Friday, 27 March 2015
Last updated 3 hours ago
Jul 3 2008 | 2:00am ET
Less than a week after getting in the game, SAC Capital Management is taking a step back when it comes to Take-Two Interactive Software.
The Stamford, Conn.-based hedge fund giant yesterday said it had cut its stake in the video game company to 4.4% from 5.3%, and did not intend to file further updates with the Securities and Exchange Commission. SAC had unveiled its stake in Take-Two, which is facing a hostile takeover bid from rival Electronic Arts, just last week.
SAC has not made any public activist demands of Take-Two.
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…