Clik here to view.
A Hedge Fund Put Out A Massive Presentation About Why A Wireless Company Is...
The hedge fund Kerrisdale Capital says shares of the data communications company Globalstar are worth $0.In a lengthy research report, accompanied by a long slideshow presentation, Kerrisdale argues...
View ArticleClik here to view.
All Of The Sudden, Bill Ackman's Takeover Target Is Giving Him A Serious Run...
Pharmaceutical company Allergan is still showing no signs of going quietly.Bill Ackman and fellow pharmaceutical company Valeant have once again raised their bid for the company, continuing a saga that...
View ArticleClik here to view.
Eddie Lampert And His Hedge Fund Have Lost A Combined $236 Million On Sears...
Shares of retailer Sears got pummeled on a Bloomberg News' report that a "medium sized" vendor had halted shipments.The stock was last trading down 15% at about $25.72 per share. This is more bad news...
View ArticleClik here to view.
David Einhorn Is Giving Cornell $50 Million For A New Program
David Einhorn is giving back big to his alma mater.The billionaire hedge fund manager will donate $50 million to Cornell University over ten years through the Einhorn Family Charitable Trust for a new...
View ArticleClik here to view.
ICAHN: Tim, You're An Awesome CEO, But ...
Billionaire investor Carl Icahn just released his latest open letter to Apple's CEO Tim Cook.In sum, he wants the company to repurchase "a lot more" stock and "sooner.""We are simply asking you to help...
View ArticleClik here to view.
John Paulson's Fund Crashed 10.6% In September
September was rough for hedge fund billionaire John Paulson.His flagship Advantage Plus fund fell 10.6%, while his Advantage fund fell 8%.That means Advantage Plus fell 14% this year through September,...
View ArticleClik here to view.
CARL ICAHN: Marc Andreessen Has Screwed More People Than Casanova
Billionaire activist investor Carl Icahn slammed Marc Andreessen on CNBC's "Halftime Report.""Andreessen, he's screwed more people than Casanova, for Christ's sakes," Icahn said of the eBay board...
View ArticleClik here to view.
The Activist Investor Going After Olive Garden And Its Breadsticks Just...
Darden, the parent company of Olive Garden, said that its shareholders have elected all of activist hedge fund Starboard Value's nominees to the restaurant group's board.This is a huge win for activist...
View ArticleClik here to view.
BILL ACKMAN: We're Much More Like Warren Buffett Than Carl Icahn
Bill Ackman's Pershing Square Holdings began trading in Amsterdam today.Ackman, the CEO of Pershing Square Capital Management, compared his investment strategy to Warren Buffett's Berkshire Hathaway....
View ArticleClik here to view.
T. BOONE PICKENS: Obama's Exercise Routine Is 'Pitiful'
Billionaire energy tycoon T. Boone Pickens had harsh words for President Barack Obama's policies in an interview with Business Insider last Friday, but he also criticized the president's fitness...
View ArticleClik here to view.
PICKENS: I Think Mitt Romney Is Thinking About Running Again
Last Friday morning, billionaire energy tycoon T. Boone Pickens was in a meeting with another politically active hedge fund manager in New York City.The meeting between the two included a broad...
View ArticleClik here to view.
John Paulson's Biggest Bet In The Stock Market Is Crashing
Hedge fund billionaire John Paulson is getting whacked on his hedge fund's largest equity investment, the biotech company Shire.Shire plunged 23% in London.Late Tuesday, the Chicago-based...
View ArticleClik here to view.
BILL ACKMAN: My Lawyers Have Seen Documents That Show Allergan Has Misled...
TORONTO (Reuters) - Hedge fund manager Bill Ackman said on Thursday his lawyers have seen documents that he said show Allergan's board knowingly misled investors as part of a defensive strategy to...
View ArticleClik here to view.
Short-Seller Carson Block Is Thinking About Getting Into The Hedge Fund Business
NEW YORK (Reuters) - Short seller Carson Block, the founder of research firm Muddy Waters LLC who has exposed accounting problems at a slew of Chinese companies, said on Thursday that he is seriously...
View ArticleClik here to view.
Steve Cohen's Still Killing It
Hedge fund giant Steve Cohen is still killing it.The New York Times' Matthew Goldstein reports that Point72 Asset Management has generated about $1.8 billion this year and about $800 million this...
View ArticleClik here to view.
David Einhorn Pitched SunEdison At A Conference And The Stock's Going...
Billionaire hedge fund manager David Einhorn, who runs Greenlight Capital, just pitched his best ideas at the Robin Hood Investors Conference—one of the most stacked investing events of the year.It's...
View ArticleClik here to view.
DAVID EINHORN: Long Greece, Short France
David Einhorn just finished presenting at the annual Robin Hood Investor Conference, and he recommended a Europe trade — long Greece, short France.Einhorn recommended going long Greek banks, Alpha Bank...
View ArticleClik here to view.
Carl Icahn Thinks Apple Stock Is Worth $203. Here’s Why He’s Wrong.
Legendary hedge fund manager Carl Icahn thinks Apple stock should be trading at $203 per share based on his earnings expectations for next year. That’s more than double the stock’s current price. If...
View ArticleClik here to view.
PAUL TUDOR JONES: Commodities Will Be Ugly Until At Least 2020
Commodity prices have been falling around the world, and Paul Tudor Jones II thinks this trend will play out through 2020.On Monday, the legendary macro trader was interviewed by another legend,...
View ArticleClik here to view.
Jim Chanos Tanked Brazil
Jim Chanos tanked Brazil on Monday afternoon.The founder of short-focused hedge fund Kynikos Associates presented his thesis for Petrobras, the Brazilian quasi-state oil company at the Robin Hood...
View Article