Barnes & Noble Shares Surge 18% After Jana Takes a Stake

Shares in the bookseller Barnes & Noble soared more than 18 percent on Monday after the hedge fund Jana Partners bought a 12 percent stake in the company. http://dealbook.nytimes.com/2012/04/23/barnes-noble-shares-surge-18-after-jana-takes-a-stake/

Wells Fargo to Buy Prime Brokerage Firm

Wells Fargo took its first step into prime brokerage on Friday, agreeing to buy the midsize Merlin Securities.

The deal makes Wells Fargo the last of the nation’s biggest banks to enter the lucrative prime brokerage field, which caters to hedge funds and other alternative asset management firms. Hedge funds often rely on prime brokers to manage their cash, execute their leveraged trades and lend securities so they can short sell.

http://dealbook.nytimes.com/2012/04/27/wells-fargo-to-buy-prime-brokerage/

Einhorn Questions Prompt Selloff at Herbalife

When David Einhorn speaks, investors around the markets listen. So when he asks critical questions on a company’s earnings calls, shareholders apparently panic. http://dealbook.nytimes.com/2012/05/01/einhorn-questions-prompt-selloff-at-herbalife/

Mudrick Performance On the Rise

Mudrick Capital is back to putting up strong returns.

The distressed-debt investor’s Mudrick Distressed Opportunity Fund gained 10.1% during the Jan.1-April 27 stretch, including profits of 4.3% in January and 2.5% in February.

http://www.hfalert.com/index.php

Investor Group Carves Up Collective Brands

Collective Brands, the footwear company behind Keds and Payless ShoeSource, has found a new home — or rather two.

http://dealbook.nytimes.com/2012/05/01/investor-group-carves-up-collective-brands/

Bankers Find It Tough to Tap Gulf Region’s Wealth

On a recent sunny day, Eric Swats, a fund manager at Rasmala Investments, sat under a parasol at a restaurant on the terrace of the Dubai International Finance Center, talking up his new $25 million Rasmala Global Sukuk Fund.


http://dealbook.nytimes.com/2012/05/01/bankers-find-it-tough-to-tap-gulf-regions-wealth/

Facebook on Track for I.P.O. Roadshow

Facebook is still on track for a mid-May I.P.O. http://dealbook.nytimes.com/2012/05/01/facebook-on-track-for-i-p-o-roadshow/