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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.

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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.

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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.

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UPDATE 1-U.S. hedge fund faces uphill battle for change at Tim Hortons

2013-05-02 09:37:36| Chemicals - Topix.net

Highfields Capital, a U.S. hedge fund agitating for change at coffee shop chain Tim Hortons Inc, faces a difficult task in trying to persuade long-term institutional investors of the merits of its plan to shake up the Canadian company.

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Hedge fund buys up thousands of homes in central Florida

2013-05-01 18:54:12| Real Estate - Topix.net

SEMINOLE COUNTY, Fla. -- The country's largest private real estate owner, Blackstone Group, is pouring millions of dollars into the central Florida real estate market.

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