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Former BlackRock fund manager arrested in insider trading probe
ReutersBy Tommy Wilkes LONDON, May 14 (Reuters) - Asset manager BlackRock said on Tuesday that one of its former employees was arrested in April by City of London police on suspicion of insider dealing. BlackRock did not name the individual but a source...Tags: Swiss Confederation, Insider Trading, Police Arrests, United Kingdom
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Hedge fund nominees to Hess board to forgo special pay package
ReutersNEW YORK, May 13 (Reuters) - An activist hedge fund's nominees to the Hess Corp board of directors said they were waiving their right to receive a special pay package from the fund if the oil and gas company outperforms its peers under their watch....Tags: Petroleum Industry, Lobbying, Politics, Board of Directors
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Level Global co-founder gets 6-1/2 years prison insider trading
ReutersNEW YORK, May 10 (Reuters) - Hedge Fund Level Global Investors LP co-founder Anthony Chiasson was sentenced on Monday to 6-1/2 years in prison for insider trading. At a court hearing in Manhattan, U.S. District Judge Richard Sullivan also ordered...Tags: Justice System, Prosecution, Insider Trading, Punishment, Dell Inc.
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Hedge fund nominees to Hess board forgo controversial pay scheme
ReutersNEW YORK (Reuters) - An activist hedge fund's nominees to the Hess Corp board of directors said they were waiving their right to receive a controversial pay package under which the fund will pay them extra if the oil and gas company outperforms its...Tags: Corporate Officers, Petroleum Industry, Companies and Corporations, Stock Market, Energy Resources
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To beat the bull market, focus on company owners
ReutersNEW YORK (Reuters) - For Peter Doyle, manager of the $1 billion Kinetics Paradigm No-Load fund, beating the performance of nearly every other world stock fund over the last year was simple: where competitors diversified abroad, he focused almost...Tags: Morningstar Incorporated, Radio, Federal Reserve, Media Industry, Economy, Business and Finance
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Donations, lobbying by high-speed traders on the rise -report
ReutersBy Sarah N. Lynch WASHINGTON, May 13 (Reuters) - High-frequency trading firms increased their campaign contributions to federal lawmakers by 673 percent from the 2008 to the 2012 election cycle, according to a report that sheds light on their political...Tags: U.S. Congress, Lobbying, Politics, U.S. Senate Committee on Banking, Housing, and Urban Affairs, Washington, DC
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Donations, lobbying by high-speed traders on the rise: report
ReutersWASHINGTON (Reuters) - High-frequency trading firms increased their campaign contributions to federal lawmakers by 673 percent from the 2008 to the 2012 election cycle, according to a report that sheds light on their political connections in Washington...Tags: U.S. Congress, Lobbying, Politics, U.S. Senate Committee on Banking, Housing, and Urban Affairs, Mark Kirk
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Hess offers activist hedge fund Elliott two board seats
ReutersNEW YORK, May 13 (Reuters) - Oil and gas company Hess Corp offered hedge fund Elliott Management two seats on its board as the company looks to avoid losing five seats to the activist at its annual meeting this week. "Consistent with our commitment to...Tags: Petroleum Industry, Companies and Corporations, Annual and Special Corporate Meetings, Board of Directors, Economy, Business and Finance
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State to sell off some of its $1 billion in unclaimed property
TALLAHASSEE — In a small room in a downtown Tallahassee office building sit mounds of treasure — some of it worth thousands of dollars and some nothing more than its place in someone's memories. There are diamond necklaces and brooches....
Tags: Auction Service, Finance, Insurance, Fort Lauderdale, Jeffrey Atwater
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Factbox: Argentina's upcoming payments on foreign-currency bonds
ReutersBUENOS AIRES (Reuters) - Argentina is embroiled in a high-stakes legal dispute with "holdout" creditors who shunned debt swaps that the South American country hoped would put its 2002 default to rest. U.S. courts jolted markets last year by ruling in...Tags: Aurelius Capital Management, LP, South America, Argentina
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READER SUBMITTED: Save the Date: Connecticut Wealth Management 2013 Economic Outlook Event May 15
FarmingtonConnecticut Wealth Management, LLC (www.ctwealthmgmt.com), a Registered Investment Advisor, invites you to their annual Economic Outlook event on May 15. The event will be held at the Shuttle Meadow Country Club in Kensington beginning at 5 p.m. The...Tags: Financial Planning, Finance, Economy, Business and Finance, Kensington
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PRESS DIGEST - Financial Times - May 13
ReutersMay 13 (Reuters) - Headlines Bloomberg alerted to access issue in 2011 () Bischoff to take his leave from Lloyds () Dual-track Libor replacement lined up () Aviva push into rented housing is 'sea-change' () Top hedge funds bet on Greek banks ()...Tags: Finance, Insurance, Rentals, Economy, Business and Finance
May 14, 2013
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May 13, 2013
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May 13, 2013
|Story| South Florida Sun-Sentinel
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May 12, 2013
|Story| Hartford Courant
May 12, 2013
|Story| Reuters
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