Harbinger Reports Its Value Grew to $1.87 Billion in Latest Quarter
Harbinger Holdings reported that the value of its investments grew by more than a quarter to $1.87 billion in the quarter ended March 31, according to a regulatory filing.
Paulson Shows Stakes in Caesars, Viacom, Prestige Brands
By Liz Moyer
Hedge fund manager John Paulson's firm reported stakes in Caesars Entertainment, Viacom and Prestige Brands in the first quarter and reduced stakes of Tenet Healthcare and SunTrust Banks.
Bloomberg News
It also reported a stake of 31....
Exchanges Lay Plans For Facebook’s Market Debut
U.S. stock exchanges continued a round of system tests and preparations ahead of Friday's greatly anticipated initial public offering of Facebook shares.
Who Wants to Buy Sunoco’s Gas Stations?
What’s a pipeline company to do with nearly 5,000 gas stations? Sell them, analysts and bankers say.
Deals of the Day: In Facebook IPO, Frenzy, Skepticism
Deals of the Day compiles this morning’s biggest news about mergers and acquisitions, banking, bankruptcy and more.
Yahoo’s Issues Have Broad Resonance
Yahoo's travails offer a stew of corporate governance issues that resonate well beyond the Internet company.
Deals of the Day: Heads Roll at JPM, Yahoo, Best Buy
Deals of the Day compiles this morning’s biggest news about mergers and acquisitions, banking, bankruptcy and more.
Jamie Dimon: ‘I Was Dead Wrong’
It’s not often that Jamie Dimon publicly says he is dead wrong. But that is exactly what he did this morning on “Meet Press.”
Regulating the Whale
Advocates of financial reform are quick to say that the massive losses at J.P. Morgan from a derivatives trader nicknamed the “London Whale” prove Washington needs to rein in Wall Street and regulators need to continue slogging through implementati...
JPM to Employees: ‘We Must Remain Vigilant’
J.P. Morgan's top brass is trying to reassure employees the firm isn't going down the same unfortunate path other risk-loving banks have followed after disclosing a $2 billion trading loss generated by the bank's Chief Investment Office.
J.P. Morgan, Volcker, ATMs And More
It was late 2009, at a conference on finance outside of London, and the estimable Paul Volcker was letting the bankers have it.
SALT: Hedge Funds Turn Bearish
Some of the hedge-fund industry’s best-known managers struck a bearish tone this week, offering investment ideas that reflect the uncertain future for many of world’s biggest economies – and the markets.
