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The Times Leader
Billionaire Bill Ackman explained how he pulled off a $2.6 billion trade lauded as 'the single best' of all time
During a podcast appearance this week, billionaire investor Ackman ... a multi-billion dollar profit by turning a $27 million position into a $2.6 billion windfall through defensive hedge bets ...
Nanticoke/West Nanticoke Bridge posted for 15 tons
Sears has now been reduced to a couple hundred stores after being bought by hedge fund billionaire ... $11.2 billion. Its shares are trading at less than 20 cents, down from $1.26 a year ago ...
The Times Leader
Eleven Hedge Fund Traders Scored Big During Worst of the Crisis
Most hedge funds ... billion in equities after gaining confidence “that the president and his team were heading in the right direction,” he said in a Bloomberg TV interview. The moves helped ...
Investing During Coronavirus: Wedbush Says Royal Caribbean Stock Is the Best Cruise Buy
As InvestorPlace ... investors to profit from an otherwise gloomy reality. Are you hungry for a hot dog? I sure am, especially as the weather heats up. It turns out, hedge funds are also hungry ...
SoftBank’s Masa-Misra Partnership Strained by Losses, Infighting
(Bloomberg) -- In early March, before the coronavirus pandemic triggered a global economic lockdown, SoftBank Group Corp. founder Masayoshi Son paid tribute to Rajeev Misra, the man who runs his $100 ...
World Health Organization
On Monday, WHO Director General Dr Tedros Adhanom Ghebreyesus (left) announced the organization was suspending the hydroxychloroquine (inset, center) arm of its trial over safety concerns.
Uber Technologies, Inc. (UBER)
The parent company said its ownership stake will fall to 62.1% after the deal, which closes May 26.Founder Masayoshi Son has said he would sell off about $42 billion in assets to help finance ...