Friday, 19 September 2014
Last updated 3 hours ago
Apr 15 2010 | 1:46pm ET
Harbinger Capital Management has taken a 9.48% stake in Palm Inc., the personal digital assistant maker.
The New York-based hedge fund, headed by Philip Falcone, revealed the passive investment in a regulatory filing. The firm now owns some 16 million Palm shares.
Rumors have circulated that Palm may put itself up for sale. The company has reportedly hired Goldman Sachs and Qatalyst Partners to help it evaluate its options.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.