Hints and tips:
...However, the conditional approval will help hedge funds including Pentwater, Millennium and DE Shaw, which each hold stakes worth more than $350mn in VMware, according to recent disclosures made for holdings...
...Activist hedge fund DE Shaw last year urged FIS to review the structure of its business and was given a seat on the company’s board of directors in December....
...However, FIS struggled to combine the two businesses and last year came under pressure from activist investors such as DE Shaw to review its strategy....
...Sainsbury’s sold its Shaw’s Supermarkets chain to Albertson’s in 2004 in the face of rising competition. Neither has rival German discounter Lidl found the market easy....
...FIS’s decision to break up comes after activist shareholders DE Shaw and Jana Partners called on the company to review its business strategy, including considering undoing the 2019 deal....
...DE Shaw, for example, last year jacked up the performance fees on its three main funds by 5 percentage points....
...Hedge funds snapped up Berkshire Hathaway stock in the second quarter, with DE Shaw, Renaissance Technologies and Bridgewater Associates buying millions of shares in Warren Buffett’s conglomerate....
...Presumably this is why the activist investors DE Shaw and Jana Partners got involved in FIS. But that implies that the original deal was an epic mistake. Industries change....
...Activist investors including DE Shaw and Jana Partners had been pressuring FIS to review its business strategy, including considering undoing the 2019 deal, since last year....
...For example: if Generic Greek God Capital is buying Widgetmaker Inc, 70 per cent of the equity it ponies up might come from one of its LBO funds....
...David Shaw’s DE Shaw, which manages about $27bn, gained 0.9 per cent in its main Composite fund but lost 2.3 per cent in its global macro Oculus fund, according to people familiar with its performance....
...“I have conducted more than 25 MND clinical trials and the tofersen trial is the first in which patients have reported an improvement in their motor function,” said Pamela Shaw, professor of neurology at...
...During the quarter, however, those businesses — including the brick maker Acme and flooring group Shaw — were able to raise prices and registered strong demand....
...His grandfather, Sir Robert Ho Tung — famed as the richest man in Hong Kong — is represented in photographs with George Bernard Shaw, both in Chinese dress....
...Perhaps “something akin to grade inflation” could be afoot, DE Shaw said. Companies are getting smarter about their ESG disclosures, and their scores are improving, DE Shaw added....
...Here is the company statement that went out on Friday: NEW YORK, November 18, 2022 — Sculptor Capital Management, Inc....
...Mattia Binotto, team principal of Scuderia Ferrari, which has a firm grip on third place in the constructor’s championship, credits Netflix with attracting new fans....
...In 1988 he bankrolled a precocious computer scientist called David Shaw, whose eponymous hedge fund DE Shaw today manages more than $60bn and helped usher in the quant revolution that has rewired the investment...
...“George Bernard Shaw says every profession is a conspiracy against the laity. And it seemed like freight forwarding was just the poster child for this....
...“The way these companies have restricted manufacturing because of their paranoia has actually seen vaccine shortages,” said Kiran Mazumdar-Shaw, head of India’s Biocon....
...The Centerbridge team had secured the support of virtually all Hertz junior bondholders, which included the likes of Fidelity, JPMorgan and DE Shaw....
...Meanwhile, hedge funds Two Sigma Investments and DE Shaw are nursing significant losses after an army of retail investors on Reddit upended the markets buying stocks such as GameStop....
...Letter in response to this article: When chatroom gossip is market manipulation / From Doug Shaw, London W14, UK...
...Mr Koffey, who previously worked at the hedge funds Elliott Management and DE Shaw, is a well-known activist investor, who has led campaigns against the boards of the US automation and building equipment...
...But at 30 he left a “steady job on Wall Street” — at hedge fund DE Shaw — to move cross country to Seattle in order to found an online bookstore, “fully understanding that it might not work”....
International Edition