hedge fund

Business
11:22 am
Tue January 21, 2014

Activist investor wants changes at Dow Chemical

Dow Chemical Co., Midland, Michigan (file photo)
Steve Carmody/Michigan Radio

A major hedge fund is making waves for Midland-based Dow Chemical.

Third Point Management announced today that it has upped its position in Dow Chemical.

The hedge fund now has a $1.3 billion stake in Dow. That makes the hedge fund a significant shareholder in the company.  

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Law
5:45 pm
Thu July 25, 2013

A former University of Michigan neurologist could be a key witness in federal insider trading case

Dr. Sidney Gilman (file photo)
UM Photo

A huge Connecticut-based hedge fund owned by an embattled billionaire is facing insider-trading charges.    And a former University of Michigan professor may have played a part. 

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