Former Brevan Howard Asset Management Traders to Launch $100M Natural Resources Fund Next Year
Tim Whyte, Carl Linderum and Ben Belldegrun are starting a $100 million natural resources hedge fund. It is expected to launch next year. (more…)
Author Archive - Renee Ann Butler
Hedge Funds Make Big on $CAT Caterpillar Revenue Surge
Caterpillar Inc (CAT) share prices soared over 5% in early trading Monday morning after its "third-quarter earnings rose 44% as the construction-equipment maker reported its best...
Hedge Fund News – Fortress Hires David Dredge
Fortress Investment Group LLC (FIG) has hired David Dredge as co-chief investment officer at its convexity strategies group, two sources familiar with the matter said. Dredge...
Top of the Morning – Dee Dee Ricks, Mattel Buys HIT for $680M
With some $4.2 billion in cash, Juniper Networks Inc.
Arthur J. Cutillo and Jason C. Goldfarb Settle SEC Insider Trading Charges
Arthur J. Cutillo and Jason C.
These Hedge Fund Managers Still Love Obama
President Barack Obama may have his opponents but there are several hedge fund managers that still love him.
Whitney Tilson Initiates Brand New Positions in $GS and $C
Whitney Tilson, the founder and managing partner of T2 Partners, is feeling bullish on stocks in the financial industry. (more…)
Bruce Berkowitz’s Fairholme Fund Loses Half Its Value and Top Exec Charlie Fernandez
Bruce Berkowitz's Fairholme fund can't seem to catch a break. Fortune reports its assets were cut in half as investors pulled their money out amidst losses and now Charles M.
Dr. Brigette Roberts’ Hedge Fund Up 6% YTD
Brigette Roberts should know a lot about her industry. She is after all a doctor.
SEC’s Mary Schapiro Calls Insider Trading a ‘Problem of Tremendous Magnitude’
Securities and Exchange Commission Chairman Mary Schapiro told hedge fund industry conference attendees on Thursday that insider trading is a “problem of tremendous magnitude...
Hedge Funds Make a Small Fortune After Chipotle $CMG Jumps Over 8%
Several hedge fund managers made big Friday after Chipotle Mexican Grill (CMG) stocks jumped from $307.91 at close yesterday to finish the week at $334.50 on reports of CMG's ...
MSMB Capital Derails Acquisition of $ALTH by $AMAG
Martin Shkreli, MSMB Capital has succeeded in derailing the acquisition of Allos Therapeutics Inc. (ALTH) by AMAG Pharmaceuticals Inc. (AMAG).
Robert McCreary Advises Kelusa Capital China in Expansion After Strong Gains
Contrary to what some people may have heard, Julian Robertson does not back Kelusa Capital China.
Exis Capital’s Adam Sender Has A Message For Prem Watsa
Adam Sender, founder of Exis Capital Management, cut his teeth at Steve Cohen's SAC Capital after graduating from the University of Michigan with a degree in history.
Perry Capital Cuts Alp Ercil, George Brokaw and Andy Isikoff
Richard Perry's Perry Capital announced that it is cutting three partners and roughly 30 managers and analysts, as well as closing its Hong King office in an effort to refocus...
Bo K. Brownstein Expected to Plead Guilty Today to Insider Trading
Bo K. Brownstein, the head of Big 5 Asset Management, is expected to plead guilty on insider trading charges today.
Andreas Halvorsen’s Viking Global and Others Up Big At Midday on Seagate Technologies $STX Increase
Several hedge funds made big Friday on Seagate Technologies (STX) after the stock swelled from $12.06 at close yesterday to trade at $14.74 midday.
Raj Rajaratnam, Convicted Insider Trader, to Get Kidney Transplant Paid for by Taxpayers
According to CNN Money, Raj Rajaratnam, the man recently sentenced to 11 years for insider trading, may be receiving a kidney transplant, at the taxpayers' expense.
Hedge Fund News – Cohen Says SAC Used Public Info in Cougar Deal
SAC Capital Advisors LP, the $14 billion hedge fund run by Steven A.
Top of the Morning – Jack Ma Looks for Yahoo Bid Allies
Jack Ma, chief executive of Chinese Internet company Alibaba Group Holding Ltd., is looking for U.S.
Hedge Funds Make a Bundle on Edwards Lifesciences $EW Increase
Edwards Lifesciences Corp (EW) "third-quarter earnings rose 7.5% on a tax benefit as the heart-valve maker's investments in its expected Sapien launch hurt margins, despite sales...
Evening Leaders – Shkreli Proved Wrong on Neoprobe, EU Short Selling
Wednesday night, Neoprobe said U.S.
Joel Greenblatt Talks About Hedge Fund Resiliency
Joel Greenblatt, Gotham Capital talked to the Wall Street Journal's Steve Eder yesterday about the resiliency of hedge funds. The video is embedded at the bottom of the page.
Odey European’s Crispin Odey is on a Losing Streak
Odey European's Crispin Odey is having a bad year. His London-based hedge fund has lost 22% YTD after falling 8.3% in September reports BusinessInsider.
