Business > Finance

Inside Elliott Management: How Paul Singer's Hedge Fund Always Wins

11 monthes ago   |   By

If not for the watermelons, Elliott might have won in Korea.
In the summer of 2015, the activist hedge fund founded by Paul Singer had gone to war in the Republic of Samsung to stop the South Korean conglomerate from going through with what Singer considered to be an unfair deal. Elliott Management, the hedge fund that Singer launched 40 years ago and still leads today, was then a large investor in Samsung's construction division. The trouble started when Jay Y. Lee, the son of the coma-bound chairman of the Samsung chaebol, started to consolidate power over Korea's biggest company. When...
Read more ...

 

North Korea says war on the Korean Peninsula is inevitable

North Korea says war on the Korean Peninsula is inevitable

11 monthes ago   |   By

SEOUL, South Korea - North Korea says a nuclear war on the Korean Peninsula has become a matter of when, not if, as it continued to lash out at a massive joint military exercise between the United States and South Korea involving hundreds of advanced warplanes. In comments attributed to an unnamed Foreign Ministry spokesman, North Korea also claimed high-ranked U.S. officials, including CIA Director Mike Pompeo, have further confirmed American intent for war with a series of "bellicose remarks." Pompeo said Saturday that U.S. intelligence agencies believe North Korean leader Kim Jong Un...
Read more ...

 

North Korea says US threats make war unavoidable on Korean Peninsula

11 monthes ago   |   By

U.S. military drills and threats against Pyongyang have made war on the Korean Peninsula "an established fact", North Korea's foreign ministry said.
Read more ...

 


Search by Tags

   Finance      Magazine      Activist hedge funds      Elliott Management      Hedge fund      Hedge Funds      Investor's Guide      U.S.  


David's Bridal files for bankruptcy, says company will stay open for business

David's Bridal files for bankruptcy, says company will stay open for business

Another bridal store has filed for bankruptcy, but assures customers the company says it will remain open for business. Read more ...

The Best Investing Advice for 2019 From Fortune's Experts

The Best Investing Advice for 2019 From Fortune's Experts

The economy and the stock market don't always march in lockstep, and investors got a sharp reminder of that fact this fall. Parade-and-fireworks-worthy GDP growth and... Read more ...

Apple reportedly cuts production orders for all 3 new iPhone models

Apple reportedly cuts production orders for all 3 new iPhone models

The pricey iPhone XR, XS, and XS Max are all apparently seeing production order reductions ahead of a potentially dicey holiday season for Apple. Read more ...

Health coalition renews push to raise Indiana cigarette tax by $2 a pack

Health coalition renews push to raise Indiana cigarette tax by $2 a pack

A coalition of health and business groups is renewing its push for Indiana lawmakers to increase the state's cigarette tax by $2 per pack. Read more ...

Theresa May admits the Brexit transition period could last until 2022

Theresa May admits the Brexit transition period could last until 2022

Theresa May says the UK will end the Brexit transition period before the next general election in May 2022. She has previously suggested any extension would only last a few... Read more ...

Finland's president doesn't know what Trump was talking about with 'raking'...

Finland's president doesn't know what Trump was talking about with 'raking' comments on California fires

Finland's President doesn't remember telling Trump they rake forest floors to prevent wild fires, he told media on Sunday. Trump told CNN on Saturday that Finns "spent a lot of... Read more ...

The Best Investing Advice for 2019 From Fortune's Experts

The Best Investing Advice for 2019 From Fortune's Experts

The economy and the stock market don't always march in lockstep, and investors got a sharp reminder of that fact this fall. Parade-and-fireworks-worthy GDP growth and... Read more ...

Theresa May reaches judgement day with Tory MPs just a handful of letters...

Theresa May reaches judgement day with Tory MPs just a handful of letters short of challenge

Conservative rebels are closing in on a leadership challenge against Theresa May. Reports suggest party officials have almost reached the 48-letter threshold required for a... Read more ...

Inclusivity, allyship and POC: 2020 Democrats go all-in on identity politics

Inclusivity, allyship and POC: 2020 Democrats go all-in on identity politics

Democrats thinking about running for president in 2020 are dramatically changing the way the party talks about race in Donald Trump's America: Get ready to hear a lot more... Read more ...

Mark Zuckerberg reportedly blamed Sheryl Sandberg for the Cambridge...

Mark Zuckerberg reportedly blamed Sheryl Sandberg for the Cambridge Analytica fallout, making her worry for her job

Mark Zuckerberg allegedly met with his COO, Sheryl Sandberg, in the spring and said he blamed her for the fallout over the Cambridge Analytica scandal, according to a new Wall... Read more ...