SAC Capital Advisors

NEW YORK, May 9 (Reuters) - Investors in Steven A. Cohen's SAC Capital Advisors will get a bit more time during the second quarter to decide whether to withdraw money from the $15 billion hedge fund. A source familiar with the hedge fund said on Thursday...

May 9 (Reuters) - Freeport-McMoRan Copper & Gold Inc said on Thursday it does not plan to raise its offer for Plains Exploration & Production Co, calling the terms of the friendly deal "best and final." The comments follow news that proxy advisory firms...

By Svea Herbst-Bayliss and Katya Wachtel LAS VEGAS, May 8 (Reuters) - Days after reporting some of the industry's deepest losses, hedge fund billionaire John Paulson said investors should stick with managers for the long term and reminded a conference...

May 6 (Reuters) - CR Intrinsic said on Monday it plans to vote against Freeport McMoRan Copper & Gold Inc's acquisition of Plains Exploration & Production Company because it undervalues the oil and gas company. The acquisition is part of Freeport's big...

* SAC Capital employee loses bid for new judge * Steinberg has pleaded not guilty to five counts By Bernard Vaughan NEW YORK, May 3 (Reuters) - A federal judge has set Nov. 18 for the start of the criminal trial of Michael Steinberg, the most senior...

May 3 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * A day after the Walt Disney Company disclosed that it was ending apparel production...

By Sarah N. Lynch April 30 (Reuters) - Gerson Lehrman Group, the country's largest expert network firm, has hired a U.S. Securities and Exchange Commission enforcement attorney to serve as its chief compliance counsel, the company confirmed on Tuesday....

BOSTON, April 26 (Reuters) - Hedge fund SAC Capital Advisors, under pressure from a government investigation into insider trading, is adjusting its liquidity conditions again as a new deadline to pull out money looms next month. "We are offering our...

BOSTON (Reuters) - Hedge fund titan Steven A. Cohen is giving investors more time to withdraw their money from SAC Capital Advisor's funds, as his $15-billion firm faces continued federal scrutiny in an insider trading investigation. With about three...

* U.S. says Diamondback could recover up to $12.9 mln * Diamondback sought up to $39 mln * Newman plans to appeal insider trading conviction * Sentencing set for May 2 By Jonathan Stempel NEW YORK, April 26 (Reuters) - A Diamondback Capital...

In another sign of the government's intense focus on illicit trading on Wall Street, the FBI early Friday arrested a longtime SAC Capital Advisors portfolio manager on insider-trading charges.  Federal agents took Michael Steinberg into custody at his...

U.S. prosecutors on Friday charged Michael Steinberg, a veteran portfolio manager with Steven A. Cohen's $15 billion hedge fund, with engaging in insider trading in two technology stocks, the most senior SAC Capital Advisors employee to be charged in...