Investisment Risk Management

Jana Partners Adds to AIG and Hertz Holdings

Jana Partners LLC, the $10 billion hedge-fund firm run by Barry Rosenstein, bought shares of FMC Corp. and exited stakes in Sirius XM Holdings Inc. and Juniper Networks Inc. during the second ...
Financial Crisis Headlines

Derivatives Are Returning, With a Makeover

Derivatives that helped inflate the 2007 credit bubble are being remade for a new generation. JPMorgan Chase & Co. is offering a swap contract tied to a speculative-grade loan index that makes ...