guardian.co.uk Politics:
If the Tory leader wins the next election, he faces a media battle between News Corp and Google which could split his inner circleIt's the war for Cameron's ear. Greeting David Cameron, should he win the keys to 10 Downing S (Read More)
India Times:
US securities enforcers are looking at some of the high frequency trading that hedge funds are doing, a top Securities and Exchange Commission official said on Friday. (Read More)
Submitted by magitam
from Google Reader:
BRUSSELS (Reuters) - Top parliamentarian Jean-Paul Gauzes has written to members of an influential European Union committee recommending strict rules for hedge funds that clamp down on pay and borrowing, according to his repo (Read More)
The Guardian:
Gold was a lousy investment in the 90s … how times change. The humble savings account, meanwhile, more than held its ownGoldIt has been one of the best investments of the past decade, and this week it was hitting new highs. B (Read More)
observer.guardian.co.uk:
The US chocolate company Hershey is considering an audacious go-it-alone attempt to buy the besieged Cadbury confectionery empire through a takeover offer of at least $17bn (£10.2bn) to edge out Kraft's £9.8bn hostile bid.Sou (Read More)
The Economic Times:
Investors tempted to put money into star hedge fund manager John Paulson's new gold portfolio will have to commit at least $10 million and leave the money locked up for at least one year, according to a prospectus. (Read More)
Reuters:
BOSTON (Reuters) - Investors tempted to put money into star hedge fund manager John Paulson's new gold portfolio will have to commit at least $10 million and leave the money locked up for at least one year, according to a pro (Read More)
Times Online:
A descendant of the founder of Cadbury has spoken out against the £9.8 billion Kraft bid and the stakebuilding in the confectioner by hedge funds, which has risen sharply since the offer was made on November 9. (Read More)
Financial Times:
The K1 affair: In detaining Helmut Kiener, German prosecutors have provoked much intrigue over the hedge fund operator with big banks as clients but a history of regulatory run-ins. (Read More)
The Guardian:
Investment bank under fire again as investors protest at record bonuses of $717,000 eachGoldman Sachs has had to defend itself from angry taxpayers, regulators, the government – and now its own shareholders.Some of the US inv (Read More)
The Economic Times:
US-based hedge fund Galleon has sold its entire holdings in leading investment banking and broking firm Edelweiss Capital through the open market route on Friday. (Read More)
The Economic Times:
US-based hedge fund Galleon has sold its entire holdings in leading investment banking and broking firm Edelweiss Capital through the open market route on Friday. (Read More)
Reuters:
MUMBAI (Reuters) - Hedge fund Galleon, which is winding down its funds after its founder was accused of heading an insider trading ring, has sold its holding in Edelweiss Capital, stock exchange data showed.
. (Read More)
Reuters: Private Equity:
MUMBAI, Nov 20 (Reuters) - Hedge fund Galleon, which iswinding down its funds after its founder was accused of headingan insider trading ring, has sold its holding in India'sEdelweiss Capital , stock exchange data showed. (Read More)
New York Times:
Gartmore Group, the manager of about $36 billion in hedge and mutual funds, is preparing an initial public offering of at least 250 million pounds next month to reduce debt. (Read More)
New York Times:
Sears Holdings, led by the hedge fund financier Edward S. Lampert, posted a smaller third-quarter loss on Thursday than a year ago, helped by cost cuts and inventory controls. (Read More)
NY Post:
Eddie Lampert may care about sales figures, after all. The prickly hedge-fund tycoon -- who has cast himself as a retail maverick ever since he merged the Sears and Kmart chains in 2005 -- has famously derided Wall Street's (Read More)
NY Post:
Hedge fund Harbinger Capital Partners cut its stake again in The New York Times Co., almost two years after it bought a big stake in a bid to shake up the newspaper publisher. Harbinger owns 14.64 percent of the Times Co.'s (Read More)