Author Archives: Syndicated Content
Activist investor Robbins shutting hedge fund to pursue other things
By Svea Herbst-Bayliss NEW YORK (Reuters) - Activist investor Clifton S. Robbins told clients on Friday that he is shuttering his Blue Harbour Group not because investors want their money back or beca...
Feb 28, 2020
As stocks plunge on coronavirus, hedge funds can brag: 'we're down less!'
By Svea Herbst-Bayliss and Lawrence Delevingne NEW YORK (Reuters) - This week's stock market plunge on coronavirus worries has given hedge fund managers a rare opportunity to brag that they are perfor...
Feb 28, 2020
Lawmakers: Put Flood in Hall of Fame
A bipartisan group from Congress is leading the drive to see the late Curt Flood elected to the National Baseball Hall of Fame, 50 years after he challenged the power of Major League Baseball owners. ...
Feb 28, 2020
Investor pessimism rising but may not be bearish enough
By Chuck Mikolajczak NEW YORK (Reuters) - Pessimism about the performance of stock prices over the next six months jumped in the latest American Association of Individual Investors (AAII) Sentiment Su...
Feb 28, 2020
Think the S&P 500 is in bad shape? Its components look worse
By Noel Randewich SAN FRANCISCO (Reuters) - Wall Street's worst week since 2008, sparked by fears about the fast-spreading coronavirus, has left almost half of the S&P 500's stocks in bear market terr...
Feb 28, 2020
CoronaCoin: crypto developers seize on coronavirus for new, morbid token
By Anna Irrera NEW YORK (Reuters) - Cryptocurrency developers have created a digital coin that allows traders to bet on the coronavirus epidemic, based on how many people fall ill or die. Called the "...
Feb 28, 2020
Amex’s travel unit appeases lenders as coronavirus spreads
By Aaron Weinman NEW YORK (LPC) - American Express' Global Business Travel (GBT) unit was forced to improve lenders' protections on US$1.13bn in loans to lure investors into a transaction that teetere...
Feb 28, 2020
Senator John Thune rebukes lift on Brazilian beef
WASHINGTON, D.C. (KELO.com) -- U.S. Sen. John Thune (R-S.D.), a longtime member of the Senate Agriculture Committee, today led a bipartisan group of senators in expressing their concern with the U.S. ...
Feb 28, 2020
Iran rejects BBC Persian report of at least 210 coronavirus deaths
DUBAI (Reuters) - The fast-spreading coronavirus has killed at least 210 people across Iran, the BBC's Persian service reported on Friday, citing hospital sources, far more than reported by the Health...
Feb 28, 2020
FIA make private settlement with Ferrari over F1 engine
LONDON (Reuters) - Formula One's governing body said on Friday it had reached a settlement with Ferrari after technical investigations into the team's 2019 power unit. Details of the agreement were ke...
Feb 28, 2020
