Wednesday, 1 April 2015
Last updated 4 hours ago
Jul 22 2014 | 1:12pm ET
Elliott Management is keeping busy, using the time it’s saved by Argentina’s refusal to negotiate to launch a new activist campaign.
Elliott, which has been pushing for talks with Argentina to settle its 2001 default to no avail, has taken a 2% stake in EMC Corp. The hedge fund wants the Hopkinton, Mass.-based data-storage company to spin off its VMware Inc. subsidiary, which it says is being harmed by EMC’s performance.
Elliott spent more than $1 billion on the stake, which makes it EMC’s fifth-largest shareholder.
EMC said it is “always happy to meet with our shareholders.”
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…