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Exclusive: Schneider nears $5 billion Invensys deal - sources

LONDON/NEW YORK (Reuters) - France's Schneider Electric <SCHN.PA> is nearing a 3.3 billion pound ($5.07 billion) deal to acquire British engineer Invensys <ISYS.L> and could announce it at its results on Wednesday, three people with direct knowledge of the matter said. Full story

Ex-Goldman director Gupta fined, banned in SEC case

(Reuters) - Former Goldman Sachs Group Inc Director Rajat Gupta was ordered to pay a $13.9 million penalty and banned from serving as an officer or director of a public company for having illegally passed corporate secrets to former hedge fund manager Raj Rajaratnam, a top U.S. regulator said on Wed Full story

SAC's Cohen seen avoiding criminal charges by July deadline: WSJ

BOSTON (Reuters) - U.S. prosecutors do not have enough evidence to file criminal insider trading charges against hedge fund manager Steven A. Cohen before a July deadline, the Wall Street Journal reported on Thursday. Full story

Hedge fund manager used postal box to hide $6 million fraud, Feds say

CHICAGO/SAN FRANCISCO (Reuters) - A North Carolina hedge fund manager used a personal post-office box and forged bank statements to hide his theft of about $6 million over a seven-year period, U.S. regulators and prosecutors said on Monday. Full story

Paulson's main funds gain on deals, distressed debt

BOSTON (Reuters) - Hedge fund manager John Paulson reported strong returns in his largest funds last month as bets on deals and distressed debt are paying off and boosting several of his portfolios to double digit gains so far this year. Full story

Dalio: Cash & Bonds 'Terrible' Investments

   Hedge fund manager Ray Dalio of Bridgewater Associates, shares his thoughts on whether the Fed's quantitative easing has been artificially inflating the markets, reports CNBC's Andrew Ross Sorkin.

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Short-seller Chanos still bearish on PC-makers Dell, HP: CNBC

Judge dismisses suit against Paulson & Co over Sino-Forest bet

Massachusetts Democrats blast billionaire's bid to stir Senate race

Fugitive hedge fund manager arrested in Italy

U.S. insider trading informant Fortuna gets two years probation

Video

  European Markets Pare Loses

CNBC's Simon Hobbs reports on all the market moving events in Europe today, as shares moved higher after hedge fund manager David Tepper told CNBC he is "definitely bullish" on stocks.

  Which Tech Stocks Should We Bet on?

Andy Kessler, former Hedge Fund Manager, Author, shares his view on tech stocks now.

  Bill Miller Likes Groupon

Andy Kessler, former hedge fund manager, offers his take on tailwinds in the tech sector. CNBC's Herb Greenberg weighs in with CNBC's Mandy Drury.

  Druckenmiller: Debt Load Will Eventually Hit Markets

In a rare television interview, hedge fund manager Stanley Druckenmiller calls for immediate action to address the nation's debt problem.

  Former P&G CEO Reacts to Ackman's Activism

A.G. Lafley, who retired from the consumer products company in 2010, said his successor was articulating his strategy for growth before the hedge fund manager raised concerns.

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Related Photos

File photo of Hedge fund manager Cohen, founder and chairman of SAC Capital Advisors, listening to a question during an interview at the SALT Conference in Las Vegas
File photo of Hedge fund manager Cohen, founder and chairman of SAC Capital Advisors, listening to a question during an interview at the SALT Conference in Las Vegas

Hedge fund manager Steven A. Cohen, founder and chairman of SAC Capital Advisors, listens to a question during a one-on-one interview session at the SkyBridge Alternatives Conference in Las Vegas, Nevada in this May 11, 2011, file photo. REUTERS/Steve Marcus/Files

Hedge fund manager Steven A. Cohen, founder and chairman of SAC Capital Advisors, responds to a question during a one-on-one interview session at the SkyBridge Alternatives (SALT) Conference in Las Vegas, Nevada May 11, 2011
Hedge fund manager Steven A. Cohen, founder and chairman of SAC Capital Advisors, responds to a question during a one-on-one interview session at the SkyBridge Alternatives (SALT) Conference in Las Vegas, Nevada May 11, 2011

Hedge fund manager Steven A. Cohen, founder and chairman of SAC Capital Advisors, responds to a question during a one-on-one interview session at the SkyBridge Alternatives Conference in Las Vegas, Nevada May 11, 2011 file photo.REUTERS/Steve Marcus

Hedge fund manager Steven A. Cohen, founder and chairman of SAC Capital Advisors, responds to a question during a one-on-one interview session at the SkyBridge Alternatives (SALT) Conference in Las Vegas, Nevada May 11, 2011 file photo. REUTERS/Steve Marcus
Hedge fund manager Steven A. Cohen, founder and chairman of SAC Capital Advisors, responds to a question during a one-on-one interview session at the SkyBridge Alternatives (SALT) Conference in Las Vegas, Nevada May 11, 2011 file photo. REUTERS/Steve Marcus

Hedge fund manager Steven A. Cohen, founder and chairman of SAC Capital Advisors, responds to a question during a one-on-one interview session at the SkyBridge Alternatives Conference in Las Vegas, Nevada May 11, 2011 file photo. REUTERS/Steve Marcus