Diggin’ Dell
Greenlight Capital, the hedge fund run by David Einhorn, bought shares of Dell and Xerox in the fourth quarter as part of a bet on undervalued US stocks, according to a letter to investors.
Lex & Larry
Rockrose Development agreed to pay about $370 million for 575 Lexington Ave., or $500 a square foot, to a partnership between the California State Teachers’ Retirement System and developer Larry Silverstein.
Citi fined
The Financial Industry Regulatory Authority slapped Citigroup Global Markets with a $725,000 fine for a failure to disclose conflicts of interest in some research reports and analysts’ public appearances.
Greece talks
Greece may reach a deal with private-sector creditors on a debt write-down plan by the end of the week, a Greek Finance Ministry official said yesterday.
Code caper
The feds arrested Bo Zhang, a contract worker at the Federal Reserve Bank of New York, alleging he copied and stole computer code that cost the government $9.5 million to develop.