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Jana Partners Breaks Out With Profitable May

Barry Rosenstein’s hedge fund firm books gains from largest longs, from Qualcomm to Walgreens Boots Alliance.

       Barry Rosenstein (Bloomberg) Jana Partners, the flagship fund of the New York hedge fund firm of the same name, posted its first profit in three months, gaining 1.5 percent in May. As a result, the fund is up 2.7 percent for the year. Jana Nirvana Fund, a more aggressive fund that typically

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