 0.3 percent in August, trimming its year-to-date gain to 5.4 percent, according to an e-mail sent to investors that was obtained by Bloomberg. Jonathan Gasthalter, an external spokesman for New York-based Greenlight, declined to comment on the returns. Einhorn is outperforming peers again as he bounces […]