Alternative Investments

Retailer Kohl's said to have received takeover offer from consortium backed by activist hedge fund

Retailer Kohl’s said to have received takeover offer from consortium backed by activist hedge fund

A consortium backed by activist hedge fund Starboard Value LP has offered roughly $9 billion to buy department store Kohl’s Corp.  KSS, -2.60%, according to people familiar with the matter. A group led by Acacia Research Corp. ACTG, -0.69%, which Starboard controls, offered to buy the department-store chain for $64 a share in cash Friday, the people …

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The Federal Reserve needs to 'shock and awe' the market with one big rate hike 'to restore its credibility,' says hedge-fund star Bill Ackman

The Federal Reserve needs to ‘shock and awe’ the market with one big rate hike ‘to restore its credibility,’ says hedge-fund star Bill Ackman

Billionaire hedge-fund manager Bill Ackman said the Federal Reserve needs to deliver old-fashioned “shock and awe” to financial markets by delivering a much larger onetime increase to benchmark interest rates to combat inflation. “The @federalreserve could work to restore its credibility with an initial 50 bps surprise move to shock and awe the market, which …

The Federal Reserve needs to ‘shock and awe’ the market with one big rate hike ‘to restore its credibility,’ says hedge-fund star Bill Ackman Read More »

Will the crypto market always follow bitcoin's price lead? It may not in the future, this asset manager explains.

Will the crypto market always follow bitcoin’s price lead? It may not in the future, this asset manager explains.

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest and greatest in digital assets this week so far. Find me on Twitter at @FrancesYue_ to send feedback or tell us what you think we …

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'There's no way the stock market goes up this year, it probably goes down pretty aggressively,' says hedge-fund honcho Kyle Bass

‘There’s no way the stock market goes up this year, it probably goes down pretty aggressively,’ says hedge-fund honcho Kyle Bass

Don’t expect stock-market gains in 2022 if the Federal Reserve sticks to its guns on rate hikes and tightening overall financial conditions, says Kyle Bass, founder and chief investment officer of Hayman Capital Management. “With interest rates concurrently with quantitative tightening, there’s no way the stock market goes up this year, it probably goes down …

‘There’s no way the stock market goes up this year, it probably goes down pretty aggressively,’ says hedge-fund honcho Kyle Bass Read More »

California turns a blind eye to nursing home abuses

California turns a blind eye to nursing home abuses

Yet more damning evidence has just emerged of the dangers, neglect and abuse facing our most vulnerable citizens in nursing homes across the country. A judge in California has just slammed the state government for a “consistent,” “endemic” and “statewide” failure to investigate complaints and accusations against homes—failures, he added, that means nursing home residents across …

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Telecom Italia surges on deal news, as European stocks inch up after weekend of protests over COVID restrictions

Telecom Italia surges on deal news, as European stocks inch up after weekend of protests over COVID restrictions

European stocks traded modestly higher on Monday, after a weekend of protests that turned violent at times over increasing COVID-19 restrictions across the continent. The telecom sector was in the lead, driven by Telecom Italia after a buyout offer from KKR & Co. The Stoxx Europe 600 index XX:SXXP rose 0.2% to 487.28, following a …

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This holiday travel season will be a challenge — here's how travelers can prepare themselves

This holiday travel season will be a challenge — here’s how travelers can prepare themselves

Planning a trip to visit family for the holidays this year? You won’t be alone — and that makes the potential for widespread flight delays and cancellations all the more likely. With nearly 200 million Americans vaccinated against the virus that causes COVID-19 and the delta variant receding, many more people are feeling comfortable taking …

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Barry Diller’s IAC may purchase magazine publisher Meredith

Barry Diller’s IAC may purchase magazine publisher Meredith

IAC/InterActiveCorp. is in advanced talks to acquire magazine publisher Meredith Corp., owner of brands including People and Better Homes & Gardens, according to people familiar with the situation. The deal, which is expected to be valued at more than $2.5 billion, would vastly expand IAC’s collection of online publications, which include Brides, Serious Eats and Investopedia, the …

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Opinion: Why alternative investments belong in 401(k) plans

Opinion: Why alternative investments belong in 401(k) plans

Most people are not investment experts, so they need help managing their retirement savings. Retirement plan fiduciaries recognize this, and it is one of the reasons why target date funds (TDFs) have become the most popular investment offered by plan sponsors. Experienced professionals use their expertise and knowledge to arrange a mix of assets in …

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