 | | | | Billionaire investor David Einhorn, whose Greenlight Capital is posting some of the hedge fund industry's worst returns, cut back several long-term holdings including Apple Inc, Voya Financial Inc and Consol Energy Inc, a filing made on Tuesday shows. | | | | | | Elon Musk wants to take Tesla Inc private, but some of his big investors may not be able to follow. | | | | | | Major Tesla Inc shareholder, Fidelity Investments, cut its stake in the electric automaker by 21 percent during the second quarter, before Chief Executive Elon Musk announced his plan to take the company private earlier this month. | | | | | | Citigroup Inc restructured its consumer bank on Monday, elevating one executive and triggering the departure of another, as the third-biggest U.S. bank moved to improve results. | | | | | | (This version of the August 9 story corrects name in paragraph 19 to Jamie Hopkins from Jeremy Hopkins) | | | | | | A labor union representing American teachers on Friday urged pension funds to cut their exposure to investment firms that have funneled millions of dollars into private prisons, saying the companies are getting rich on the U.S. government's practice of separating migrant families. | | | | | | Billionaire investor Daniel Loeb's hedge fund made a string of new investments in the information technology sector, including buying 10.7 million shares of NXP Semiconductors NV, during the second quarter, according to a regulatory filing on Friday. | | | | | | William Ackman's publicly traded hedge fund is outperforming the broader stock market this year, fueled by rising prices at Chipotle Mexican Grill and Automatic Data Processing Inc, the billionaire investor said on Thursday. | | | | | | Working longer can boost the odds of a secure retirement - that is an article of faith in retirement planning circles these days. | | | | | | Divorce crushed Dennis Nolte's retirement plans not once but twice. | | | | | |
