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George Soros Picked Up Stakes In Apple, JCPenney, Dumped A Bunch Of Citigroup...
George Soros' Q2 2013 13F is out— that means we get to see the long positions his family office is holding.Lets get to the stand outs.Soros picked up 66,800 shares of Apple from nothing. In his...
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Dan Loeb Disclosed New Stakes In Disney And Coca-Cola During Q2
Activist investor Daniel Loeb released Third Point LLC's 13F quarterly filing with the Securities and Exchange Commission yesterday evening. During the second quarter ended June 30, Loeb disclosed new...
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David Einhorn Dumped Microsoft In Q2 And Bought A Bunch Of Rite Aid Stock
Hedge fund manager David Einhorn, who runs $8 billion Greenlight Capital, has filed his fund's 13F with the SEC. For the second quarter ended June 30, Apple remained Einhorn's top holding. He held...
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It Appears George Soros Has Made A Huge Bearish Bet
Billionaire George Soros' family office hedge fund, Soros Fund Management, filed its 13F quarterly report with the Securities and Exchange Commission yesterday. As Marketwatch reporter Barbara...
View ArticleHerbalife Claims The Reason We Didn't Like Their Shakes Is Because We Made...
We recently had our our co-workers try Herbalife's Formula 1 shake for the first time. For the most part, people didn't like the shakes. Herbalife told us the reason is that we didn't use a blender for...
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REPORT: SAC Investors Want Their Money Back Now, And That's Not OK With Steve...
Some investors in SAC Capital — Steve Cohen's beleaguered hedge fund facing insider trading indictments — want to pull their money now, fearing the government will freeze assets.But Bloomberg is...
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If Bill Ackman Were A Stock, I'd Be Buying Right Now
The piling on re: Bill Ackman - I would bet - has now reached its pinnacle. If he was a stock, and I a deep value investor, I'd be buying him in size here. Okay, maybe I'd be buying calls instead of...
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JCPenney Says It Has Reached An Agreement For Bill Ackman To Sell His Massive...
JCPenney has reached an agreement with Bill Ackman so Pershing Square can begin to sell its stake in the retailer, according to an 8-K filed with the SEC on Friday. [via CNN Money]From the filing: On...
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SAC LOYALIST: 'I Feel Like Will Smith In 'I Am Legend' When Everyone Else Has...
SAC Capital started the year with $15 billion in assets, $6 billion of which belonged to outside investors.But a high profile insider trading probe has seen Steve Cohen's embattled fund lose $3 billion...
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Stamford Boaters Are Super Mad About Ray Dalio's New 850,000-Square-Foot...
It was around 9:38 at night when James Cutler realized that things were not going well.Cutler was standing in front of a stage in the auditorium of the Westover Magnet Elementary School in Stamford,...
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Top Herbalife Distributor Dead In Apparent Suicide
John Peterson, a top Herbalife distributor, has died in an apparent suicide, the New York Post's Michelle Celarier reports. He was 58. From the Post: Peterson was found inside a 2008 Ford pickup parked...
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Hedge Funder Buddy Fletcher Is Selling His Connecticut 'Castle' For $8.85...
Hedge fund manager Alphonse "Buddy" Fletcher, Jr., who was featured in the book "Stock Market Wizards," is selling his Connecticut "castle"for $8.85 million, Curbed reports. Fletcher purchased the...
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HEDGE FUNDER FALCONE TO PAY $18 MILLION FINE AND ACCEPT 5-YEAR BAN FROM INDUSTRY
Hedge fund manager Phil Falcone, who runs Harbinger Capital, has reached an agreement with the Securities and Exchange Commission.Falcone agreed to be barred from the securities industry for at least...
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Finance Pros Are Going Nuts Over A New Database That Lets Them Compare Their...
This morning SumZero, a networking site for financial professionals, launched a new service — a compensation database where members can submit their pay and compare it to others submitted to the...
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JCPenney Has No Plan For When All Of Its Core Customers Die
The worst thing to come out of JCPenney's long, rough slog of an earnings call this morning, is the confirmation that executives have no plans for what to do with the retailer when its core customers...
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Bill Ackman Is Getting No Credit For The One Thing That's Working At...
Today, during JCPenney's dismal Q2 earnings call, there was one ray of light, and it was all thanks to the most hated man in the JCPenney universe, hedge fund manager Bill Ackman.If you're an Ackman...
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Dan Loeb May Be A Great Activist Investor, But His Triathlon Times Are Pretty...
Hedge fund manager Daniel Loeb, who runs Third Point LLC, is extremely fit. The 51-year-old practices yoga, surfs, and competes in triathlons. He even challenged three former Navy SEALS to compete...
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These Charts Show How Fast Traders React To Carl Icahn Tweets
Last week, billionaire investor Carl Icahn Tweeted that he had a large stake in Apple and had talked to Tim Cook. During the final hours of the trading session, Icahn's Tweets had added more than $17...
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Argentina Just Lost Huge To A Bunch Of Hedge Fund Creditors, And The Judge...
Argentina just lost its appeal to continue refusing to pay a group of hedge fund managers, led by Paul Singer, $1.6 billion worth of sovereign debt dating back to its $95 billion default in 2001. You...
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Jeff Gundlach Takes A Subtle Swipe At Bill Ackman On CNBC
Bond god Jeffrey Gundlach said on CNBC's "Halftime Report" with Scott Wapner that he wouldn't announce any short positions because it invites your rivals to bet against you. "I've learned from watching...
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