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Shares of Kraft Heinz Co (NASDAQ: KHC) slid on mixed Q4 2016 results and press reports, stating 3G Capital would not use its new fund to support M&A at Kraft Heinz. Latest Ratings for KHC DateFirmActionFromTo Feb...
Authored by Johnny Hopkins via The Aquirer's Multiple blog, One of our favorite investors at The Acquirer’s Multiple – Stock Screener is Howard Marks. Howard Marks is Chairman and Co-Founder of Oaktree Capital Management, the...
Reports of fresh capital raising sit uneasily with large pay rises
Hedge funds with names that exhibit "gravitas" attract more capital, according to science.
* Decision to eliminate about 200 salaried positions across few additional functions in U.S. and Canada out of 41,000 global employees
PITTSBURGH (AP) - Kraft Heinz Co. has laid off 200 white-collar workers in Canada and the United States. Michael Mullen, the company's senior vice president of corporate and government affairs,, says the company is realigning its administrative...
The US dollar is expected to keep the yuan under pressure. Investors can probably expect a massive outflow of capital from China in 2017.
Seattle-based Socedo, which helps B2B marketers improve their audience engagement, has raised $1 million in funding. The investors included TechStars Ventures, Vulcan Capital and Divergent Ventures.
With U.S. stocks trading in overvalued territory, investors are likely to reap better returns in places like emerging markets, USA Today reports.
*Euro govt bond yields rise 1-4 bps across the board. LONDON, March 24- Investors sold euro zone government bonds on Friday as reports on private-sector activity in the bloc provided further signals of economic growth, strengthening the case for a...
KALISPELL, Mont. (AP) - A Montana woman has been sentenced to 10 years in prison for defrauding 16 investors out of nearly $700,000 and embezzling almost $141,000 from the trust account of a mentally disabled man. The Flathead Beacon reports...
Global investors will make $1.7 trillion in dry capital available for deployment in 2017.
Mindich, a former Goldman Sachs executive, said in a letter that he would return capital after deciding to close operations, The New York Times reports.
Eton Park Capital Management is shutting down.In a letter sent to investors on Thursday, founder Eric Mindich wrote:"A combination of industry headwinds, a difficult market environment and, importantly, our own disappointing 2016 results have...
Once upon a time Eric Mindich was best known for being the Goldman "wunderkind" - the youngest-ever Goldman partner, who parlayed his reputation into the 2004 launch of his hedge fund Eton Park. Unfortunately for Mindich, after over a decade of...
Shares of Credit Suisse Group AG fell 2% in Zurich on Thursday after media reports the Swiss banking giant is considering a share sale to boost its capital buffers. Bloomberg said the company may issues shares representing 10% of its outstanding...
* Fiera Capital reports strong fiscal 2016 results and increases quarterly dividend
Silicon Valley-based Drivemode, a mobile-based automotive tech company, has raised $6.5 million in Series A funding. Panasonic Corporation led the round with participation from other other investors that included Miyako Capital, Mitsui Sumitomo...
MPOWER Financing, a student loans provider, has secured an undisclosed amount of funding. The investors were VARIV Capital and Chilango Ventures.
Pear Deck, a provider of real-time classroom engagement solutions, has secured $4 million in funding. The investors included Growth Street Partners, Village Capital, Hyde Park Venture Partners and Steve Case.
San Ramon, California-based drug developer BioClin Therapeutics Inc has secured $30 million in Series B financing. Sofinnova Ventures and Ysios Capital led the round with participation from other investors that included HealthCap, Life Sciences...