Hedge fund buys 9.9 percent stake in Groupon
Shares of Groupon are up in after-hours trading after a hedge fund disclosed it bought a 9.9 stake in the online deals company.
Business
Nov 20, 2012
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Page 7 - News tagged with hedge funds
PokerStars parent company wants to buy US casino
The owner of the world's largest online poker website wants to add a brick-and-mortar casino to its portfolio.
Business
Jan 16, 2013
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Yahoo board to discuss sale of core business: report
Yahoo's board will meet to discuss whether it should sell its core business instead of its Alibaba stake, according to a report Tuesday in The Wall Street Journal.
Business
Dec 2, 2015
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Stock market returns track the strength of the dollar
A new paper in Oxford Open Economics, published by Oxford University Press, shows that the US dollar can be considered as a major global factor that investors look at when making their portfolio allocation decisions in stock ...
Economics & Business
Mar 29, 2022
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Smithsonian launches marine effort with $10M gift
(AP)—The Smithsonian is launching a new initiative to study coastal waters and create the first global network monitoring climate change and human impacts on ocean life with a $10 million gift.
Environment
Oct 25, 2012
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Hedge fund boss Loeb lobbies for breakup of Sony (Update 4)
The U.S. hedge fund manager renowned for shaking up Yahoo Inc. has set his sights on Sony Corp., proposing that the Japanese electronics giant spin off up to 20 percent of its movie, TV and music division and use the money ...
Business
May 14, 2013
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Hedge fund urges Yahoo to shift Alibaba strategy
A hedge fund with a stake in Yahoo urged the Internet giant Thursday to drop its planned spinoff of its stake in China's Alibaba and instead sell the "core" search business.
Business
Nov 19, 2015
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Rebel Apple investor tries to rally Street
(AP)—A Wall Street maverick who wants Apple to share more of its wealth with investors took his case to other shareholders Thursday, urging them to send management a message by voting against a company proposal at the upcoming ...
Business
Feb 22, 2013
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Sony mulls hedge fund's entertainment sale idea
Sony's CEO Kazuo Hirai says the electronics giant's board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division.
Business
May 22, 2013
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AOL unveils buyback, special dividend
AOL said Monday it was launching a share buyback worth some $600 million and paying a special dividend as part of its plan to distribute proceeds from a billion-dollar patent sale.
Business
Aug 27, 2012
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