Kweku Adoboli Charges Modified to Include Falsification As Case Turns Criminal
Bloomberg reports that the charges against Kweku Adoboli, the ex-UBS AG (USBN) trader accused of costing the company over $2.3 billion from unauthorized trades are now being modified...
Marc Lasry’s Avenue Capital and Donald Trump Ante Up to Online Gaming
Poker may not be the first thing that comes to mind when thinking of Donald Trump or Marc Lasry's Avenue Capital Group, but, if the pair are successful, it soon may be, according...
Phil Falcone’s Harbinger Top Holding $BHP Rumored to Be in Talks With Ferrous
According to Bloomberg, BHP Billiton Ltd (BHP) is in talks to buy Ferrous Resources Ltd, a Brazilian iron-ore producer. The deal is rumored to be worth around $3.2 billion.
Leon Cooperman Criticizes Apple $AAPL’s Policies
Leon Cooperman, founder of Omega Advisors, criticized various policies and practices at Apple Inc (AAPL) during the Value Investing Congress, reports the Wall Street Journal.
David Einhorn Killed SodaStream $SODA As Well As Green Mountain $GMCR
Green Mountain Coffee Roasters (GMCR) wasn't the only company David Einhorn of Greenlight Partners burnt during his presentation at the Value Investing Congress this week.
Jana Partners Advisee McGraw Hill Third Quarter Profit Falls 3.8% on Poor Bond Market
McGraw Hill (MHP) 's third quarter profit fell 3.8&, reports Bloomberg.
Steve Cohen’s SAC Capital in SEC Cougar Probe
The SEC is not done with Steve Cohen nor Raj Rajaratnam reports BusinessInsider.
Trident Fund Manager Nandu Narayanan Takes Defensive Position
Trident fund manager, Nandu Narayanan, is not a household name, but he was one of the few hedge fund managers to profit during the 2008 financial crises and the period that followed...
Jim Cramer Mad Money Recap (October 18th)
This is the recap for Jim Cramer's Mad Money on October 18th. On his Mad Money show Tuesday night, Jim Cramer talked a lot about the importance of the fundamentals.
Hedge Funds Gain Big After Amlin $AMLN Reports Higher Than Expected
Amlin Pharmaceuticals (AMLN) rose 11.13% on Thursday morning after it reported a GAAP loss of 9 cents per share, which was narrower than the 15 cents per share loss estimated...
Top of the Morning – UBS Chief Sergio P. Ermotti Pushes for Cuts
Yahoo! Inc., the U.S.
Hedge Funds Lose Big After $AEM Closes Goldex Mine
Several hedge fund lost big Wednesday after Agnico-Eagle Mines Ltd. (AEM) announced "it is suspending mining operations and gold production at its Goldex mine in Val d'Or, Quebec...
Pershing Square’s Bill Ackman Discusses His Most Bullish Bets $FBHS $JCP
At the Value Investing Congress Tuesday, Pershing Square's Bill Ackman discussed his fund's most bullish bets.
Adam Weiss and James Crichton are Bullish on $WMB and $ST
Adam Weiss and James Crichton founded Scout Capital Management in 1999. The pair spoke at the Value Investing Congress on Tuesday.
Leon Cooperman Discusses Attractive Values at Value Investing Congress
Leon Cooperman, founder of Omega Advisors, discussed what he termed "attractive values" at the Value Investing Congress on Tuesday.
Eagle Capital Management $GS and $AON Picks Gained 5%
Boykin Curry, founder of Eagle Capital, spoke at the Value Investing Congress this week about time arbitrage reports Benzinga.
Analyzing 5 Dividend Stocks for ‘Buy’ Ideas
Dividend yielding stocks provide a great way for investors to hedge losses and maximize returns, if the yield is reinvested.
7 Cheap Drug Companies with Solid Dividends
Long-term treasury bonds are ridiculously expensive.
Jim Cramer’s Favorite Technology Stocks
During the past two weeks Jim Cramer has recommended several technology stocks.
Apollo Group $APOL Soars in Early Trading on Earnings Report, Hedge Funds Make Big
Several hedge funds made big after Apollo Group (APOL), the company behind University of Phoenix, reported profits and sales above analyst estimates, reported Businessweek.
Hedge Fund News – Bill Ackman Invests, LD Capital Up, Threadneedle Launches
Odey Asset Management has launched the Odyssey fund for Tim Bond, although the manager has conceded ‘it is the worst point for starting a macro hedge fund in the last few years...
Top of the Morning – $JNJ Sales Up But Profits Down
Yahoo’s profits fell 26 per cent in the third quarter of 2011 compared to a year before but still beat analysts low expectations, sending its shares higher amid the most tumultuous...
Hedge Funds Make a Bundle on Ak Steel Holding Corp $AKS
Hedge funds made big on AK Steel Holding Corp (AKS) Tuesday. AKS opened trading at $7.24 a share and closed at $8.06 a share.
