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This Could Be A Reason Why Valeant Wants To Buy Allergan As Soon As Humanly...
On Thursday hedge fund Pershing Square did yet another presentation meant to sway Allergan shareholders toward a Valeant Pharmaceuticals takeover, and a question at the end of the presentation...
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Dan Loeb Unveils A New Bet On A Dutch Nutrition Company
Hedge fund manager Daniel Loeb has just sent out Third Point LLC's Q2 investor letter and he's disclosed a new long equity position in a nutrition company. Third Point, which has more than $14 billion...
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DAN LOEB: Anticipating A Fed Rate Hike Is Like Waiting For A Friend Who Never...
Hedge fund manager Daniel Loeb says that anticipating a rate hike from the Fed is like "Waiting for Godot" referring to Samuel Beckett's play where two friends wait for a friend to show up and he never...
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Sotheby's Is Cutting Jobs (BID)
Auction house Sotheby's said in a securities filing that it will reduce its headcount in the U.S. and U.K. as part of a restructuring plan. "The restructuring plan is the result of a strategic review...
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Bill Ackman Is About To Deliver Another 'Nail To Herbalife's Coffin' (HLF)
Famed investor Bill Ackman has been in a long-running battle against Herbalife, a maker of health shakes.Ackman is loudly short the company, and believes the business is scam.Anyway, Value investor...
View ArticleJIM CRAMER: Bill Ackman Is Going To Annihilate Herbalife
Hedge fund manager Bill Ackman said on CNBC today that he would give the "most important" presentation of his career on Tuesday when he unveils an investigation into Herbalife's nutrition clubs. In...
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Bill Ackman Just Finished 'The Most Important Presentation' Of His Career And...
Billionaire hedge fund manager Bill Ackman just wrapped up his latest Herbalife presentation.Ackman, who runs Pershing Square Capital, gave what he called "the most important presentation" of his...
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Argentines Are Preparing Themselves For A Lost Year
Today a New York Judge will decide if Argentina absolutely must pay a group of hedge fund managers over $1.3 billion in bonds by July 31st, or if it can get a stay on payment until it negotiates and...
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This Is Not The First Time Bill Ackman May Have Cried In Public
In front of hundreds of investors, the media, and curious observers, hedge fund billionaire Bill Ackman teared up while speaking about his family and the American Dream on Tuesday.It was just a small...
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Argentina Just Played Its Final Card ... And It Lost
Argentina had one card left to play in its battle against hedge fund creditors, and it just lost.Judge Thomas Griesa said that a New York Court would not grant Argentina a stay on payment to...
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HERBALIFE CFO: We May Sue Bill Ackman
Herbalife CFO John DeSimone said they may sue hedge fund manager Bill Ackman who has been on a crusade against the company for 18 months."We may. That's on the table. It's an option. I think our case...
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WHITNEY TILSON: I Am More Confident In My Herbalife Short Than Ever Before
Hedge fund manager Whitney Tilson, who runs Kase Capital, says he has "more confidence" in his Herbalife position following Bill Ackman's latest presentation. On Tuesday, Ackman presented a 250-plus...
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A Boston Hedge Fund Made $950 Million On One Stock Today (PBYI)
Shares of Puma Biotechnology (PBYI) were going absolutely bonkers Wednesday morning following a successful trial of a breast cancer drug. The stock surged about 283%, or about $167, since the opening...
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This Might Be Bill Ackman's Real Plan To Take Down Herbalife (HLF)
Yesterday, hedge fund manager Bill Ackman gave "the most important presentation" of his career and it was bizarre.So far, Ackman said that his team spent nearly $50 million spent on research,...
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Here's Bill Ackman's Epic Presentation On Why Herbalife Is Going To Implode
Hedge fund manager Bill Ackman gave what he called "the most important" presentation of his career on Tuesday.Over the course of three hours, he delivered a presentation that he had billed as a "death...
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Billionaire Hedge Fund Manager Ken Griffin Filed For Divorce While His Wife...
Hedge fund billionaire Ken Griffin has filed for divorce from his wife, Anne Dias-Griffin. His wife's attorney told the Chicago Tribune in a statement that Griffin filed while she was on summer...
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This Could Be The Beginning Of A Revolt Against Hedge Funds
The California Public Employees' Retirement System (Calpers), one of the largest pension funds in the United States, has decided to drop its investment in hedge funds by 40% (or down to $3 billion)...
View ArticleThere's A Big Warning About Acquisitions In David Einhorn's Latest Investor...
Greenlight Capital CEO David Einhorn sent out his Q2 investor letter this week, and the big takeaway is about how low interest rates are impacting corporate acquisitions.In a nutshell: Low interest...
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Actually, Argentina's Leaders Might Be Totally Genius
There have been moments in the decade-long legal battle between Argentina and a small group of hedge fund creditors known as NML Capital when one could only step back and think, The people running...
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Herbalife Shares Drop After Weak Earnings Report (HLF)
Nutritional supplement-seller Herbalife reported second quarter earnings results and they came in weaker than expected.For the second quarter, the multi-level marketer reported adjusted earnings per...
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