Hedge Funds

After boasting success in its Whole Foods Market (NYSE: WFM) mission, Jana Partners is moving in on another household name. The investor initiated a position in Pandora Media Inc (NYSE: P) in early June and, despite its reputation for activism, indicated in a meeting with Pandora management the...

With the S&P 500 up another 9.8 percent in 2017, investors are growing increasingly impatient with underperforming hedge fund managers. Active money managers have struggled to keep pace with the market for years now, but even some of the most recognizable money managers on Wall Street are now...

First tweets say a lot about a person, like what’s worth breaking silence for. When Goldman Sachs Group Inc (NYSE: GS) CEO Lloyd Blankfein composed his first Twitter Inc (NYSE: TWTR) post last month, he knew it would carry weight. Blankfein joined the online community in 2011 and remained a...

Activist investor Nelson Peltz has officially launched a proxy battle against Procter & Gamble Co (NYSE: PG) and his comments on Monday may lead some to conclude it won't be as hostile compared to other campaigns. For instance, Peltz acknowledged during a CNBC interview that P&G is a...

Nelson Peltz's Trian Fund Management has declared a proxy war against Procter & Gamble Co (NYSE: PG), according to a report from The Wall Street Journal. Peltz, an activist investor and co-founder of Trian, also owns $3.3 billion worth of P&G stock and is looking to gain representation...

It's my favorite time(s) of year! JPMorgan (JPM), Citigroup (C) and Wells Fargo (WFC) kick off earnings season this morning but it's a very low bar set for the banks as they have all cut their profit forecasts in the last few weeks so expectations are low – especially as the 2nd...

Restaurant Brands International Inc (NYSE: QSR) fell more than 1 percent Wednesday on news that Pershing Square Capital Management divested a 10 million share block. But the sale wasn't reflective of any negative sentiment toward the company. It was “simply for portfolio management...

The financial sector will begin releasing second quarter earnings later this week with major bank stocks scheduled to report on Friday. Bank stocks had gained substantially immediately after Donald Trump emerged victorious in the U.S. Presidential elections. But as the Trump trade sputters, the...

Deutsche Bank AG DB is set to move a major part of its business currently executed in London to its headquarters in Frankfurt due to Brexit. The news was first reported by Bloomberg. The strategy is being finalized by the bank and is expected to take effect over the next 18 months. Deutsche Bank...

A few days ago, Agecroft Partners founder and CEO Don Steinbrugge wrote an article titled “Why There's A Big Opportunity In Asia-Focused Hedge Funds.” Asia-based, Asia-focused hedge funds offer great opportunities for investors nowadays; Steinbrugge told Benzinga in a follow-up...

Having previously disrupted the energy sector with a breakup of El Paso Corporation Preferred Stock (NYSE: EP-C) operations, Jana Partners LLC is taking a swing at natural gas. The activist hedge fund’s latest 13F revealed a stake in Resolute Energy Corp (NYSE: REN), and on Monday, it...

Senate Republicans recently introduced a draft Bill to replace Obamacare to remove the obstacles in the way of Medicaid expansion. This Bill adds to the positive sentiments over President Trump's much-awaited pro-growth policies like tax reforms, which are expected to benefit biotech companies...

Joe Biden, the former vice president who once mused about beating up then-candidate Donald Trump last year, shook his fist at hedge fund trader Bill Ackman and may have even threatened to punch him out during a testy exchange at a ritzy dinner in Las Vegas, reports say. A verbal skirmish took place...

Activist investor Daniel Loeb's Third Point disclosed over the weekend a 3.28 billion Swiss franc ($3.4 billion) stake in the Switzerland-based giant Nestle SA (ADR) (OTC: NSRGY), best known for its chocolate products and beverages offerings. Third Point's stake in Nestle marks one of the biggest...

This weekend's Barron's features a look at how Canadian stocks have fared and how to play the trends. Other featured articles discuss one particular Canadian stock that has caught the eye of short sellers and a rising software star benefiting from the ecommerce arms race. The...