Cablevision closes offering of $900 million of senior notesSeptember 23rd, 2009 Cablevision closes note offeringBETHPAGE, N.Y. — Cablevision Systems Corp.
Vanguard raises its full-year profit outlook to include impact of new oil and gas propertiesSeptember 10th, 2009 Vanguard boosts '09 outlook to include acquisitionHOUSTON — Oil and natural gas company Vanguard Natural Resources LLC on Thursday raised its full-year profit outlook to reflect the impact of newly acquired natural gas and oil properties. In August the company purchased the properties from an affiliate of Lewis Energy Group for about $52.25 million in cash.
Report: Most Cerberus investors choose to leave company's primary hedge fundsAugust 29th, 2009 Report: Cerberus investors choose to leave fundsNEW YORK — The Wall Street Journal reports that investors in the main hedge funds of New York-based private equity firm Cerberus Capital Management LP want out and are asking for the return of more than $5.5 billion, or about 71 percent of fund assets. The Journal cited people familiar with the matter.
Vanguard gets $5.9 million in proceeds from recent public offeringAugust 26th, 2009 Vanguard gets $5.9M in proceeds from offeringHOUSTON — Oil and natural gas company Vanguard Natural Resources LLC said Wednesday it received $5.9 million in proceeds from a recent public offering. Underwriters bought an additional 432,800 common units in a public offering.
Titan closes on purchase of assets of Lickness Bros.August 17th, 2009 Titan closes asset purchase of Lickness Bros.FARGO, N.D. — Titan Machinery Inc., which runs construction and agriculture equipment stores, said Monday it closed on its purchase of assets of Lickness Bros.
Paulson & Co. scoops up Bank of America shares worth about $2.67 billion, 4th-largest stakeAugust 13th, 2009 Paulson fund buys 168M shares of Bank of AmericaNEW YORK — The hedge fund run by John Paulson, who foresaw the distress in subprime mortgages and reaped billions by betting against the related securities, has bought about 168 million shares of Bank of America Corp., according to a regulatory filing Wednesday. That makes Paulson & Co.
Las Vegas Sands to post second-quarter earnings after market closes ThursdayJuly 28th, 2009 Earnings Preview: Las Vegas Sands Corp.LAS VEGAS — Las Vegas Sands Corp. is to report its second-quarter financial results after the market closes Thursday.
Fidelity fund shareholders reject 'genocide-free' investment-screening proposalJuly 15th, 2009 Fidelity holders reject 'genocide-free' proposalBOSTON — Shareholders at four Fidelity Investments mutual funds have rejected a measure that seeks to screen out investments possibly linked to genocide in international hot spots like Sudan's Darfur region. The proposal needed a majority to pass.
Investors return to mutual funds in second quarter as market rise whets appetite for riskJuly 14th, 2009 Investors return to mutual funds in 2nd quarterBOSTON — Investors shook off some of their caution in this year's second quarter amid a rising market, shifting the largest amount into stock and bond mutual funds in more than two years, a fund industry consultant reported Tuesday. A total $136 billion flowed into stock and bond funds during the April-through-June period, according to New York-based Strategic Insight.
Vanguard shareholders reject activists' 'genocide-free' investment-screening proposalJuly 2nd, 2009 'Genocide-free' proposal rejected at VanguardBOSTON — Shareholders of Vanguard Group have rejected an activist proposal that would have required stronger screening of investments that may be linked to genocide. A proposal backed by the group Investors Against Genocide fell far short of majority support at a shareholders meeting the mutual fund company held Thursday in Scottsdale, Ariz.
British hedge fund manager, chief investment officer settle US market-timing caseJune 29th, 2009 UK fund manager settles US market-timing caseWASHINGTON — A London-based hedge fund manager and its chief investment officer have agreed to a nearly $18 million settlement resolving U.S. regulators' allegations that one of its funds defrauded U.S.
Temporary closure of Harry Truman home beginning in AugustJune 15th, 2009 Harry Truman home to close for renovations in Aug.INDEPENDENCE, Mo. — If you're a Harry Truman fan, you have until Aug.
AP source: Vanguard of Obama's 21,000 Afghan surge have arrived in AfghanistanMay 8th, 2009 AP source: First Obama Afghan surge troops arriveWASHINGTON — Pentagon officials say the vanguard of President Barack Obama's troop surge in Afghanistan arrived this week. Dozens of Marines who arrived in Kandahar as advance units represent the first group of soldiers deployed as a direct result of Obama's decision to expand U.S.
Beverly Hills investment manager has assets frozen in hedge fund fraud caseApril 30th, 2009 Calif. fund manager's assets frozen in fraud caseLOS ANGELES — A federal judge has frozen the assets of a Beverly Hills hedge fund manager accused by the Securities Exchange Commission of duping investors out of $38 million. The injunction issued by U.S.
Indian equity fund to raise $800 mn by MarchFebruary 8th, 2009 KOLKATA - Private equity (PE) firm India Value Fund Advisors will complete raising around $800 million (about Rs.40 billion/Rs.4,000 crore) for the fourth series of its India Value Fund by next month, a partner of the company said here Monday. 'The fund is being raised mostly from overseas investors comprising fund-of-funds backed by financial institutions, endowment funds backed by educational institutions, pension funds, sovereign funds and also HNIs (high net worth individuals) across Asia, the US and Europe,' George Thomas, partner at the PE fund, told reporters on the sidelines of a seminar on funding strategies.