Tag Archives: fund
Big Sony options action before Loeb stake raises eyebrows
A surge in option market bets on Sony Corp just before a large hedge fund investor announced a big stake and called for a major restructuring of the company has raised concerns that some traders may have had advance word of the news. Continue reading
Qatar postpones listing of $12 bln investment company
(Adds original IPO date and background) DUBAI, May 12 (Reuters) – A planned stock market listing forDoha Global Investment Co, a $12 billion Qatari investmentcompany backed by assets from the Gulf state’s sovereign wealthfund, has been postponed, a senior bourse official said onSunday. Qatar unveiled plans to create the investment company inFebruary and said that sovereign fund Qatar Holding will transfer $3 billion of assets into the Doha Global, with asimilar amount raised in an initial public offering (IPO) on theQatar Exchange. … Continue reading
UMass Dartmouth Students Announce Torch Relay To Boston To Support Victims Of Boston Marathon Tragedy
DARTMOUTH, Mass., May 11, 2013 /PRNewswire/ — University of Massachusetts Dartmouth student leaders announced today that they are organizing a Torch Relay to benefit the One Fund and show support… Continue reading
Pimco’s Gross: ‘Gut feeling’ that bond bull run is done
By Jennifer Ablan and Dan Burns NEW YORK (Reuters) – Circle the date, market mavens: April 29, 2013. Continue reading
Carlyle generates less cash from asset sales
By Greg Roumeliotis (Reuters) – Private equity firm Carlyle Group LP on Thursday reported flat first-quarter profit and a decline in cash generated from managing and selling assets, despite strong capital markets that helped boost earnings for its peers. A stock market rally and record-low interest rates have buoyed the value of private equity fund assets and prompted buyout firms to exit investments and return capital to their investors Continue reading
Asian shares gain as upbeat global data, Wall Street buoy mood
By Chikako Mogi TOKYO (Reuters) – Encouraging global data and Wall Street's extended record run boosted Asian shares to a near two-year peak on Thursday, with strong Australian jobs data and a surprise interest rate cut by South Korea further cementing the positive mood. Japanese stocks were within striking distance of fresh five-year highs, tracking global fund flows into equities as monetary easing depresses returns on bonds while unclear prospects of world economic growth weigh on commodities prices. “Japan outperforms its global peers Continue reading
Retirement Fund Sues Lululemon
WILMINGTON, Del. — A retirement fund for police and firefighters in Florida is suing Lululemon Athletica Inc Continue reading
Lululemon sued over corporate bonuses ahead of recall
A retirement fund for police and firefighters in Florida is suing Lululemon Athletica Inc., seeking court permission to inspect the yoga wear maker’s records for evidence that the company breached its fiduciary duty to shareholders. Continue reading
Hong Kong Exchange Fund 1Q Investment Income HK$17.1 Billion
The fund that manages Hong Kong’s foreign-exchange reserves and backs its currency saw first quarter investment income falling 44% from the previous quarter, weighed by weaker local stocks and foreign-exchange losses, the Hong Kong Monetary Authority said Friday. Continue reading
Treasury chief to meet with Wall Street executives
WASHINGTON (Reuters) – Treasury Secretary Jack Lew will meet with Wall Street and business executives in New York on Thursday evening to discuss issues, including how to strengthen the U.S. Continue reading
