Hedge Funds Archives - Page 5 of 25

2 minute read

Casino Operator Penn Entertainment Faces Major Shareholder’s Bid For Board Representation

December 28, 12:25 PM

HG Vora Capital Management, a major shareholder in Penn Entertainment Inc (NASDAQ: PENN) with an 18.5% economic interest, is reportedly engaged in discussions with the casino operator regarding board representation.

DIS

3 minute read

Will Eye-Popping 2023 Bonuses For Wall Street Managers Alter The Santa Rally’s Course?

By Piero Cingari

December 19, 4:53 PM

Considering 2023's market performance, the bonus pool for Wall Street managers will likely surpass the record-breaking 2021 figure.

QQQ

1 minute read

Carl Icahn Escalates Boardroom Battle At Illumina, Seeks To Remove More Directors After Grail Divestiture

By Vandana Singh

December 19, 8:58 AM

Activist investor Carl Icahn said on Monday that he plans to oust legacy conflicted directors at Illumina Inc (NASDAQ: ILMN), laying the groundwork for a second board challenge at the San Diego gene-sequencing company only months after shareholders elected

ILMN

2 minute read

SEC’s New Short-Selling Rules Face Court Challenge, Accusations They ‘Harm Market Participants And Investors’

By Neil Dennis

December 13, 11:33 AM

Three hedge fund associations are jointly suing the Securities and Exchange Commission.

QAI

2 minute read

‘Full Banking Collapse’: China Worries Pile Up As Hedge Funder Sounds Alarm

By Aaron Bry

December 8, 5:54 PM

As the U.S. economy continued to show signs of strength, many investors remained concerned with China’s economic outlook. One hedge funder, Kyle Bass, said China was experiencing a “full banking system collapse” in a recent post on X.

BABA

2 minute read

US Stocks Falter, Bonds, Dollar Gain, While Bitcoin Soars Past $43,000 On Rising Institutional Interest: What’s Driving Markets Tuesday?

By Piero Cingari

December 5, 2:15 PM

The momentum on Wall Street during Tuesday’s session continues to lack strength as investors carefully scrutinize the most recent economic data.

ALB

1 minute read

Battle for Disney’s Board Escalates: Trian Management Seeks Multiple Board Seats

By Vandana Singh

November 30, 1:24 PM

Activist investor Nelson Peltz and his firm, Trian Fund Management, seek more than two seats on the board of entertainment giant Walt Disney & Co (NYSE: DIS), escalating tensions and setting the stage for a

DIS