Jun 3 2013 | 1:31pm ET
Investors pulled $1.7 billion from SAC Capital Advisors in February, but are set to redeem more than twice as much today, the firm's second-quarter redemption deadline. If the firm's estimate of roughly $3.5 billion is correct—and its February estimate was $700 million lower than actually suffered—it will have to pay out more than half of its remaining outside capital by the end of the year.
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…