Hedge Fund and Insider Trading News: Scott Ferguson, David Tepper, D.E. Shaw, Elliott Management, Federal Signal Corporation (FSS), E. W. Scripps Co (SSP), and More : vimarsana.com
Hedge Fund and Insider Trading News: Scott Ferguson, David Tepper, D.E. Shaw, Elliott Management, Federal Signal Corporation (FSS), E. W. Scripps Co (SSP), and More Appaloosa Management whose comments have been known to move markets, said it’s very difficult to be bearish on stocks right now and thinks the sell-off in Treasurys that has driven rates higher is likely over. The major market risk has been removed, Tepper said, adding that rates should be more stable in the short term. (Reuters) – International Flavors & Fragrances Inc said on Monday it has offered Sachem Head Capital Management’s Scott Ferguson a seat on the chemical company’s board, potentially staving off a broader activist push. The hedge fund amassed a roughly $1 billion stake in IFF and had nominated four directors to its board, Reuters reported in February, after IFF completed a $26.2 billion merger with DuPont’s nutrition unit.