Fairfax Financial Holdings Ltd
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10-2810-cv
Local Union No. 392 Pension Fund v. Fairfax Financial Holdings Ltd.
UNITED STATES COURT OF APPEALS
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OLDWICK, N.J. -- A.M. Best Co. has assigned a debt rating of "bb+" to the forthcoming cumulative five-year rate reset preferred shares (Series E) to b...
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SAN DIEGO -- Robbins Umeda LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board ...
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...and Fairfax Financial Holdings Ltd. based on inter alia allege...
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CHICAGO -- One of the quickest ways to gauge whether a company is creating assets or gobbling up investor's cash is to look at their Return On Equity ...
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NEW YORK (Reuters) - When Fairfax Financial Holdings Ltd. sued a group of hedge funds in 2006 claiming they conspired to drive down the price of the company's shares, many viewed the litigation as a cynical attempt by the Canadian insurer to silence its critics.
Some skeptics predicted the lawsuit filed with a New Jersey state court would be quickly dismissed and forgotten. But three years later, the lawsuit against Steven Cohen's SAC Capital Advisors, James Chanos' Kynikos Associates and others is going strong and creating headaches for two of the best-known U.S. hedge fund managers.
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Mark Cuban, who became a billionaire in 1999 after Yahoo Inc. bought a company he co-founded, said he is betting against "bad companies" such as Overstock.com Inc., while owning enough shares in companies like Lions Gate Entertainment Corp. to "influence" management.
Cuban, owner of the National Basketball Association's Dallas Mavericks, said he's "short-selling" Salt Lake-based Overstock, a discount Internet retailer, by selling borrowed shares in hopes of profiting from a price drop. He's also shorting Orem-based iMergent Inc., a provider of online-retailing software, and Fairfax Financial Holdings Ltd., a Toronto-based insurer, Cuban said in an interview in New York.
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TORONTO--(BUSINESS WIRE)--Oct. 30, 1996--FAIRFAX FINANCIAL HOLDINGS LTD. (TSE: FFH )
FINANCIAL RESULTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1996 ...
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BOSTON (Reuters) - U.S. financial regulators are probing whether several prominent hedge funds might have made trades in Fairfax Financial Holdings Ltd., after having improperly received advance notice of an upcoming report, The Wall Street Journal reported in its Friday [Feb. 13] edition.
The newspaper reported the Securities and Exchange Commission is probing a matter first alleged in a civil court case filed by Toronto-based Fairfax.
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Business Editors
NEW YORK--(BUSINESS WIRE)--Standard & Poor's
April 28, 2000--Standard & Poor's today commented on Canada-based Fairfax Financial ...