By Granth Vanaik and Siddharth Cavale (Reuters) - Keith Gill, the meme stock trader Roaring Kitty, thrust Chewy Inc ( CHWY ) into the spotlight when he made a $245 million bet on the online pet products retailer on Monday. What is Chewy and why has it attracted Gill's interest? WHAT'S THE BUSINESS? Chewy is an $11 billion e-commerce retailer...

NEW YORK (Reuters) -BlackRock won a fight with hedge fund manager Boaz Weinstein last week when shareholders voted at four of its closed-end funds, data showed, keeping the asset manager's directors in place and retaining it as the manager. Weinstein's Saba Capital Management, a large owner in BlackRock's closed-end funds, and BlackRock have been locked in battle for months over...

NEW YORK (Reuters) - Hedge fund Schonfeld Strategic Advisors' flagship fund Strategic Partners ended the first half of the year up 10.3%, driven by positive performance across different strategies and after posting a gain of 1.9% last month, a source familiar with the matter said. Quantitative equities, tactical trading, global macro, relative value and credit were among the most important...

12:54 PM EDT, 07/01/2024 (MT Newswires) -- (Corrects final paragraph to state that the managing director of Walgreens Boots Alliance's ( WBA ) subsidiary is stepping down.) All three major US equity indexes were up at midday Monday, thanks to gains from the stocks of the giant technology companies. In company news, Boeing ( BA ) agreed to acquire Spirit...