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Business

SAC Capital Boosts Stake in The Medicines Company

Steve Cohen’s SAC Capital Advisors has boosted its stake in The Medicines Company (NASDAQ:MCDO) to 2,706,765 shares. The hedge fund owns slightly more than 5.0% of outstanding shares in the company. As of September 30th, SAC owned 2.93% of the Parsippany, New Jersey based company, or 1,577,798 shares. The […]

Business

Tiger Global Purchases 9.9% of Groupon

According to a 13G filed with the SEC, Tiger Global Management LLC has purchased 9.9% of Groupon outstanding shares. Through various firms owned by the hedge fund, 65,000,000 shares of the Daily Deals company has been acquired. Tiger Global Management’s hedge fund, […]