Trump's win gives some hedge funds big boost -investors
BOSTON, Dec 2 Donald Trump's U.S. presidential election win gave a huge boost to some prominent hedge fund portfolios, helping them post double-digit gains in November, several investors said.
BUENOS AIRES, July 18 Argentina's dollar-demoninated Par bond rose 3.6 percent on Friday on market rumours that "holdout" investors suing the Latin American country for full payment of bonds were open to the idea of reinstating a court stay.
"The rumours of a possible stay are affecting asset prices, but there is no concrete news," bond trader Roberto Drimer told Reuters.
Argentina has until July 30 to settle with the New York-based hedge funds or face another painful debt default. Its government says it needs a suspension of the court order that triggered the deadline to negotiate further. (Reporting by Jorge Otaola; Writing by Richard Lough)
CHICAGO, Dec 2 U.S. coal producer Peabody Energy Corp said it would seek court approval to repay a $500 million term loan ahead of schedule because it has enough cash to operate in bankruptcy thanks to a rise in coal prices.
CHICAGO, Dec 2 The junk-rated Chicago Public Schools (CPS) on Friday announced a bigger, largely bond-financed capital budget a day after a veto by Illinois' governor put a $215 million hole in the district's budget.