By Sima Ella On Thursday, February 16th, 2017

Billionaires George Soros, John Paulson Exit Gold

  Billionaire investor and philanthropist George Soros got out of gold in the fourth quarter of 2016, when he eliminated his shares in Barrick Gold, after dissolving its shares in the world’s biggest More...

By News Brief On Wednesday, July 13th, 2016

Investor Soros Bets Against US Economy With Gold

  Investor George Soros has moved to protect his investments against what he believes will be a deterioration in the US economy, and his gamble seems to have paid off so far. The 85-year-old billionaire More...

By News Brief On Monday, May 30th, 2016

8 Top Stocks Billionaires Love

  Investing legends David Einhorn, John Paulson, and Bill Ackman aren’t always right, but they often are. Over the years, they’ve consistently picked stocks that have allowed their hedge More...

By News Brief On Tuesday, May 17th, 2016

Billionaire Soros Cuts U.S. Stocks by 37%, Buys Gold Producer

  Billionaire George Soros cut his firms investments in U.S. stocks by more than a third in the first quarter and bought a $264 million stake in the worlds biggest bullion producer Barrick Gold Corp. Latest More...

By News Brief On Wednesday, May 11th, 2016

Ron Baron Sells Nearly 1.3 Million Shares of Steakhouse Chain

Ron Baron of Baron Funds trimmed his stake in Del Frisco’s Restaurant Group Inc.  a Southlake, Texas-based steakhouse restaurant chain, by more than 73% on April 30. Baron sold 1, 282, 910 shares More...

By News Brief On Monday, February 22nd, 2016

Fidelity’s $55-Billion Money Manager Says Worst Over for Loonie

After avoiding Canada during its currency’s historic three-year collapse, Fidelity Investments is sensing the rout is nearing an end. David Wolf, who manages $55-billion ($40-billion U.S.) for the world’s More...

By News Brief On Wednesday, February 17th, 2016

Carl Icahn and David Einhorn Have Dumped a Ton of Apple Stock

  Several big hedge fund backers of Apple Inc, including billionaire activist investor Carl Icahn and David Einhorn’s Greenlight Capital, trimmed their stakes in the fourth quarter amid a decline in More...

By News Brief On Monday, February 8th, 2016

A Dying Breed: Currency Traders Are Left Out of New Wall Street

  Charlie Stenger, a currency-broker-turned-recruiter, has seen it all. One fired trader wept in his office. Another admitted he hadnt told his wife he was unemployed, and left the house every day in More...

By News Brief On Tuesday, January 26th, 2016

China’s State Media Warns Soros on Betting Against Yuan, HK Dollar

  China’s state media has warned billionaire investor George Soros against betting on falls in the value of the Chinese yuan  and Hong Kong dollar, amid widespread worries over the health of world’s More...

By News Brief On Friday, January 8th, 2016

Noble Group Bonds at 53 Cents Push Debt From Junk to Distressed

Bond investors are indicating they expect Noble Group Ltd.’s troubles to get worse as a selloff in its notes sent them into distressed territory. The commodity trader’s dollar bonds due in 2020, More...


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