Editor’s Note: Related tickers: Colgate-Palmolive Company (NYSE:CL), The Gap Inc. (NYSE:GPS), Johnson & Johnson (NYSE:JNJ), Royal Bank of Scotland......(read more)

Hess CEO warns of hedge fund plans to dismantle company (nj.com) Hess Corp., the New York-based oil company, said shareholder Paul Singer’s Elliott......(read more)

Citadel hires DE Shaw marketer (eFinancialNews) Chicago-based asset manager Citadel has hired a new a managing director and head of Americas distribution......(read more)

KKR buys hedge fund provider Prisma Capital (Reuters) Kohlberg Kravis Roberts (KKR.N), the private equity company, has bought hedge fund money manager......(read more)

Stanford Sentenced To 110 Years (Finalternatives) Convicted hedge fund fraudster R. Allen Stanford said yesterday that he’s no Bernard Madoff, but......(read more)

What percentage of hedge fund profits are pocketed by hedge fund managers? Reuters published an article yesterday with the following title: “Managers......(read more)

Buffett Reveals Warts as He Prepares Annual Letter (Bloomberg) Warren Buffett bought oil stocks near the peak of an energy boom, declined to spend $35......(read more)

Ackman Faults Canadian Pacific Chief for ‘Worst Railroad’ (Bloomberg) Canadian Pacific Railway Ltd.’s (CP) support for Chief Executive Officer Fred......(read more)