Dec 11 2006 | 10:15am ET
Stamford, Conn.-based hedge fund SAC Capital is hoping to derail Freeport McMoRan Copper & Gold’s proposed $25.9 billion buyout of copper-mining giant Phelps Dodge, according to the New York Post. SAC today, in a Securities and Exchange Commission filing, said it had acquired a 5.1% stake in Phelps Dodge.
According to the Post report, SAC is unhappy with the price offered by Freeport McMoRan when commodity prices are rallying.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…