Tuesday, 31 March 2015
Last updated 13 hours ago
Jun 25 2013 | 10:20am ET
Pine River Capital Management doesn't appear to hold out much hope that Third Point's Daniel Loeb will succeed in his activist campaign to transform Sony Corp.
The hedge fund is shorting the electronics giant's shares, ValueWalk reports. Pine River opened its short before the beginning of the year, months before Loeb bought a large stake in the company and began pushing it to partially spin-off its entertainment division.
Shareholder activism has not proven terribly successful in Japan, and Sony seems cool to Loeb's plans.
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…