Simons on Market's Resilience

In his first interview since stepping down from Renaissance Technologies, the top-performing hedge fund that he founded, James Simons sounds relatively positive on the stock market. Simons tells CNBC that…

Berkowitz, Renaissance Targeted BP

Top fund manager Bruce Berkowitz has been buying up beaten-down financials for several months now. In the second quarter, he also keyed on a beaten-up energy company — much-maligned BP.…