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22.01.2018

More than 10 percent of $3.7 billion raised in ICOs has been stolen: Ernst & Young

NEW YORK (Reuters) - More than 10 percent of funds raised through "initial coin offerings" are lost or stolen in hacker attacks, according to new research by Ernst & Young that delves into the risks...
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22.01.2018

Exclusive: Ackman cuts staff, shuns limelight as he seeks to turn around fund

BOSTON (Reuters) - William Ackman is cutting almost a fifth of staff and looking to lower his public profile as he seeks to turn around Pershing Square Capital Management after three straight years...
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22.01.2018

New Ocado ecommerce deal turns screw on bearish hedge funds

LONDON (Reuters) - Hedge funds which have bet on a fall in the share price of Ocado will have taken a hit after the online retailer unveiled a new international technology deal which sent its stock...
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22.01.2018

Hedge fund Third Point pushes Nestle to do more faster: letter

BOSTON (Reuters) - Billionaire investor Daniel Loeb praised food group Nestle's chief, but is keeping up the pressure with demands that the company move faster to overhaul its strategy.
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21.01.2018

Stock-focused hedge funds post biggest gains among top performers

BOSTON (Reuters) - Hedge funds managers who bet on stocks scored some of the industry's biggest gains in 2017, when equity markets galloped past a series of critical milestones, according to a new...
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21.01.2018

U.S. hedge fund Tiger Global has invested more than $1 billion in Barclays: FT

(Reuters) - U.S. hedge fund Tiger Global Management has invested more than $1 billion in Britain's Barclays Plc, the Financial Times reported on Sunday.
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19.01.2018

Morgan Stanley raises targets, but Wall Street wants more

(Reuters) - Morgan Stanley raised key profitability and efficiency targets on Thursday, but those loftier goals failed to impress Wall Street analysts, who repeatedly asked Chief Executive Officer...
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19.01.2018

Exclusive: Blackstone's Hill hands hedge fund reins to McCormick

BOSTON (Reuters) - After nearly two decades of growing Blackstone Group into the world's biggest hedge fund investor with some $74 billion in assets, J. Tomilson Hill is passing the baton.
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18.01.2018

Thadaney to leave Toronto Stock Exchange owner TMX Group

(Reuters) - TMX Group's head of equity capital markets, Nicholas Thadaney, is leaving Canada's biggest stock exchange operator after a reorganization of the company, Chief Executive Officer Lou...
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18.01.2018

Families can pool resources for disabled in ABLE accounts

CHICAGO (Reuters) - TJ Rodriguez is 36 and cannot walk without a walker, but horse riding helps him build his strength.
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