– Sat Jan 29, 2011 CHICAGO (Reuters) – A group of hedge funds led by Elliott Associates and Black Diamond Offshore Ltd appealed the dismissal of their $2 billion lawsuit against German automaker Porsche SE.  The hedge funds filed notices of their appeal in Manhattan federal court late on Friday.  The hedge funds had claimed the Stuttgart-based carmaker deliberately […]
Author: InvestAdvocate
Hedge funds appeal dismissed $2 billion suit vs Porsche
– Sat Jan 29, 2011 CHICAGO (Reuters) – A group of hedge funds led by Elliott Associates and Black Diamond Offshore Ltd appealed the dismissal of their $2 billion lawsuit against German automaker Porsche SE.  The hedge funds filed notices of their appeal in Manhattan federal court late on Friday.  The hedge funds had claimed the Stuttgart-based carmaker deliberately […]
Index falls by 0.8% on bank losses
By Udeme Ekwere Saturday, 29 Jan 2011 Losses incurred by rescued banks in the Nigerian Stock Exchange on Friday accounted for the decline recorded in trading activities. Analysts said this was as a result of investors’ attempt to take profit from some of the gains the rescued banks made in the […]

