For the moment, however, Cohen is preparing for an end-of-year boat trip, said someone familiar with the matter, and is ending 2013 with an impressive market performance of more than 16 percent returns, according to someone familiar with the figures ... FULL ARTICLE AT Dealbreaker
Prosecutors' strategy of meticulously documenting the insider-trading "pipeline" leading to Michael Steinberg paid off when a federal jury convicted the SAC Capital Advisors trader of securities fraud and conspiracy charges yesterday.
The tips "trailed right back up to Mr. Steinberg ... FULL ARTICLE AT FINalternatives
The conviction of a former SAC Capital trader will likely mean more scrutiny of SAC's founder, Steven A. Cohen. | Drug companies announced more than $6 billion worth of transactions on Thursday. | Darden Restaurants plans to spin out its Red ... FULL ARTICLE AT DealBook
NEW YORK (TheStreet) -- In case you are keeping score at home, the government is now 77-0 in prosecuting a multi-year insider trading probe, after former SAC Capital Advisors portfolio manager Michael S. Steinberg was convicted by a New York jury ... FULL ARTICLE AT The Street
Filed under: Investing Rebranding of a business today transcends industry, company size, and history. Costs associated with relaunching a logo or overhauling an image alone run into the millions and when there's controversy involved, the collateral damage can be ... FULL ARTICLE AT Daily Finance
SAC Capital Advisors (SAC Capital Partners, SAC Capital Management) is a $16 billion dollar group of hedge funds founded by Steven A. Cohen in 1992. The company is incorporated offshore in Anguilla, British West Indies, and its trading offices are located in Stamford, Connecticut and New York City. SAC also maintains satellite offices in San Francisco, Hong Kong, Boston, and London.
The firm... Full Article At Wikipedia.org