Saturday, 30 August 2014
Last updated 1 day ago
Feb 14 2008 | 1:11am ET
Edward Lampert’s faith in auto retailer AutoNation Inc. has been rewarded so far this year, and he’s betting that’s just a sign of things to come.
Lampert’s hedge fund, ESL Investments, bought another $20 million worth of AutoNation shares earlier this week, taking its stake up to almost 33%. ESL revealed its new investment in a filing with the Securities and Exchange Commission yesterday.
Shares in Fort Lauderdale, Fla.-based AutoNation are up more than 25% since the middle of January.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...