05/03/2016

Ackman defends Valeant, hints at more changes

Billionaire investor William Ackman on Monday mounted a vigorous defense of Valeant Pharmaceuticals , ruling out any sale of the drug company's "crown jewel" assets but saying price cuts and even a new name may be in its future.

05/03/2016

Financial Gravity Holdings Introduces the Fractional Family Office

Due to the complexity of the various disciplines it has been previously impossible for a small business owner or the entrepreneur to have access to the tools and strategies of the wealthy. Now Financial Gravity brings these benefits to a larger market.

04/28/2016

Raymond James looks coastward for growth

Reilly cited steady expansion by both the company’s independent and employee channels into the Northeast, California, Oregon and Washington markets where Raymond James has traditionally had a low market share.

04/26/2016

Why Hedge Funds May Not Get a Windfall from Puerto Rico

In theory, hedge funds can pursue a lucrative strategy of buying impaired bonds from less knowledgeable investors at deeply discounted prices and then taking aggressive legal action to collect all, or almost all, of the promised principal and interest.

04/26/2016

$5B Hedge Fund Aurora to Liquidate

The announcement follows the termination of an acquisition deal which would have seen Northern Trust’s 50 South Capital Advisors take ownership of Aurora.

04/25/2016

Goldilocks levels for US home inventories

This sustained improvement mirrors the state of the US labour market. Participation rates, which measure the active portion of the economy, edged up to 63.0% in March, according to US Bureau of Labor Statistics data.