Page 23 - Daniel Loeb News Today

A government shutdown in October would come at a particularly “inopportune moment” for markets, one economist says.

Global hedge funds increased their bets that stocks will fall in a week when bonds yields rose after the United States' credit rating was downgraded, a Goldman Sachs report on Friday showed. Hedge funds added 4.6 short positions to each long position from July 7 to Aug. 3. Hedge funds were forced to partially unwind short bets in July to avoid further losses during a market rally triggered by better-than-expected corporate earnings.

Global hedge funds increased their bets that stocks will fall in a week when bonds yields rose after the United States credit rating was downgraded, a Goldman Sachs report on Friday showed....

Billionaire investor Daniel Loeb has reduced the size of short bets on single named companies to limit the vulnerability of his hedge fund, Third Point, to short squeezes, he said in a letter on Tuesday. "The short-selling environment is much more challenging than it has been historically," said Loeb in the letter. Loeb, who runs Third Point - which had around $12.6 billion in assets under management at end-February - said his top five winners this quarter included utility Pacific Ga...

Billionaire investor Daniel Loeb has reduced the size of short bets on single named companies to limit the vulnerability of his hedge fund, Third Point, to short squeezes, he said in a letter on Tuesday...

A look at the Third Point and Wedgewood Partners common holdings as of the 1st quarter

The manager of the FPA Cresecent Fund releases 2nd-quarter portfolio

Shell is exploring selling a stake in its green energy business as it focuses investment in oil and gas. The FTSE 100 company is said to have approached third parties about offloading part of its global renewable power operations just days after its chief executive warned cutting oil and gas production risked driving up the cost of living. Another option could see Shell establish the renewables arm as a more separate and independent business.

Shell is exploring selling a stake in its green energy business as it focuses investment in oil and gas.

Activist investors are increasingly vocal about the upsides of a spinoff