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Investor Elliott’s stake raises pressure on Thyssenkrupp CEO →  May 24, 2018

FILE PHOTO: The logo of German steel-to-elevators group ThyssenKrupp AG is pictured during the company’s annual news conference in Essen Thomson Reuters By Christoph Steitz and Victoria Bryan FRANKFURT/BERLIN (Reuters) – Activist hedge fund Elliott said on Thursday it would step up pressure on Thyssenkrupp’s leadership to revive the German industrial conglomerate’s fortunes, confirming it […]

Investor Elliott’s stake raises pressure on Thyssenkrupp CEO →  May 24, 2018

FILE PHOTO: The logo of German steel-to-elevators group ThyssenKrupp AG is pictured during the company’s annual news conference in Essen Thomson Reuters By Christoph Steitz and Victoria Bryan FRANKFURT/BERLIN (Reuters) – Activist hedge fund Elliott said on Thursday it would step up pressure on Thyssenkrupp’s leadership to revive the German industrial conglomerate’s fortunes, confirming it […]

Marijuana News Today: Pot Shortage in New Jersey →  May 24, 2018

iStock.com/ChrisGorgio Marijuana News Today To carry on with a recent trend, the marijuana news today is once again coming out of the U.S. This time, we’re taken to New Jersey, where pot shortages are showing just how desperate some parts of the U.S. are for marijuana expansion. Many patients in recent weeks have complained that […]

Woody Allen’s son Moses defends his father over molestation accusations →  May 23, 2018

Moses Farrow, the adopted son of Woody Allen and Mia Farrow, came to his father’s defense in a detailed blogpost Wednesday, insisting that the Hollywood director did not rape his sister Dylan and accusing their mother of being abusive and manipulative. Moses, 39, was adopted by Mia Farrow from South Korea in 1980, and Allen […]

Wall Street drops as Trump fuels uncertainty over trade talks →  May 23, 2018

(Reuters) – U.S. stocks fell on Wednesday after President Donald Trump injected a fresh dose of uncertainty into the outcome of U.S.-China trade talks by suggesting that any possible deal needed “a different structure.” FILE PHOTO: Traders work at the Citadel Securities post on the floor of the New York Stock Exchange (NYSE) in New […]

Ma’s Snow Lake takes next step in pan-Asia evolution →  May 23, 2018

The steady rise of Chinese listed markets in recent years has helped the China specialist hedge fund manager Snow Lake grow to $1.5bn. Yet, in a bid to mirror China’s effort to become more integrated with its neighboring countries, Snow Lake is expanding its team with experienced hires in Japan<!–… Read More–> Article source: https://hfm.global/asiahedge/analysis/mas-snow-lake-takes-next-step-in-pan-asia-evolution/

CTAs continue to recover in May →  May 23, 2018

(Hedgeweek) Hedge fund performance during the first half of May was fuelled by CTAs and L/S Equity strategies, while Event-Driven continued to underperform, according to the Latest Weekly Brief from Lyxor’s Cross Asset Research team. To read this article: Article source: http://www.hedgeco.net/news/05/2018/ctas-continue-to-recover-in-may.html

The Hard Truth at Newspapers Across America: Hedge Funds Are in Charge →  May 23, 2018

(Bloomberg) A group of journalists protesting outside the offices of a New York City hedge fund recently shined a light on a little-known fact about the state of the local American newspaper: Behind the scenes, financial firms often hold all the cards. Investors like Alden Global Capital LLC and Fortress Investment Group LLC have acquired […]

David Tepper is New Carolina Panthers Owner, List of Jewish NFL Owners Grows →  May 23, 2018

Billionaire hedge fund manager David Tepper is the new owner of the NFL’s Carolina Panthers and is the latest in a growing list of Jewish American NFL team owners. Last Wednesday Tepper purchased the team for a record $2.3 billion from Jerry Richardson, who decided to sell the team after reports accusing him of workplace […]

Stantec Stock: A Play on Global Infrastructure That’s Looking to Break Higher →  May 23, 2018

iStock.com/lamontak590623 STN Stock Is a Trump Infrastructure Stock with Great Prospects The second National Infrastructure Week just passed under President Donald Trump and, so far, we have yet to see any concrete policies or spending in this segment. Nevertheless, infrastructure spending is picking up worldwide, which could benefit a global infrastructure company like Stantec Inc. […]

Survivors and relatives of Manchester bombing victims rebuild lives →  May 22, 2018

Tens of thousands joined in song to remember the victims of the Manchester Arena attack, hours after the city came to a standstill for minute’s silence a year after the tragedy. Manchurians packed Albert Square for a concert led by 3,000 choir singers to pay tribute to the 22 people, many of whom were children, killed in […]