activist news from FierceFinance

"The Bloom" has been off the big-name activist investors for a while now. William Ackman at least is owning up to his failures. "I apologize profusely for the fund's results to date," he said in an... Read more...

Company News:> Lehman creates restructuring and finance group. Article> Eaton Vance... Read more...

The key man in the still unfolding Microsoft-Yahoo pas de deux is not Steve Ballmer, not Jerry Yang, or even Eric Schmidt. It's investor activist Carl Icahn. The New York Times notes that while he... Read more...

Activist hedge funds have been hit hard by the slowdown in the private equity industry. November in fact was nothing short of a debacle. The Financial Times notes the event-driven sector had dropped... Read more...

Activist hedge funds have fared decently over the past few years. So why not a fund of activist funds? Geneva Partners launched such a fund this month with $50 million in assets. Most will go to the... Read more...

HSBC, a fairly strong British brand, thought the burgeoning U.S. was the ticket to higher margins. In 2003, its purchase of Household... Read more...

Given that Joseph Lewis, who now is the proud owner of 8 million Bear Stearns shares, has the gossip mills churning. The New York Post... Read more...

Company News:> HSBC targeting wealthy in Japan with new branches. Article> Activist investor targeting HSBC. Read more...

So do activist hedge funds really create value? Well, as the saying goes, give your economists a spreadsheet and they can pretty much prove anything. So the record is mixed. Activist themselves can... Read more...

Activist investor Barry Rosenstein has raised... Read more...