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Us-based Money Market Funds Post 51 Billion Net Outflows For Week Lipper

NEW YORK – U.S.-based money market funds posted $51 billion of net outflows for the week ended Wednesday, the largest cash withdrawal since 2011 and the seventh...

Activist Investor Land Amp Buildings Resumes Criticism Of Hudsons Bay

TORONTO – Activist investor Land & Buildings on Thursday resumed its criticism of department store owner Hudson’s Bay Co (HBC.TO), urging it to correct...

Investors Poured 754 Billion Into Equity Etfs After Rocky G7 Meeting Ici

NEW YORK – Equity exchange-traded funds, which draw a diverse set of clients including fast-trading hedge funds, attracted $7.54 billion of net new cash in the...

Hedge Fund Tourbillon Hires Berman As President

NEW YORK – Hedge fund Tourbillon Capital Partners, which has made headlines with negative returns lately, hired former hedge fund manager Ross Berman as its...

Post-mifid Ii Most Hedge Funds Make Clients Foot Research Bill

LONDON – The majority of hedge funds are passing on charges for investment research to investors under new European Union rules, despite years of poor average...

Mellanox Starboard Settle On New Board Members

NEW YORK – Chipmaker Mellanox Technologies Ltd struck a settlement with activist investor Starboard Value LP to appoint new board members and name a director if...

Activist Icahn Gains Control Of Board In Proxy Fight At Sandridge Energy

OKLAHOMA CITY – Activist investor Carl Icahn on Tuesday won a battle for control of SandRidge Energy, winning at least four of seven seats on the board of the U.S....

Activist Carl Icahn Gains Control Of Board In Proxy Fight At Sandridge Energy

OKLAHOMA CITY – Activist investor Carl Icahn on Tuesday won at least four seats on the board of SandRidge Energy (SD.N), winning a battle for control of the U.S....

New Spider Etf Captures Facebook Atampt In Its Web

NEW YORK – State Street Global Advisors said on Tuesday that it had launched an exchange-traded fund (ETF) that will track the recently refreshed communication...

Fujifilm Sues Xerox For Well Over 1 Billion After Aborted Merger

NEW YORK – Fujifilm Holdings Corp (4901.T) sued Xerox Corp (XRX.N) on Monday for well over $1 billion, faulting the printer and copier company for succumbing to...