Tue, Oct 6 2015
NEW YORK - William Ackman, head of hedge fund firm Pershing Square Capital Management, said on Tuesday that financial market volatility was being driven by short-term money without regard to long-term economic fundamentals and that Valeant Pharmaceuticals International Inc was the most undervalued stock among his top holdings.
NEW YORK - Goldman Sachs and Morgan Stanley are winning back the trading business of hedge fund clients that they lost to European rivals during the financial crisis, as new capital rules spur banks like Deutsche Bank to scale down their businesses.
SAO PAULO/NEW YORK - Two hedge funds run by Brazilian investment firm Gávea Investimentos Ltda rose in September, rebounding from losses last year, as bets on declining Brazilian and Asian asset prices helped offset expectations of gains in some Mexican and Indian investments.
NEW YORK - When Claer Barrett, a London-based editor, filed her newspaper column a few weeks ago, it didn't take long for her to realize she had hit a major nerve with its subject matter.
NEW YORK - Liquidity risk on U.S. stocks and Treasuries seems "elevated" even as investors and traders can easily buy and sell these securities, a New York Federal Reserve blog released on Tuesday showed.
JAKARTA - Indonesian President Joko Widodo has been a let-down for investors who thought he would slash red tape and push aside reactionaries to revive the economy. Now, after nearly a year in office, he is starting to look like the leader they expected.
LONDON - Payments made with debit and credit cards and other non-cash methods jumped 9 percent last year to 390 billion transactions, according to a study published on Tuesday.
Mon, Oct 5 2015
- Activist investor Nelson Peltz's fund has bought a $2.5 billion stake in General Electric Co, adding fresh pressure on the U.S. conglomerate to pull off its plan to shift away from finance operations toward its industrial roots. | Video
LOS ANGELES - For a nation that needs more college graduates, we seem oddly hellbent on discouraging as many people as possible from getting degrees.
ZURICH - Credit Suisse's capital markets advisory unit will help it win business from Asia's growing ranks of self-made millionaires, new Chief Executive Tidjane Thiam said in a newspaper interview.
Hillary Clinton sent copies of her book “Hard Choices” to Republican presidential candidates after several of them said they didn’t know what she'd done as secretary of state.