| | | BOSTON (Reuters) - Some of the biggest hedge funds that helped make Apple Inc a stock market darling lost faith and dumped their stakes in the fourth quarter, fueling the massive drop in the iPhone maker's share price. | | | | | | NEW YORK (Reuters) - Lehman Brothers Holdings Inc is seeking court permission to question the JPMorgan Chase & Co trader known as the "London Whale" in connection with its $8.6 billion lawsuit accusing the largest U.S. bank of driving it into bankruptcy. | | | | | (Reuters) - Here's a choice: take the typical hedge fund return and pay 2 percent annually and 20 percent of the spoils or use a derivative strategy so simple it doesn't even need an elevator pitch. | | | | | | | NEW YORK (Reuters) - The payroll tax cut quietly expired at the end of 2012, and for many American families who are struggling to keep pace in a tight economy, that has raised questions of what to do. | | | | | | | WASHINGTON (Reuters) - President Barack Obama said on Thursday that raising the minimum wage, as he has proposed, might trim corporate profits, but he added that U.S. firms were enjoying robust earnings and needed customers with money to spend. | | | | | | | (Reuters) - The final two defendants convicted for helping the former Texas billionaire financier Allen Stanford swindle investors were each sentenced on Thursday to 20 years in prison over their roles in his $7.2 billion Ponzi scheme. | | | | | | | NEW YORK (Reuters) - Outside investors in Steven A. Cohen's SAC Capital Advisors have until the end of the day to decide if they still love the embattled billionaire hedge fund manager. | | | | | | | NEW YORK (Reuters) - After a seven-month hiatus, Bank of America Merrill Lynch reinstated coverage of discount securities brokers, giving the equivalent of a buy, a sell and a hold on the three biggest publicly traded companies. | | | | (Reuters) - Blackstone Group, one of the world's most powerful hedge fund investors, is largely sticking with Steven A. Cohen's SAC Capital Advisors but has negotiated more favorable liquidity terms, spokesman Peter Rose said in a statement. | | | | | (Reuters) - JPMorgan Chase & Co's global head of equity proprietary trading has quit the investment bank to set up a hedge fund in Switzerland, the Financial Times reported on Thursday. | | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | » MORE NEWSLETTERS | |
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