James Simons

Jim Simons said to ...

SHENZHEN, China, Oct. 7 /PRNewswire-Asia-FirstCall/ -- Noah Education Holdings Ltd. (NYSE: NED, "Noah" or "the Company"), a leading provider of supplementary education products and services in China, today announced that Noah will make a strategic investment, in the amount of US$1 million, in the convertible preferred stock (the "Series B Preferred") of Saunders Acquisition Corporation ("Saunders"), a Delaware corporation recently formed for the purpose of consummating a merger (the "Merger") with and into Franklin Electronic Publishers, Incorporated, a Pennsylvania corporation ("Franklin"). Saunders is currently owned by the senior management of Franklin. Noah will subscribe the Series B Preferred prior to the consummation of the Merger. On the effective date of the Merger, shares of the convertible redeemable preferred stocks (the "Series A Preferred") and the Series B Preferred of Saunders, including the Series B Preferred to be subscribed by Noah, will be converted into shares of Series A ...

James Simons Renaissance Technologies hedge funds, one of the most successful hedge funds for years, released its 13F for the quarter ended March 31, 2009.

Simons' Renaissance is a black-box, meaning we don't know exactly how he picks his stocks but it is assumed that most are based on computer models.

Last year, James Simons was the top hedge fund earner, bringing in $2.5 billion. This year may be a little ...

With yesterday's 3.9% surge in the Nasdaq, investors were stunned as the headline "Nasdaq turns positive year-to-date" crossed the wires. Positive?... huh? Does anyone besides Jim Simons or John Paulson actually remember what that means? Let's keep in mind that the Dow 30 is still down more than 11% since the beginning of '09...

While tech stocks were previously viewed as a more recession-resistant part of the economy, investor hopes were shattered at the end ...

Times were tough for most investors in 2008, but not for the top money managers on "Alpha" magazine's 8th annual ranking of the world's highest-earning hedge fund managers.

These top hedge fund managers, on average, took home $464 million apiece in 2008. Yes, that was an average of $464 million amongst the top 25 hedge fund managers.