AOL Patents may be Worth Less than Expected $AOL
"AOL (AOL) is exploring the options amid slow advertising growth and a decline in its dial-up Internet subscribers," reports Bloomberg. "The company’s revenue has dropped 29...
Author Archive - Renee Ann Butler
George Soros’ Son to set up his own Family Office
George Soros is a legendary investor for a reason – he gets the job done. From 1969 to 2000, when he retired, Soros averaged returns of over 30% a year.
Sears $SHLD Netflix $NFLX Rally in First Quarter, Hedge Funds Win
Recently in Bloomberg's Inside Track, Scarlet Fu discusses the hedge fund managers that have had the biggest gains so far this year.
Brevan Howard Sought LIBOR Rate Change Says Ex-RBS Trader
Brevan Howard is the fund co-founded by Alan Howard, ex-head of proprietary trading at Credit Suisse First Boston, and Jean-Philippe Blochet in 2002.
Pay for Hedge Fund Managers Falls 35%, Top 6 Average Just $1.7B
"Compensation for the highest-paid U.S.
Could the Hedge Fund Marketing Ban Come to An End?
Hedge funds are a unique investment vehicle.
Dan Loeb Blasts Yahoo After It Rejected His Board Nominees $YHOO
Hedge fund manager Dan Loeb has almost 6% of his fund Third Point invested in Yahoo (YHOO). He initiated the position during the third quarter.
George Soros Faces $39.4 Million Judgment in TradeWinds Case
Billionaire George Soros and Dr. Purnendu Chatterjee, the corporate titan from India, were sued recently in a civil suit entered in the US District Court in New York.
Generous John Paulson Volunteers to Personally Pay Staff Bonuses
John Paulson is one generous hedge fund manager.
SAC’s Steve Cohen Loses LA Dodgers Bid to Magic Johnson
Hedge fund manager Steve Cohen has officially lost out on his bid to own the LA Dodgers according to CNN.
Phil Falcone, Harbinger Capital and LightSquared
Phil Falcone's Harbinger Capital Partners has made a lot of profitable calls in the past, but the firm has been struggling to keep its numbers up lately.
Steve Cohen, Team in Final Three Pushing for LA Dodgers’ Ownership
Hedge fund manager Steve Cohen understands the art of the deal.
Hedge Funds Late to Party, Again, Running Flat in March Per BoAML
Hedge fund managers make a fortune calling the shots for their funds.
Yahoo Names Three New Directors in Board Overhaul $YHOO
Yahoo (YHOO) used to be a great company.
CP Rail Willing to Add Ackman to Board, Rejects Other Demands $CP
Pershing Square fund manager Bill Ackman has been waging a war against Canadian Pacific (CP) since just after the new year when CP Rail Chairman John Cleghorn filed a public...
Paulson’s Push for Hartford to Spinoff P&C Meets Doubts $HIG
Hedge fund manager John Paulson's push to get Hartford Financial Services Group (HIG) to spinoff its property and casualty (P&C) insurance business may be an effort that is over...
Do Computerized Trading Platforms Yield an Unfair Advantage?
"Federal securities regulators are examining whether some sophisticated, rapid-fire trading firms have used their close links to computerized stock exchanges to gain an unfair...
Third Point’s Loeb ‘Goes to the Mattress’ Against Yahoo Board $YHOO
What do you do when you own roughly 6% of a multibillion dollar company - the largest stake outside the company – and have decades of experience in working with different businesses...
Hartford $HIG Overhauls Business, Paulson Says Not Enough
Hartford Financial Services Group (HIG) has been struggling to recover from the financial crisis.
Get Off of my Cloud Computing – Competition in the ‘Cloud’
Cloud computing is the biggest thing since smart phones.
Fortress Investment Group $FIG Faces Fraud Charges
Fortress Investment Group (FIG), which is managed by Michael Novogratz, has been named as a defendant in a 48-page complaint filed with the Los Angles County Superior Court on...
The Horrible, No Good, Very Bad Week of Diamond Foods $DMND
Diamond Foods (DMND) is having a rough week.
The Problem of Mobility and Facebook’s Battle for Revenue
Social media figures prominently amongst mobile phone users in the US, with roughly 80% of all mobile phone owners using Facebook.
Prem Watsa’s Fairfax Financial Doubles Stake in RIMM
Fairfax Financial Holdings Ltd (FRFHF), the insurance firm run by Prem Watsa, has taken on a 5.12% stake in Blackberry maker Research in Motion (RIMM) according to a filing with...
Hedge Fund Support for Mitt Romney Growing
Hedge funds are like the rock stars of the finance industry.
