(WASHINGTON)A trade group representing hedge funds spent $600,000 in the second quarter to lobby on proposals to raise taxes on the industry and regulate it more closely, according to a recent...READ MORE
Among the earnings stories for Thursday, Aug. 7, from AP Financial News: NEW YORK (AP)--Asset manager Fortress Investment Group LLC said Thursday its second-quarter loss increased ...READ MORE
(NEW YORK)Asset manager Fortress Investment Group LLC said Thursday its second-quarter loss increased less than 1 percent as both revenue and expenses decline. Fortress Investment Group lost...READ MORE
Among the premarket stories for Tuesday, Aug. 5, from AP Financial News: NEW YORK (AP)--A Citi Investment Research analyst downgraded Fortress Investment Group LLC to "Sell" rating...READ MORE
(NEW YORK)A Citi Investment Research analyst downgraded Fortress Investment Group LLC to "Sell" rating from "Hold," pointing to poor efficiency rates in some of the asset manager's funds.READ MORE
(NEW YORK)Shares of Penn National Gaming Inc. rose Monday, following last week's news that two investment firms ended their planned $5.82 billion takeover of the casino and racetrack operato...READ MORE
(PHILADELPHIA)Two investment firms pulled the plug Thursday on their $5.82 billion acquisition of Penn National Gaming Inc. after the racetrack and casino operator's stock price tumbled.READ MORE