Bank of America clients are buying the dip in U.S. stocks, shifting from cyclicals to defensive
admin In light of the recent U.S. stock market losses, Bank of America (BofA) saw more…
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British hedge fund manager says it’s too early to get bullish on sterling after successful bet against U.K. currency and bonds
“I don’t think you can start getting bullish on sterling.” That was Crispin Odey, notable…
Read MoreHedge funds made huge gains before the pound crash
Hedge funds in the City of London made huge profits by betting against the U.K.…
Read MoreActivist investor Jana Partners takes nearly 10% stake in Freshpet
An activist investor has a nearly 10% stake in Freshpet Inc. and plans to push…
Read More‘There is no innocent explanation’: Newly released FBI files reveal Ponzi schemer Bernie Madoff’s dramatic confession as agents arrested him
Bernie Madoff managed to keep the biggest Ponzi scheme in history going for decades, but,…
Read MoreStocks may be headed for another selloff according to RBC’s ‘hedge fund hot dogs’ basket
A group of the most popular stocks owned by the world’s largest hedge funds are…
Read MoreSEC investigating Melvin Capital Management after meme-stock losses
The U.S. Securities and Exchange Commission is looking into Melvin Capital Management risk controls and…
Read MorePayPal earnings mark ‘pivot point’ for stock as cost cuts, Elliott investment are well received
PayPal Holdings Inc. shares have fallen out of favor with investors this year after a…
Read MorePayPal stock jumps 12% as company confirms Elliott stake and names EA exec as new CFO amid earnings beat
After seeing its shares lose roughly two-thirds of their value in the past year, PayPal…
Read MorePinterest stock jumps 20% after Elliott confirms stake; earnings miss but users stick around
Pinterest Inc. missed expectations for earnings and guided for revenue lower than analysts expected in…
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