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REUTERS/Steve Marcus Dan Loeb’s Offshore and Ultra funds hold respective gains of 14.5% and 23% this year. The average hedge fund was up 5.92% through September 2017. Third Point LLC, the hedge fund founded by billionaire investor Daniel Loeb, continues to post impressive returns when compared to its peers. In a letter to clients Friday, following the end of the […]
ANALYSIS: When Netflix officially entered the market for original video content in 2013, it pulled a neat trick on all its rivals that has left them choking on its dust. The trick? It succeeded right from the start. It made great shows like “House of Cards” and “Orange is the New Black.” As a result, […]
Gonzalo Fuentes/ Reuters Equity markets have been red hot, but one area of Wall Street has been even hotter. Shares of alternative investment managers — those which deal with assets outside of traditional equities, like private equity, distressed debt and real estate — are up roughly 40% so far this year, over double the S&P 500‘s benchmark […]
Published time: 9 Oct, 2017 07:56 Edited time: 9 Oct, 2017 08:43 Iran has vowed a “firm and crushing” reaction should Washington decide to include the elite wing of its army, the Islamic Revolutionary Guard Corps (IRGC), on its list of terrorist organizations, according to the country’s foreign ministry. Tehran’s response will be “firm, decisive […]
T. Rowe Price Justin White started his career “at a consulting firm you’ve never heard of.” But after joining the asset-management giant T. Rowe Price, and showing a strong track record as a media and tech analyst, he was tapped last April to run its New America Growth Fund. Like many peers who made big bets on […]
AP Images US companies are absolutely on fire this earnings season. Even amid lofty expectations, they’re beating analyst forecasts for both sales and profit to a degree not seen in 13 years. This surely means their stocks are surging, right? After all, aren’t corporate earnings the number one driver of share appreciation? Well, it’s not […]
Video Image Verstappen: I don’t like it0:45 F1: Red Bull driver Max Vertsappen says he doesn’t know why the new driver protection halo is needed in Formula One. July 28th 2017 2 days ago /display/newscorpaustralia.com/Web/NewsNetwork/Sport news and galleries/Motorsport/ Mercedes’ British driver Lewis Hamilton prepares to take part in a practice session at the Hungaroring racing […]
LinkedIn A hedge fund set up by Aaron Cowen, a former chief investment officer at SAC Capital, is crushing it this year. Suvretta Capital Management’s master fund is up 12.5% after fees for the first six months of the year, according to an investor document seen by Business Insider. The fund has gained an additional 5% or […]
Raven Baxter is back(ster)! Following tonight’s premiere of Descendants 2 (8/7c), Disney Channel is debuting the first episode of the highly anticipated That’s So Raven spinoff (10/9c) — and TVLine has an exclusive sneak peek of the family friendly madness to come. Picking up X number of years after the original series, Raven’s Home follows […]
Netflix took off after announcing better than expected earnings for the second quarter. The company added 5.2 million total streaming subscribers, which was much higher than the 3.2 million expected by Wall Street. It also beat Wall Street’s guidance numbers for the third quarter, saying it expects 4.4 million new subscribers compared to the 3.99 […]
