je.st

Home › hedge

Tag: hedge

Break up Sony, hedge fund chief urges

2013-05-14 13:46:18| CNET News.com

Daniel Loeb, founder of Third Point, wants Sony to spin off its entertainment division and sell its profitable insurance unit, in order to focus on reviving the electronics arm. [Read more]

Tags: sony break chief fund

UPDATE 2-Hess offers hedge fund two board seats but is rejected

2013-05-14 01:06:04| Oil & Gas - Topix.net

Hess Corp offered hedge fund Elliott Management two seats on its board on Monday, but the activist investor rejected the proposal, calling it a "PR stunt." The oil and gas company is scrambling to avoid an embarrassing defeat to Elliott at its annual meeting on Thursday.

Tags: board offers update fund

Hedge fund manager Falcone to settle fraud case

2013-05-09 19:12:44| Food - Topix.net

Billionaire hedge fund manager Philip Falcone and his firm have agreed to pay $18 million to settle civil fraud charges that he used fund money to pay his taxes and favored some clients over others.

Tags: case manager fund fraud

Hedge fund manager Falcone to settle fraud case

2013-05-09 18:37:02| Agriculture - Topix.net

Billionaire hedge fund manager Philip Falcone and his firm have agreed to pay $18 million to settle civil fraud charges that he used fund money to pay his taxes and favored some clients over others.

Tags: case manager fund fraud