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 | Don't take my advice |
| 05/08 - NEW YORK (Reuters) - David Einhorn, one of the most closely followed managers in the $2 trillion hedge fund industry, had some blunt advice on Wednesday for his fellow investors: Do your own homework. |
 | Bloomberg's top editor calls client data policy 'inexcusable' |
| 05/14 - NEW YORK (Reuters) - Matthew Winkler, editor-in-chief of Bloomberg News, apologized on Monday for allowing journalists "limited" access to sensitive data about how clients used Bloomberg terminals, saying it was "inexcusable", but that import... |
 | Feds sideline billionaire Falcone from fund business |
| 05/09 - NEW YORK (Reuters) - One-time star money manager Philip Falcone will be barred from starting another hedge fund for two years as he winds down his existing fund and returns money to investors, under a preliminary deal with securities regulato... |
 | China's Fosun Eyes $1 Billion Private-Equity Fund |
| 3 days ago -
--Chinese conglomerate Fosun International raising its second dollar-denominated fund
--China Momentum Fund's first close in June
--U.S. insurer Prudential Financial to invest in the fund
SHANGHAI--Chinese conglomerate Fosun In... |
 | Sources |
| 05/08 - LAS VEGAS (Reuters) - Days after reporting some of the industry's deepest losses, hedge fund billionaire John Paulson said investors should stick with managers for the long term and reminded a conference audience that he had made billions in ... |
| Rating for Buffett's Berkshire cut by S&P |
| 7 days ago - (Reuters) - Warren Buffett's Berkshire Hathaway Inc had its credit rating cut one notch by Standard & Poor's, which cited a new methodology for evaluating insurers and Berkshire's dependence on its insurance business for dividend inc... |
 | ArcelorMittal Swings To Loss, But Reaffirms Full-Year Target |
| 05/10 -
By Alex MacDonald
LONDON-- Steel titan ArcelorMittal Friday said it swung to a net loss in the first quarter due to lower steel shipments and prices, but maintained its full-year earnings guidance on expectations that steel and iro... |
 | Appaloosa, Soros Pare Apple Exposure |
| 05/15 -
At least two well-known hedge funds cut their stakes in Apple Inc. in the first quarter as the consumer-electronics giant's shares fell 17% during the period.
David Tepper's Appaloosa Management LP cut its Apple position by 41% to 540... |
 | Dell's profit dives as billionaire battle rages on |
| 7 days ago - SAN FRANCISCO (Reuters) - Dell Inc, the subject of a takeover battle between activist investor Carl Icahn and the company's billionaire founder, reported a 79 percent slide in profit as personal computer sales continued to shrink. |
 | Google's Schmidt to meet Britain's Cameron as tax row rages |
| 6 days ago - LONDON (Reuters) - Google Inc's Executive Chairman Eric Schmidt is due to meet British Prime Minister David Cameron on Monday as a participant of an advisory group just days after UK lawmakers lambasted the Internet company's tax affairs. |
 | Bill Gates Retakes World's Richest Title - Bloomberg News |
| 7 days ago -
Bill Gates, the 57-year-old co-founder of Microsoft Corp. , recaptured the title of world's richest person from Mexican investor Carlos Slim Thursday, Bloomberg News reported on its website Friday.
It is the first time Gates has hel... |
 | Icahn's Stake in Netflix Tops $1 Billion Paper Profit |
| 05/15 -
For Carl Icahn, the gains on Netflix Inc. are streaming in.
In a little over six months, Mr. Icahn has seen his investment in the video-by-demand company gain more than $1 billion.
The activist billionaire's paper profits crossed ... |
 | Frere's GBL Sells €1 Billion GDF Suez Stake |
| 05/13 -
Belgian investor Albert Frere has sold a 2.7% stake in French utility GDF Suez SA for €1 billion, French daily Les Echos reported on its website Tuesday, citing a statement from his company Groupe Bruxelles Lambert,
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 | Steve Ballmer's Epitaph |
| 05/13 -
By Al Lewis
When Microsoft honcho Steve Ballmer unveiled Windows 8 last October, he called it a "bet-the-company moment."
Here's the first rule he broke: Don't bet the farm. Here's the second: If you do bet the farm, don't lose.
... |
| Dell Profit Down 79% as Revenue, Margins Slip |
| 7 days ago -
--Dell earnings drop 79%, below analyst expectations
--Dell admits some customers are concerned about company's future
--Revenue at computing segment falls 9%
Dell Inc.'s fiscal first-quarter earnings dropped 79%, missing Wall... |
| Dell Committee Duels With Icahn, Southeastern |
| 05/13 -
-- Special committee of Dell's board says Icahn, Southeastern plan insufficiently detailed
-- Icahn, Southeastern also propose 12 board candidates for Dell, including Icahn himself
-- Before shareholders decide on various proposals... |
 | HP raises 2013 outlook as Whitman's plan takes hold |
| 7 hours ago - SAN FRANCISCO (Reuters) - Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing servic... |
 | Google CEO Larry Page Diagnosed with Vocal Cord Paralysis |
| 05/14 -
By Kristin Jones
Google Inc. Chief Executive Larry Page said he has been diagnosed with vocal cord paralysis, which has left his voice softer than before and affected his breathing.
Mr. Page gave the disclosure in a post on Goo... |
 | Macau Gives SJM Green Light On Cotai Casino |
| 05/15 -
By Kate O'Keeffe
Macau's biggest casino operator, SJM Holdings Ltd. , Wednesday became the last of the territory's casino operators to win approval from the government to build a casino in Cotai, a rapidly developing area in the wor... |
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