News Around the Globe
By Moynihan Bill Ackman’s giant blank-check company has been slapped with a lawsuit that claims it has been operating illegally, even as the billionaire investor’s hedge fund allegedly rakes in …
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By Alexandra GameStop shares shot up after the company announced plans to search for a new chief executive officer to help accelerate the company’s transformation into a digital retailer. GameStop …
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By Mcenery A UK court found the controversial British hedge fund mogul – a personal friend of Prime Minister Boris Johnson who famously advocated for Brexit and later profited from …
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By Mcenery Some of the hedge funds hardest hit by January’s populist short squeeze have already begun recovering from the pain inflicted by retail traders looking to topple Wall Street. …
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By Mcenery Crispin Odey – a personal friend of Prime Minister Boris Johnson who famously profited off Brexit after fiercely advocating for it — said he will step down as …
Read More By Mcenery Bill Ackman lashed out at CNBC on Wednesday after anchors prodded him about his controversial appearance on the cable network this spring during the early days of the …
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By Mcenery Hedge fund activist Paul Singer has a new target in his crosshairs: the massive investment firm behind WeWork’s bungled stock debut. Singer’s Elliott Management said it’s amassed a …
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By Thornton It’s another bad day for hedge-fund quants. Greenwich, Conn.-based WorldQuant has reportedly laid off about 130 employees and shuttered five overseas offices at the 750-person, $7.5 billion firm, …
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By Lisa There’s a new big cheese at Papa John’s — and embattled founder John Schnatter is not happy about it. The pizza franchisor announced a $200 million investment from …
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