The U.S. District Court for Puerto Rico ended a Puerto Rico Electric Power Authority bondholder discrimination adversary proceeding, asking parties to raise the issues they have during the plan of adjustment confirmation hearing planned to in early March. District Court Judge Laura Taylor Swain stayed the proceeding while saying plaintiffs GoldenTree and Syncora Guarantee should
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Ken Griffin, Citadel at CNBC’s Delivering Alpha, Sept. 28, 2022. Scott Mlyn | CNBC Billionaire investor Ken Griffin’s various hedge fund strategies all posted double-digit returns for 2023, but they failed to beat the broader market. Citadel’s multistrategy Wellington fund gained 15.3% last year, according to a person familiar with the returns. The flagship fund had
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US Supreme Court has agreed to consider whether Colorado can ban Donald Trump from the presidential ballot, setting the stage for a potentially landmark legal decision and political firestorm that will have major implications
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Continued financial pressure will impact the nonprofit healthcare system in 2024, Fitch Ratings and S&P Global Ratings analysts said Thursday. “We think we have another tough year ahead of us,” Fitch Senior Director Kevin Holloran said during a webinar. Despite some positives, such as an increase in demand, labor costs remain a major problem for
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Cliff Asness. Chris Goodney | Bloomberg | Getty Images Cliff Asness’ longest running multistrategy fund at AQR Capital Management returned 18.5% last year, net of fees, according to a person familiar with the performance. The AQR Absolute Return strategy, which was created in 1998, benefited the most from profitable picks among value stocks in 2023, according
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North Las Vegas, Nevada, this week had its long-term issuer default rating upgraded to A-minus from BBB-plus by Fitch Ratings as the city’s ratings continue an upward climb after falling to junk a decade ago. The city of 280,543 had been on the fiscal comeback trail since it fought off insolvency in 2014, even seeing
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak has signalled that Britain’s general election will take place in the autumn, saying his “working assumption” was that the UK would go to the polls in the “second half of this year”. Labour
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You’ll see how you can get double dividends using the power of options. We’re going to talk about dividends and some real-life examples that will open your eyes when it comes to the power of options and covered writes. #doubledividend #powerofoptions #coveredwrite #multipledividends #coveredcall Posted at: https://tradersfly.com/blog/double-dividends-with-the-power-of-options-covered-writes 💌 Newsletter & Announcements : https://tradersfly.com/go/tube/ 🎁 Discord
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The Federal Reserve‘s effort to bring down inflation has so far been successful, a rare feat in economic history. The central bank signaled in its latest economic projections that it will cut interest rates in 2024 even with the economy still growing, which would be the sought-after path to a “soft landing,” where inflation returns to the Fed’s
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In this article Follow your favorite stocksCREATE FREE ACCOUNT Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with the market’s tepid start to the year. From enthusiasm surrounding the “Magnificent Seven” technology stocks to expectations for multiple interest rate cuts this year, Eisman believes
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