Industry
Bernie Sanders, Elizabeth Warren seek hedge fund regulation
Recently unveiled new Brokaw Act is a Congressional effort to regulate activist funds. The new act aims at regulating activist funds. Democratic Presidential candidate Bernie Sanders and Massachusetts senator Elizabeth Warren have co-sponsored the Brokaw Act.
Standard & Poor's Will Review Pershing Square Rating
Following Valeant Pharmaceuticals' meltdown, S&P rating service puts Pershing Square Holdings Ltd on review. However, S&P acknowledged swift decision by the firm to strengthen its liquidity after a massive loss.
Aeropostale Explores Strategic Options After Another Poor Quarterly Result
Following another quarterly loss, the clothing company is in rush to find the best option. That includes putting the company on sale.
Pacific Exploration Corp explores 6 buyout offers
Pacific Exploration & Production Corp is actively examining six buyout offers. The Canada-listed company is in the process of avoiding bankruptcy. The company's board is likely to take its final decision by this weekend.