Sources disclosed to Reuters that billionaire hedge-fund manager John Paulson's strategies adopted this year for Paulson & Co saw gains in his credit, merger and Recovery funds.
Paulson & Co
Breaking News
As preparations regarding a potential merger between Vodafone Group Plc and AT&T Inc was happening, Paulson & Co said in its regulatory filing that it had increased its ownership stake in the phone company.
Cisco is expected to report higher quarterly profit for its fiscal first quarter of 2014. The report may uncover any evidence of sales pressure from the U.S. federal government shutdown and weakness in China.
The Financial Times reported that US hedge funds had been aggressively investing in the struggling banking sector of Greece.
Paulson & Co agreed to acquire Steinway Musical Instruments for USD 512 million.
Sources stated that Extended Stay Hotels is preparing for an IPO later this year.
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