Monday, 30 March 2015
Last updated 2 days ago
Feb 25 2013 | 11:52am ET
Activist hedge fund managers are licking their chops this year, according to a new report from Moody's Investor Services.
Such managers will pursue larger targets this year as corporate balance sheets grow alongside investors' taste for risk, Moody's said in the report, issued in the midst of Greenlight Capital's battle with Apple Inc. over that company's $137 billion cash horde.
"Record cash on corporate balance sheets, a ready supply of inexpensive debt and increased shareholder risk appetite given the low interest-rate environment are just a few of the contributing factors," Moody's wrote.
The ratings agency warned that technology, industrial goods, consumer goods, basic materials, pharmaceutical and energy companies, especially those whose stock price have taken a beating, are at highest risk.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…