Tuesday, 23 September 2014
Last updated 6 hours ago
Jan 30 2013 | 2:38pm ET
Herbalife is taking a page out of the activist hedge fund playbook.
The nutritional supplements company, attacked by Pershing Square Capital Management's William Ackman as a "pyramid scheme," has bought at least three domain names referencing Ackman, the New York Post reports. The Web sites are not currently active, but Herbalife could use them to create a site to counter Ackman's factsaboutherbalife.com.
The domains owned by Herbalife are therealbillackman.com, billackman.net and therealackman.net. The company bought them on Jan. 18, a month after Ackman's three-hour long presentation laying out his case against Herbalife.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitich, CIO of Petty Endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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.