SEC Expands Insider Trading Charges Against Rajat Gupta
The SEC have expanded their insider trading case against Rajat Gupta, "charging him with passing tips to convicted hedge fund manager Raj Rajaratnam much earlier than alleged ...
SEC isn’t Interested in Einhorn’s ‘Insider Dealing’ with Punch
Insider trading has been a hot topic in the finance world.
Hedge Funds Rally on Commodities, Raw Materials
Hedge funds increased wagers on rising commodity prices to the highest level in two months after the Federal Reserve promised to keep interest rates low for at leads three more...
Platt’s BlueCrest Raising Capital for Feeder Fund
Michael Platt's BlueCrest Capital Management is one of Europe's largest hedge funds, and it is about to get bigger.
FCC Handling of Harbinger’s LightSquared Under Question
Phil Falcone’s Harbinger Capital is famous for making unpopular investments and profiting wildly from them.
Jim Rogers Bearish on Facebook IPO, Calls it ‘Too Expensive’
Legendary investor Jim Rogers may thinks the markets will see an "election year" jump – he told Shanghai's First Financial Daily in a recent interview that he thinks (read...
New Fines in Greenlight Capital Insider Trading Case
The insider trading case involving David Einhorn's Greenlight Capital and its trading of Punch Taverns before the company announced its fundraising is continuing to draw more ...
Osborne Fined in NSA Insider Trading Query Over Einhorn Deal
The chapter of the FSA's insider trading fines against Greenlight Capital's David Einhorn over his sale of Punch Taverns stock may be over – Einhorn agreed to pay the fine...
Icahn Setback at Annual OshKosh $OSK Meeting
"Oshkosh Corp (OSK) shareholders handed a defeat to activist investor Carl Icahn on Friday, electing 'at least' 12 of the 13 management-backed nominees to the company's board...
David Einhorn and His Side of the FSA’s Insider Trading Story
David Einhorn was fined for insider trading yesterday by Britain's Financial Services Authority (FSA) (read the story here).
Bill Ackman on Carried Income Tax, $JCP, $CP, and Charity Event
Ackman also discussed taxes on the Squawk Box this morning.
Greenlight’s Einhorn Fined by British FSA for Insider Trading
David Einhorn, founder and manager of Greenlight Capital, was fined today by British regulators.
Ackman’s $CP Pick Harrison Under Fire By $CN, May $CP Proxy Set
Canadian National Railway (CNI) "suspended the pension benefits of former Chief Executive Hunter Harrison and was seeking court approval to cancel them, ratcheting up pressure...
Schimel’s Diamondback Capital Will Not Face Criminal Charges
"Diamondback Capital Management, one of the largest hedge funds ensnared by the government’s insider trading crackdown, will not face criminal charges" reports the New York ...
George Soros on the Economy – ‘I am not here to cheer you up’
George Soros is a financial celebrity.
John Paulson’s Paulson & Co Off to a Good Start in 2012
2011 was a rough year for John Paulson's Paulson & Co.
Ken Griffin’s Citadel Clears High Water Mark
Ken Griffin's Citadel Investment Group cleared its high-water mark, reports the New York Times.
Time to Sell? Check the RSI First
The Relative Strength Index (RSI) is a tool that compares recent transactions of a stock to gauge the stock price’s strength.
Icahn, Tepper and Beal Bet on LightSquared’s Collapse
"Billionaire Carl Icahn has purchased debt from Philip Falcone’s LightSquared Inc.’s bondholders as the satellite-broadband-service provider struggles to start service," reports...
Barry Rosenstein’s Jana Partners Buys 5.5% Stake in Marathon $MPC
Barry Rosenstein's Jana Partners has taken a 5.5% stake in Marathon Petroleum Corp (MPC), a move which makes the fund the refiner's biggest shareholder.
Harbinger’s LightSquared Says Tests ‘Rigged’, Not Raising Capital
LightSquared, the wireless company trying to develop a nationwide 4G system, said yesterday that the recent tests conducted by the Defense Department and FAA, on the viability...
Einhorn Wins on $FSLR $GMCR Shorts, Opens Stake in $XRX $DELL
While the FSLR short was one of the most profitable in the firm's history, Einhorn told investors that he “found very few places to make money” but “kept mistakes to a minimum...
What Makes a Good High Growth Company? $MCP $HAR $BHI $ATML $HFC
High-growth companies can make investors a lot of money when they buy in at the “right” time, but picking a high-growth company is not so easy.
Oversold Stocks Rated Buy or Better $EQT $EXC $NFG $NRG $RRD $SWN $UPL
Investing can take two paths.
Jim Simons’ Renaissance Technologies to Launch New Hedge Fund
Jim Simons' Renaissance Technologies is starting a new hedge fund, reports Bloomberg.
