Diamondback Hedge Fund Gets U.S. Grand Jury Subpoena Bloomberg | by: Saijel Kishan and Patricia Hurtado Diamondback Capital Management LLC, one of three hedge funds raided by the FBI last week, said it received a federal grand jury subpoena and is cooperating in a U.S. probe that it said includes research consultants. The firm, based […]

Don’t Forget About the Fed’s Other Asset-Buying Effort Atlantic.com | by:  Daniel Indiviglio In early November, the Federal Reserve Open Market Committee (FOMC) decided to begin a new program to buy $600 billion in longer-term Treasury securities. It would do so by purchasing $75 billion per month for eight months. But that isn’t the whole […]

Asian Stocks Pare Gain as Dollar Rises on Koreas, Ireland Aid By Shiyin Chen | Bloomberg.com Asian stocks pared gains and the dollar rose to a two-month high as escalating tensions in the Korean peninsula offset investor optimism over Ireland’s 85 billion-euro ($113 billion) bailout. The MSCI Asia Pacific Index was rose 0.1 percent to […]

By Alistair Barr, MarketWatch SAN FRANCISCO (MarketWatch) — General Motors Co. said Friday that its public offering grew to $23.1 billion after underwriters exercised their rights to buy a big chunk of the auto maker’s stock. GM (GM $33.80, +0.32, +0.96%) announced that the underwriters exercised in full their overallotment options to purchase an additional 71.7 […]