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Lowes Nominates Directors After Constructive Talks With De Shaw

– Home improvement chain Lowe’s Cos Inc (LOW.N) said it has nominated two independent board members and plans to add a third following...

Lowes Names Two Directors After Talks With Activist Investor

– Lowe’s Cos Inc (LOW.N) said on Friday it added two board members, a week after reports that hedge fund D.E. Shaw & Co had built an active stake in the...

Ex-bank Of America Executive Malik To Launch Fund Advisory Firm

NEW YORK – Omeed Malik, a former Bank of America Merrill Lynch executive, is preparing to launch an advisory firm for hedge funds and other so-called alternative...

Exclusive Blackstones Hill Hands Hedge Fund Reins To Mccormick

BOSTON – After nearly two decades of growing Blackstone Group into the world’s biggest hedge fund investor with some $74 billion in assets, J. Tomilson Hill...

Toshiba Sees 37 Bln Balance Sheet Improvement From Westinghouse Deal

TOKYO – Toshiba Corp said on Thursday it would sell its claims in bankrupt nuclear unit Westinghouse Electric Co to a group led by the Baupost Group – a move...

Toshiba Sees 37 Billion Balance Sheet Improvement From Westinghouse Deal

TOKYO – Toshiba Corp said on Thursday it would sell its claims in bankrupt nuclear unit Westinghouse Electric Co to a group led by the Baupost Group – a move...

Exclusive Activist Investor Sachem Head Pushes Whitbread To Consider Break-up -sources

LONDON – Activist investor Sachem Head has asked Whitbread (WTB.L) to consider a break up of its Costa Coffee chain from its hotels and restaurant businesses, two...

Stock Fear Index Snaps Out Of Extended Snooze Jumps To Six-week High

NEW YORK – A widely followed gauge of expected near-term stock price gyrations perked up on Tuesday to a six-week high as traders took to the equity options market...

Greenlights Einhorn Bets On Brighthouse Makes Money On Gm

BOSTON – Hedge fund manager David Einhorn told investors on Tuesday that he made several new bets, including a “large” one on Brighthouse Financial,...

Bitcoin Other Cryptocurrencies Tumble On Government Crackdown Worries

LONDON/NEW YORK – Bitcoin slid as much as 18 percent on Tuesday to a four-week low, as worries about a regulatory crackdown on the market spread after reports...