Hedge Funds

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A street sign can be seen outside the New York Stock Exchange in New York March 11, 2009.  REUTERS/Lucas Jackson
hedge funds:

Citadel sues former employees 2:33pm BST

Citadel Investment Group, one of the world's most successful hedge fund firms, sued a former top executive in its highly successful quantitative trading unit and two others for setting up their own firm.  Full Article 

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General Motors President and CEO Fritz Henderson addresses the media about the new General Motors Company during a news conference at the GM headquarters in Detroit, Michigan July 10, 2009. REUTERS/Rebecca Cook
Everyone associated with GM must be prepared to change -- and fast.
GM Chief Executive Fritz Henderson referring to the new General Motors

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As of the Targets' latest trading prices (delayed by at least 15 minutes)
Target: AB andT Financial Corp (USA)
Acquirer: 1st Financial Services Corp (USA)
Spread: 39.5% 
Target: Abigail Adams National Bancorp Inc (USA)
Acquirer: Premier Financial Bancorp Inc (USA)
Spread: 7.9365096% 
Target: Abigail Adams National Bancorp Inc (USA)
Acquirer: PS D'Iberville LP (USA)
Spread: 36.904762% 
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Lucrative mergers and acquisitions remained anemic in the second quarter, forcing cash-hungry companies to sell bonds and shares as banks kept a tight grip on their treasure chests.

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Patience pays for foreign banks in Japan Thursday, 9 Jul 2009

TOKYO (Reuters) - U.S. and European banks may dream of making it big in Japan, but tough local competition and costly past failures mean they will largely remain niche players in the world's second-biggest economy.  Full Article  |  Video