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One Of John Paulson's Favorite Stocks Is Crashing
This could be bad news for John Paulson. Shares of the insurance company Genworth crashed after the company reported an $844 million loss.The stock was last trading at $8.98, down $5.09, or 36.1%. John...
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John Paulson's Event Fund Got Killed In October
Billionaire John Paulson's event-driven fund is in trouble after posting a 14 percent loss in October, according to a Bloomberg report.The event fund makes up about 16 percent of Paulson & Co,...
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RAOUL PAL: Bitcoin Is Worth $1,000,000
"I did some analysis a while ago," Raoul Pal said. "[It] was to try and create a valuation framework that gives some value to bitcoin because nobody really knows that it's worth."Pal, a former global...
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REPORT: Bill Ackman Just Took A Huge Stake In An Animal Health Company And...
Activist investor Bill Ackman, who runs Pershing Square Capital, has taken a huge stake in animal health company Zoetis, the Wall Street Journal reports citing unnamed sources familiar with the...
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RAOUL PAL: If The Dollar Does What I Expect, Then Oil Could Plunge To $30
Former global macro fund manager Raoul Pal, the author of the Global Macro Investor newsletter and founder of Real Vision Television, thinks it's possible that oil prices could fall to $30 per barrel...
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Dan Loeb Releases A Mini-Documentary Slamming Dow Chemical's Board For...
Activist investor Daniel Loeb, who is known for his infamous pen and scathing letters to company CEOs, has released his first-ever mini documentary taking on Dow Chemical. The film, which is called...
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Even Hedge Funds That Don't Exist Anymore Have To File With The SEC
Today, hedge funds have to disclose their equity holdings in a Form 13F with the Securities and Exchange Commission.Here's the new 13F filing from SAC Capital, the namesake fund founded by legendary...
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David Tepper Bought Alibaba
David Tepper, founder of Appaloosa Management, bought 725,000 shares of Alibaba in the third quarter, according to government filings.The online retailed was recently spun out of Yahoo and made public...
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Alibaba Is The Hottest Stock In The Hedge Fund World These Days
NEW YORK (Reuters) - Hedge funds scooped up shares of Chinese company Alibaba Group Holding in the third quarter, making the e-commerce giant one of the most commonly bought stocks among some of the...
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Actavis Is Buying Botox-Maker Allergan For $66 Billion
Irish pharmaceutical company Actavis will buy Allergan, the maker of Botox, for $219 per share in cash and stock, the company said in a press release. Actavis' CEO Brent Saunders will lead the company....
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Bill Ackman Has Made Over $2.2 Billion On A Deal That's Arguably A Failure...
The Irish pharmaceutical company Actavis is buying Allergan for $219 per share in a cash and stock deal valued at $66 billion. For months, Allergan has worked to fend off a hostile bid from the...
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We Spent A Day With The 18-Year-Old Who's Starting A Hedge Fund In His Dorm Room
Julian Marchese was 9 years old when he made his first trade. In high school, he skipped class on Fed Days.When the Canadian finance wunderkind was just a teenager, he developed a quantitative,...
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No Wonder They Call Hedge Funds 'Smart Money'!
One of the most amusing phrases on Wall Street is "smart money."This phrase is used to describe the handful of professional investors whose abilities and foresight are thought to be so acute that they...
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ACKMAN: I'll Take The $2 Billion And Thank You
Activist investor William Ackman is supporting the $66 billion deal in which Actavis PLC will buy Allergan Inc. and plans to withdraw from an Allergan special shareholder meeting he had planned, CNBC...
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Short-Seller Jim Chanos Took A Swipe At Tesla At A Conference In London
Jim Chanos, the founder of short-only hedge fund Kynikos Associates, went off on Tesla at the Sohn Conference in London. According to a source at the conference, Chanos joked that couldn't believe the...
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Here Are The 50 Stocks That Big Hedge Funds Love Most
FactSet has released its report on the 50 largest hedge funds and their holdings during the third quarter.These funds increased their exposure to stocks by 3.8% as the market extended its 5-year old...
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Chris Christie Has A Jeb Bush Problem
It appears that Governor Jeb Bush is revving up for 2016, and that's bad news for New Jersey Governor Chris Christie.It means Wall Street donors that might otherwise have thrown coins in Christie's...
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Another Win For Dan Loeb
Dan Loeb is having a great week. Dow Chemical and Loeb's hedge fund Third Point have just announced an agreement.Dow Chemical is now adding four independent directors to its board.Two of those new...
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TheStreet.com Made A Roast Of Bill Ackman And Screened It To Hundreds Of...
Hundreds of financial journalists spent their Friday evening at the "Financial Follies"—an annual black tie gathering at the Marriott Marquis in Times Square. The Follies, which is hosted by the New...
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3 Of John Paulson's Funds Made A List No Hedge Fund Wants To Make
Three of John Paulson's funds within his hedge fund, Paulson & Co., made HSBC's list of the worst-performing funds of 2014.Now that we're in November, you're going to start seeing a lot of...
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