George Soros Takes A Stake In Herbalife, And The Stock Is Exploding
CNBC's Scott Wapner breaks the news that legendary hedge fund manager George Soros has taken a long position in Herbalife, according to sources familiar. According to Wapner, Herbalife is one of Soros'...
View ArticleHedge Funder With Scary Head Shot Says Making Money Off Bill Ackman Is Like A...
Activist investor Bob Chapman, who runs Manhattan Beach-based Chapman Capital, was on CNBC's "Halftime Report" with Scott Wapner moments ago talking about Herbalife and Bill Ackman.Chapman, who has...
View ArticleLooks Like Sony's Not Going To Roll Over For Dan Loeb
Sony is prepared to say "no thanks" to activist hedge fund manager Dan Loeb's suggestion that it spinoff its entertainment unit, Nikkei reports.Loeb, who owns 6.4% of Sony's outstanding shares, said in...
View ArticleThe Story Of The Hedge Funder Who Got Into A Bloody Motorcycle Wreck On The...
Here's a crazy tale we learned about Bob Chapman, the Manhattan Beach, Calif.-based hedge fund manager on CNBC today with the scariest headshot ever.When Chapman was on the way to his first finance job...
View ArticleShares of JCPenney Just Collapsed
Shares of JCPenney are tanking in the late trading session.The retailer's stock was last down more than 10%. The stock hit a trading session low of $14.55 per share.At approximately 3:36 p.m. today,...
View ArticleGASPARINO: Ackman's Lawyers Are Asking The SEC To Look At Soros's Investment...
Earlier today, CNBC reported that George Soros had amassed a large long position in Herbalife—the stock that's been at the center of a huge hedge fund war ever since Bill Ackman publicly announced that...
View ArticleHow Bill Ackman Had The Worst Day Ever Yesterday
Early yesterday morning, the big news of the day was that Pershing Square Capital Management, the $12 billion hedge fund managed by Bill Ackman, snapped up a $2.2 billion, or 9.8%, stake in Air...
View ArticleA Former Harvard Management Portfolio Manager Is Selling His Stunning...
Curbed's Rob Bear reports that former Harvard Management portfolio manager Philip Dubuque has put his waterfront estate on the market for $14,750,000. The 7,762 square-foot 9-bedroom Osterville,...
View ArticleMeet The Soros Portfolio Manager Who Worked On Breaking 'The Back Of Ackman'
All of the attention on George Soros' Herbalife investment has been on the legendary hedge fund manager himself.But according to Fox Business Network's Charlie Gasparino and the New York Post's...
View ArticleHedge Funds Are Sitting On $1 Trillion Of Debt
America's largest hedge funds have $1.47 trillion in net assets and more than $1 trillion in debt, according to a new report from the Securities and Exchange Commission.The SEC issued the report — the...
View ArticleThe Life And Career Of Bill Ackman — The Hedge Fund Manager Everyone's...
Ever since activist investor Bill Ackman publicly declared he's shorting Herbalife, he has become the target of the biggest names in the hedge fund community. The tall, handsome, silver-haired...
View ArticleREPORT: Bill Ackman Filed A Complaint With The SEC Alleging George Soros'...
The epic battle of hedge fund titans has intensified. It's now Ackman vs. Soros.On Friday, Bill Ackman filed a complaint with the SEC against George Soros' hedge fund and other unidentified...
View ArticleDAVID TEPPER: If You Invested $1 Million In My Hedge Fund In 1993 You Would...
David Tepper, who has been running distressed debt hedge fund Appaloosa Management for the past twenty years, is crushing it this year. According to CNBC's Scott Wapner, he's up 23.4% net of fees...
View ArticleJuly Numbers For Bill Ackman, David Einhorn, And Dan Loeb Are Out And...
(Reuters) - After a particularly rough June, two of the $2.25 trillion hedge fund industry's best known managers, David Einhorn and Daniel Loeb, each saw their main funds gain almost 3 percent last...
View ArticleCARL ICAHN: I Have Made $500 Million On My Herbalife Position
If you thought Carl Icahn "liked" Bill Ackman a couple weeks ago when he told CNBC's Scott Wapner that betting against him on Herbalife made him $250 million, well now he must really, really like him....
View ArticleThe SEC Shut Down A Hedge Fund Scam Run By An Ex-Marine Who Allegedly...
The Securities and Exchange Commission said today that it halted a United States Marine Corps veteran's Chicago-based hedge fund fraud that was targeting current and former military service members....
View ArticleThe Time Carl Icahn Fought An Entire Virginia Town And Lost
At the time, the press talked about it like it was another War of Northern Aggression.Back in 1982, a 46 year-old Carl Icahn tried to take control of a 100 year old textile company called Dan River...
View ArticleThe 10 Hedge Funds With The Biggest Stake In Tesla Motors
Yesterday, Tesla Motors beat second quarter earnings expectations by posting a surprise profit. The stock was trading up more than 13% in the pre-market. It was last trading around $152 per share.The...
View ArticleBill Ackman Says He's Looking For A New JC Penney CEO And The Stock Is Ripping
CNBC's Scott Wapner reports that JCPenney is looking for a new CEO to replace interim chief executive Mike Ullman, according to letter from hedge fund manager Bill Ackman. Ullman took over the helm...
View ArticleREPORT: George Soros Is Pulling All Of His Money From Bill Ackman's Hedge Fund
This just in from CNBC's Twitter account via Reuters.After getting publicly accused of a crime by hedge-fund manager Bill Ackman last week, George Soros is yanking all of his money out of Bill Ackman's...
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