Hedge fund, Scout Capital Management in its recent 13D filing disclosed that it has a 6.62 percent stake or 1,280,321 shares in the restaurant franchise operator DineEquity Inc (NYSE:DIN). This... Read More
Occasionally a fund filing would stick out for all the wrong reasons. A recent SEC filing from WisdomTree indicating Vident International Equity Fund was quite interesting. WisdomTree Trust filed Form... Read More
Discount airliner Virgin America said it's close to turning around its financial losses and could be ready for an initial public offering as early as next year. Although a privately... Read More
Indian IT solutions company Rolta India Limited (NSE:ROLTA)’s wholly owned subsidiary, Rolta LLC, raised $200 million. India Junk Bonds First Yield This deal signifies India’s first ‘junk’ bond this year, with... Read More
James Dimon, JPMorgan Chase & Co. (NYSE:JPM) CEO and Chairman, said he may consider leaving the bank where he has held the top post since 2005, if shareholders vote... Read More
Bloomberg’s editor-in-chief Matthew Winkler has apologized after several high-profile clients complained about Bloomberg reporters having access to information through Bloomberg terminals. Bloomberg Op-ed Mr. Matthew said Monday that reporters working for... Read More
The Special Committee of the Board of Directors of Dell Inc. (NASDAQ:DELL) sent a letter to Carl Icahn and Southeastern Asset Management Inc., for more information on last week’s... Read More
The USPS (U.S. Postal Service) posted a loss of $1.9 billion in its most recent fiscal quarter, bringing the agency’s total loss for the fiscal year to more than... Read More
Italy’s largest bank, UniCredit SPA (BIT:UCG) said its first quarter net profit dropped by half due to lower interest and trading income. Italy’s largest bank by asset reported that net... Read More
Hess Corp. (NYSE:HES)Â today announced that, after consulting with its shareholders, it will separate the role of Chairman and Chief Executive Officer after its Annual Meeting. The oil company that is... Read More
JPMorgan Chase & Co. (NYSE:JPM) was sued by California Attorney General Kamala Harris over claims that JP Morgan pursued lawsuits against defaulted borrowers based on insufficient evidence. The Attorney says... Read More
Hugh Hendry, the fund manager at Eclectica asset management, in his first quarter letter highlighted his funds 3.5 percent net return was contributed by equities and FX. The prominent hedge... Read More
