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A Danish court sentences British hedge fund trader Sanjay Shah to 12 years in prison for tax fraud.
2024-12-12

Elliott Management, a prominent hedge fund, has sold all its shares in the Hyundai Motor Group of South Korea. It had long quarreled with Hyundai's management, demanding more generous dividend pay-outs. Their departure from the shareholder ranks is likely welcomed by Hyundai executives.
2020-01-22

A Brooklyn federal court sentences Martin Shkreli to seven years in prison for securities fraud in his hedge fund and pharmaceutical companies.
2018-03-9

The board of TransAsia Airways decides to dissolve the company after halting flights on Tuesday.
2016-11-22

Hedge fund impresario Bill Ackman faces skeptical questioning from investors after his Pershing Square fund loses big on both Herbalife and Valeant Pharmaceuticals.
2016-04-6

Reuters reports, based on an unnamed "person familiar with the situation," that Microsoft executives are lining up financing for a possible acquisition of troubled dotcom pioneer Yahoo.
2016-03-26

The U.S. Supreme Court finds against the Republic of Argentina on a discovery issue in its litigation against hedge fund NML Capital, and refuses to hear appeals on the substantive issues in the same litigation: a victory for hold-out bond-holders against a defaulting sovereign.
2014-06-16

A prominent currency trading platform launched by and for banks, ParFX, opens its doors to hedge fund participation.
2014-01-23

The board of directors of NYSE Euronext meets to discuss a proposed merger with Deutsche Börse, while New York's U.S. Senator, Chuck Schumer tells reporters that he is confident the NYSE would run the merged entity.
2011-02-13

Foreign journalists based in China and Taiwan say their Yahoo email accounts have been hacked.
2010-03-31