Update on Hedge Fund-Like Funds - Kiplinger.com:
"Mutual funds that employ hedging strategies, such as those that sell stocks short or that buy and sell options, can smooth returns when the market behaves erratically."
"Mutual funds that employ hedging strategies, such as those that sell stocks short or that buy and sell options, can smooth returns when the market behaves erratically."
"The new company plans to repurchase $4 billion worth of its shares for $27.50 each, a move the merger partners said would increase Vivendi’s stake to 68 percent. The purchase price represents a premium of 24 percent over Activision’s closing price on Friday of $22.15 a share."