Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience. May 27, 2020

Bill Ackman Says Hedge Fund Up 27% Year To Date, Dumped Berkshire

Bill Ackman’s hedge fund is boasting double-digit gains after the billionaire investor plowed cash into a number of companies he already owned and dumped Warren Buffett’s Berkshire Hathaway among other stocks.
Read by 74% of LPs 12 minutes ago

Trump Terminates U.s. Relationship With Who, Claiming It Misled World About Pandemic - The Washington Post

Slowing rates of infection in some of the hardest-hits part of the United States have offered a glimmer of hope, as New York City announced plans to ease restrictions after 10 weeks under lockdown.
Read by 38% of LPs 12 minutes ago

I Started Investing With A Little Money At A Time And I'm Glad I Did

Once I learned how to invest with a small amount of money, I became convinced that it's the best method.
Read by 65% of LPs 2 hours, 12 minutes ago

An Ecm Resurgence: Why Companies Sold Record Levels Of Stock In May

Corporate America sold record-shattering amounts of stock in May. IPOs and other equity issuances were overshadowed this spring as stock markets tanked and corporates rushed to raised debt instead. But volatility has faded and markets have rebounded, thanks in part to stimulus from the Federal Reserve. Stock issuance is surging again, producing more than $70 billion in deals in May. Companies are stockpiling cash in case of another downturn -- some to protect themselves in case revenues disappear, and others so they can pounce on M&A deals that may arise.
Read by 61% of LPs 2 hours, 12 minutes ago

Vcs At Alphabet's Gv Reveal 3 Healthcare Companies They Admire

With the coronavirus upending the healthcare industry, venture capital firms are finding that certain companies are taking off faster than expected. Business Insider asked top VCs to name companies outside of their portfolio that are poised to do well under the new circumstances. At Alphabet's venture arm GV, two investors we spoke with named companies in mental health, biotech, and telemedicine. Visit Business Insider's homepage for more stories. As the coronavirus pandemic has upended the way we get healthcare, venture capital firms are finding that certain companies are taking off faster than expected.
Read by 55% of LPs 2 hours, 52 minutes ago

Emerging Market Hedge Funds "position For Recovery" As Invested Capital Shrinks

Emerging market hedge funds "position for recovery" as invested capital shrinks Submitted By Hugh Leask | 30/05/2020 - 10:21am Hedge funds that trade emerging markets mounted a partial comeback last month following bruising double-digit losses earlier - but total invested capital in EM funds tumbled as the coronavirus crisis took its toll. Emerging market hedge fund strategies added 5.4 per cent in April, according to new data from Hedge Fund Research.
Read by 33% of LPs 3 hours, 42 minutes ago

Explainer: What Wave Of Bankruptcies In Us Shale Industry Means For Nigeria, Opec - Businessday Ng

There is light at the end of the tunnel for Nigeria and OPEC+ countries as the biggest independent shale oil groups in the United States (US) are bracing for a wave of bankruptcies. The Financial Times of London reports that these firms reported a record combined loss of $26 billion in the first quarter as [...]
Read by 52% of LPs 3 hours, 42 minutes ago

India's Forex Reserves Jumps By Us$ 3.01 Billion In The Week Ended 22 May | Business Standard News

Foreign exchange reserves rises by US$ 12.24 billion over March 2020.: Within the foreign exchange reserves, the foreign currency assets moved up to US$ 451.71 billion in the week ended 22 May 2020 from US$ 448.67 billion a week ago. India's foreign exchange reserves moved up by US$ 12.24 billion over March 2020, while jumped US$ 70.05 billion over a year ago level. (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
Read by 70% of LPs 3 hours, 42 minutes ago

Arterys Raises $28M To Accelerate The Delivery Of Medical Ai To Practices Around The World

SAN FRANCISCO, May 29, 2020-- Arterys, a leading global medical imaging platform to deliver clinical AI products over the internet, just received its seventh USA FDA clearance and announced its latest round of funding -- a $28 million Series C investment from a syndicate led by Benslie Investment Group and Temasek Holdings, with participation by Fosun, Revelation Partners, Emergent Medical Partners, and Varian Medical Systems.
Read by 41% of LPs 3 hours, 42 minutes ago

Shale Markets, Llc / Wintershall Dea: Hydrogen From Natural Gas Instrumental In Decarbonisation Of Energy

By Nermina Kulovic German oil and gas company Wintershall Dea believes that hydrogen from natural gas will be instrumental in the decarbonisation of energy system and that the much-needed hydrogen market will not succeed without natural gas. As reported by DNV GL, carbon-free hydrogen production, transmission, and distribution are now widely recognized as central components...
Read by 80% of LPs 3 hours, 42 minutes ago

U.s. Pipeline Operator Energy Transfer Warns Of Coming Job Cuts

U.S. pipeline operator Energy Transfer LP will begin cutting about 6% of its workforce next week, underscoring the spreading impact of weak oil and gas prices on the energy business.
Read by 54% of LPs