Billionaire investor William Ackman told investors that betting on Valeant Pharmaceuticals International Inc was a "huge mistake" and apologized "deeply and profoundly" for losing so much of his shareholders' money on the investment.
Hedge fund impresario John Paulson, struggling from losses and investor outflows in 2016, has drastically slashed bonuses to top executives at his once high-flying investment firm, the Fox Business Network has learned.
SkyBridge Capital Founder Anthony Scaramucci on potential future in the Trump administration.
Elizabeth Holmes seems to have misled everyone, but a hedge fund should never have written an enormous check to a high-risk startup in the first place.
About 10 hedge funds that clear derivatives trades with Deutsche Bank AG's (DB) have moved part of their holdings, Bloomberg News reported Thursday, citing an internal document.
The U.S. Securities and Exchange Commission on Wednesday charged hedge fund manager Leon Cooperman and his firm Omega Advisors with having relied on private information to make trades.
We asked experts if it's time to shake up your investment mix. See what they said.
After months of confusion, Valeant Pharmaceutical’s new chief said Tuesday the troubled company is looking to sell assets to reduce its massive debt load—including its crown jewel, the Bausch & Lomb.
Einhorn, Dalio and Ackman may not be household names, but they have a reputation of earning big money.
Hedge funds lost money for their investors last year but the industry's top-paid managers had a banner year, with five men earning more than $1 billion each in 2015, an industry survey released on Tuesday showed.
Source: BIGSTOCK .
Angry protesters shut down Entrust a major investor conference hosted by Entrust Capital this afternoon that boasted former president George Bush and a host of Wall Street heavyweights a spokesman for the protesters and attendees confirmed to the FOX Business Network.
Hedge fund impresario Steve Cohen is in the market again, this time not just to buy some stocks but also to find a new firm to help monitor his market activities, the FOX Business Network has learned.
The SEC green lights Steve Cohen’s return to Wall Street after a bruising and public securities case against the billionaire.
Herbalife is hauling out its legal team for another go-around with activist investor Bill Ackman.
Hedge fund impresario Steven A. Cohen has signaled that he’s looking to expand his trading activities in Asia, the latest indication that the former head of SAC Capital thinks he can return to managing money for outside investors after a series of regulatory issues barred him from the securities business for the past two years, the FOX Business Network has learned.
Herbalife threw a jab at Bill Ackman as the hedge fund manager and Valeant Pharmaceuticals investor mounted a defense of the drug company.
Activist investor Nelson Peltz secretly met with board members of DuPont Co. to once again push his plans for major structural reforms at the chemical giant.
Unless Congress takes a stand and passes new legislation targeting insider trading on Wall Street, the practice isn’t going away anytime soon.
Democratic presidential candidate Hillary Clinton unveiled her plan to combat the “abuses of Wall Street” in a statement released on Thursday.