What to make of Dan Loeb's decision to abandon Yahoo? Some would argue that he's a canny investor, generating $650 million in profit from his investment in Yahoo. Hedge fund managers exist to make money, not build companies. So on Wall Street anyway, few will begrudge his move to take his profits and run.
The Sony board is mulling Third Point's proposal to spin off as much as 20 percent of its music and movie assets so the company can focus on its flagging consumer electronics units.
"Abenomics" will hopefully prove to be a gold mine for U.S. hedge funds, many of which have already loaded up on Japanese equities.
Dan Loeb, of Third Point, has long used letters to executives and directors as a way to gain publicity and make his views heard.
Like all other journalists, financial reporters have to be wary that they are not being used. Everyone feeding them information has an agenda, and hedge funds have perfected the art of getting their
While the main hedge fund indexes are lagging the S&P 500 or running roughly even with it, some hedge funds have managed to differentiate themselves. A true accomplishment in a highly correlated
The imminent collapse of Guaranty Bank, which will be the largest failure this year, is shaping up as a huge regulatory nightmare. Given its far flung operations and big balance sheet woes, a buyer
We've noted the woes of James Simon's ailing RIEF recently. But for every story of a poorly performing fund, this year, there seems to be a success story. From a performance perspective, hedge funds
Yahoo may have been able to stare down Microsoft at the bargaining table, but we may yet see big M&A fees from a deal. The catalyst in all this remains Carl Icahn. Following his lead, an all-star