Being Einhorned is a new term in financial circles. Very few hedge fund managers receive as much hype and attention as David Einhorn would get with just a simple interview.
Industry
Piraeus of Greece Hires Banks
Piraeus Bank, in order to meet obligations, has hired four banks to help in its share issues and woes.
BlackRock's Key Ingredients
BlackRock's success is attributable to its analysts and its attack in getting the shares for its shareholders.
Thoughts from Hiren Ved, CIO of Alchemy Capital Management
These are the thoughts of Hiren Ved of Alchemy Capital Management from an interview with Nikunj Dalmia.
According to Study, Assets of Global Pensions Reached an All-time High
Study from Towers Watson shows growth of global pensions. Studies showed that the pension fund assets in the world's largest markets increased by 8.
Latest News
GM's current share values surpass the pegged price for its IPO back in November 2010. In an announcement, Detroit car giant General Motors Co said that its current share values have surpassed their 2010 IPO prices.
ECB cuts interest rates to nearly zero to help bank liquidity amidst the current Eurozone recession.
SEC Commissioner Gallagher says one cannot outsource their fiduciary duties. According to a high ranking US securities regulator, lawmakers should review the role that advisory firms play during corporate regulations and determine if regulatory measures are necessary to allow them greater roles during the process.
S&P downgrades Berkshire Hathaway from AA plus to AA. Standard and Poor's, the renowned credit rating agency, has announced that it would be cutting Berkshire Hathaway's rating from 'AA plus' to 'AA'.
Erste Group Bank has confirmed the ability to pay off state bailout funds but did not provide a schedule for the same.
The Philippines' DOTC approves seven bidders for Metro Cebu airport project. The government of the Republic of the Philippines have released a list of approved and qualified builders for a US$430 million airport project.
NBGI Private Equity signs Tim Kelly as its second board member for its Senior Industry Advisory Board.
HgCapital pulls toymaker Schleich out of the market. HgCapital. the European equity group, has halted the sale of German toy company Schleich. Schleich manufactures miniature animal figures and popular blue toys called Smurf.
ADIA appoints John McCarthy to head its global division for infrastructure investments. One of the world's biggest sovereign wealth funds, the Abu Dhabi Investment Authority announced the appointment of John McCarthy as global division head of infrastructure.
