Monday 16 April 2018

Carl Icahn sells Tropicana casinos in $1.85 billion deal

Carl Icahn sells Tropicana casinos in $1.85 billion deal

(Reuters) - Hedge fund manager Carl Icahn is cashing out of casino business Tropicana Entertainment Inc in a deal selling most of its properties and operations for $1.85 billion, Icahn Enterprises and the companies involved said in statements on Monday.

Exclusive: Investor Gatemore pushes for break-up of logistics firm Wincanton

LONDON (Reuters) - Gatemore Capital Management has built a stake in Wincanton and called on the British logistics company to break itself up by selling one of its two divisions, according to a letter sent by Gatemore to its own investors.

Goldman Sachs buys personal finance start-up Clarity Money

NEW YORK (Reuters) - Goldman Sachs Group Inc bought Clarity Money, a personal finance startup, to bolster its Marcus online lending business, it said Sunday.

Guggenheim says it is cooperating with SEC investigation

NEW YORK (Reuters) - Guggenheim Partners on Sunday said it was "cooperating fully" with an investigation of its asset management subsidiary that is being conducted by the U.S. Securities and Exchange Commission.

Icahn says to nominate five members to SandRidge board

(Reuters) - Activist investor Carl Icahn, who is seeking to push SandRidge Energy to sell itself, said on Monday that he plans to nominate five members to U.S. shale oil producer's board.

U.S. states eye protections for investors if federal regulation falters

The question could become important if the financial services industry wins its high-stakes legal and political battles to dismantle the federal fiduciary rule governing advice to retirement investors.

Michael Imperioli learns from life after 'The Sopranos'

NEW YORK (Reuters) - Every actor dreams of extreme success, but there is also a downside: That you will forever be known as the character you played.

Micro Focus shares jump on report Elliott takes stake

LONDON (Reuters) - Micro Focus shares surged on Thursday, with traders citing a Bloomberg report that hedge fund Elliott Management has taken a stake in the UK software firm.

Hedge fund Paulson & Co takes stake in Viacom

(Reuters) - Paulson & Co, the hedge fund firm led by billionaire investor John Paulson, has taken a stake in Viacom Inc as the U.S. media company has started to turn around its business, Paulson told Reuters in an interview.

Your Money: Get insurance for your dog's bite, as well as its bark

NEW YORK (Reuters) - A cute Maltipoo puppy could never harm anyone, right?

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