Hedge Fund Industry News
A collection of Hedge Fund latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Billionaire Bill Ackman Has 13% of Pershing Square Capital Management's $19 Billion Hedge Fund in 1 Stock That's 31% Below Its 52-Week High
Bill Ackman's investment approach is to own high-quality businesses for the long haul. The hedge fund firm he founded more than two decades ago, called Pershing Square Capital Management, deploys this strategy with a concentrated portfolio. Retail…
Extreme weather upends sunshine patterns in major solar markets
This summer's extreme heat and rainfall caused sunshine levels to diverge sharply from historical norms across some of the world's largest solar markets, according to a new report. Parts of Western Europe and Southeast Asia were among areas that…
Jim Cramer on Hub Group (HUBG): 'Got to Wait Till Oil Calms Down'
Inquiring about Hub Group, Inc. (NASDAQ:HUBG), a caller asked if it is a buy right now during the lightning round of the September 16 episode of Mad Money. In response, Jim Cramer said: That's a tough one. After J.B. Hunt announced bad numbers last…
KeyBanc Raises AppFolio (APPF) Price Target: What Investors Need to Know
On September 17, KeyBanc lifted its price target on AppFolio, Inc. (NASDAQ:APPF) from $255 to $280 and maintained its Overweight rating on the stock after conducting customer checks and speaking with the company's investor relations team to better…
The fear of a terrifying exit tax will send more billionaires abroad
News from the City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. It is the size of Chris Rokos's tax bill that gives…
Streaming's Biggest Rivals Just Became Allies in Washington
Netflix, Inc. (NASDAQ: NFLX), Amazon.com, Inc. (NASDAQ: AMZN), and Alphabet Inc. (NASDAQ: GOOGL)'s YouTube compete aggressively for subscribers, ad revenue, and, increasingly, sports rights. On September 14, the three put aside their rivalry to…
Kemi Badenoch's billionaire baloney
At Prime Minister's Questions on 9 September, Kemi Badenoch accused the government of having lost £330m a year in tax revenue by driving the hedge-fund billionaire Chris Rokos, whom she described as “Britain's third biggest…
Nordson's (NDSN) New Vantage XL Addresses Increasing Advanced Semiconductor Packaging Demand
The launch of ASYMTEK Vantage XL comes at a time when demand for advanced semiconductor packaging solutions is accelerating. For that reason, such fluid dispensing system carries a lot of strategic significance for Nordson (NASDAQ: NDSN). It…
Willis Lease Finance (WLFC) Bets on Malaysia for Next Phase of Global Expansion
Recent land acquisition in Malaysia backs Willis Lease Finance Corp.'s (NASDAQ: WLFC) plans to expand its global maintenance footprint. The company will utilize the location to construct a new Willis Engine Repair Center (WERC). As a location…
What Lies Ahead for Marcus & Millichap (MMI) Following These Multifamily Asset Sales
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), finalized the sale of two Oregon apartment communities for a total consideration of $83 million. The sale involved the 181-unit Anjou Club in Talent and a 257-unit…
Jim Cramer on Iron Mountain (IRM): 'It's Been an Incredible Stock'
Toward the end of the lightning round on September 17, a caller asked for Mad Money's host Jim Cramer's thoughts on Iron Mountain Incorporated (NYSE: IRM), and he replied: It's been an incredible stock. It's a real estate investment trust…
Scott Bessent helped George Soros net $1 billion breaking the Bank of England - now he's fighting a U.S. bond selloff
Scott Bessent's face is all over financial news nowadays. From $6 billion bond buybacks to tinkering in global currency markets, the U.S. Secretary of the Treasury has certainly been pulling all the stops to stem the ongoing bond selloff. While…
A Cyber Intelligence Veteran Now Runs Masco's (MAS) AI Agenda
On September 15, Masco Corporation (NYSE: MAS) gave technology its own seat on the Executive Committee, creating a Chief Technology and AI Officer role and filling it with Yaron Ben David. He reports straight to CEO Jon Nudi. The hire follows a…
Most Qorvo (QRVO) Bondholders Said Yes, but Skyworks (SWKS) Is Still Waiting
On September 18, Skyworks Solutions (NASDAQ: SWKS) extended the deadline on its offers to swap Qorvo (NASDAQ: QRVO) bonds for new Skyworks debt, moving it to September 25. Bondholders are hardly balking. But the swap cannot settle until the Qorvo…
Ares Capital (ARCC) Raised $750M Through 2033 Notes. Should Dividend Fans Care?
On September 8, Ares Capital (NASDAQ: ARCC) priced $750 million of unsecured notes paying 6.250% and maturing on September 15, 2033. The deal closed on September 15, and the cash will pay down bank borrowings the company can tap again later. That…
Receive a Daily briefing on Hedge Fund Industry News
Get Started