Hedge fund billionaire Tepper approved unanimously as Panthers owner
Tepper, 60, is the founder of hedge fund Appaloosa Management L.P. and has a net worth is estimated by Forbes to be $11 billion. He is buying the Panthers from founder Jerry Richardson for $2.275 million, the largest sum ever paid for an NFL franchise, ...
NFL unanimously approves Tepper's $2.2b purchase of Panthers
The U.S. dollar remained under modest pressure as the Tuesday session went on, even as its major rivals, the euro and the British pound also retreated.
Though the major U.S. benchmarks have flatlined of late, boring remains bullish, and notable resistance is currently under siege, writes Michael Ashbaugh.
At first glance, observers might think that the most highly paid corporate executives earn their money through the kind of leadership that leads to strong performance and gains in the company’s stock. That may not be the case.
ThyssenKrupp shares jump on report of Elliott stake
ThyssenKrupp shares jumped 8 per cent on Tuesday after a report that activist fund Elliott Management had purchased a stake in the company with a view to replacing the chief executive. Elliott, the US hedge fund managed by Paul Singer, plans to ...