The Wall Street Journal: Einhorn’s Greenlight sees wave of investor redemptions
A wave of redemptions in recent months hit billionaire hedge-fund manager David Einhorn’s Greenlight Capital Inc., pushing its assets below $3 billion......»»
Hedge Fund and Insider Trading News: Stanley Druckenmiller, Aurelius Capital Management, Farallon Capital, Arrow Electronics, Inc. (ARW), Biglari Holdings Inc (BH), and More
Druckenmiller Protege’s Fund Hit by Investor Redemptions (The Wall Street Journal) PointState Capital LP was hit with about $1 billion in rede.....»»
Perspective: Institutional Investor Looks At David Einhorn And The Decline Of Value Investing
One of the most well-known hedge fund managers on Wall Street, Greenlight Capital’s David Einhorn, has hit a rough patch with .....»»
The Wall Street Journal: SoftBank investing $500 million in mortgage startup Better
SoftBank Group Corp. is investing $500 million in mortgage lender Better as the Japanese investing giant seeks to ride a wave of swelling startup valuations......»»
Hunter Biden Named ‘Investor Of The Year’ After Making A 3000% Return On Investment Into Colombian Cartels
The Wall Street Journal has named their Investor of The Year 9 months early, after releasing an article today detailing Hunter Biden’s amazing investment into the.....»»
Icahn Enterprises Hires Former GE M&A Head To Be New CEO
Billionaire investor Carl Icahn’s investment firm Icahn Enterprises (NASDAQ: IEP) has hired a former General Electric Co (NYSE: GE) executive as the company’s CEO, the Wall Street Journal read more.....»»
News Corp to buy Investor"s Business Daily for $275 million
News Corp announced Thursday a deal to buy Investor's Business Daily for $275 million from O'Neil Capital Management. News Corp is the parent company of MarketWatch and the Wall Street Journal publisher Dow Jones. Investor's Busin.....»»
The Wall Street Journal: U.S. sees Pfizer’s and other Western COVID-19 vaccines becoming latest target of Russian disinformation
One Russian claim: that the U.S. rushed the Pfizer-BioNTech vaccine through the regulatory process......»»
How the rich got richer: Reddit trading frenzy benefited Wall Street elite
Instead of heralding a new wave of investor populism, the rise and fall of GameStop’s stock may end up reinforcing what professional investors have known for a long time: Wall Street is very good at making money......»»
Legendary tech investor Bill Gurley will not be involved in Benchmark"s newest fund, ending a track record that lasted more than 20 years.
Getty/Steve Jennings Benchmark partner Bill Gurley, renowned for his early bets on Uber and Stitch Fix, will not be involved in the firm's latest fund. The Wall Street Journal's Yuliya Chernova and Rolfe Wi.....»»
Charlie Munger Says Berkshire Playing It Safe During Coronavirus; Outcome Of Crisis Could Be "A Different Kind Of Mess"
Billionaire investor Warren Buffett is prioritizing caution and safety during the coronavirus pandemic to best protect its investors, his right-hand man Charlie Munger told The Wall Street Journal in an interview. read more.....»»
News Corp sees hit to ad revenue from coronavirus pandemic
Rupert Murdoch's News Corp said on Monday its newspaper advertising revenue would take a hit from widespread business closures caused by the coronavirus outbreak, although paid digital subscriptions for the Wall Street Journal are rising......»»
The Wall Street Journal: Onetime hit app HQ Trivia resurrected by anonymous investor
The mobile quiz app HQ Trivia is coming back Sunday night thanks to an anonymous investor who provided the funding it needed to resume operations, according to a person familiar with the matter......»»
Activist investor Starboard prepares to take more seats on eBay"s board
Frustrated over eBay Inc.’s slow response to its demands, activist investor Starboard Value LP is reportedly making a move on the company board. The Wall Street Journal reports that Starboard has “privately nominated an additional minority slate of.....»»
Carl Icahn lifts stake in Occidental Petroleum to nearly 10%: WSJ
Activist investor Carl Icahn has increased his stake in Occidental Petroleum Corp to almost 10%, scaling up his fight to take control of the oil producer, the Wall Street Journal (WSJ) reported on Wednesday......»»
Starboard nominates minority slate of directors to eBay board: WSJ
Activist investor Starboard Value LP has nominated a minority slate of directors to eBay Inc's board, the Wall Street Journal reported on Wednesday, citing people familiar with the matter......»»
The Wall Street Journal: Buffett’s Berkshire stock underperforms the most since 2009
The 89-year-old Mr. Buffett, Berkshire’s chairman and chief executive, is renowned for his long-term success as a stock investor and deal maker. But in recent years, Berkshire’s stock performance has failed to beat the market......»»
Activist investor Elliott Management has built a more than $2.5 billion stake in SoftBank, the conglomerate behind WeWork
Reuters/ Steve Marcus Elliott Management Corp, run by Paul Singer, has built a more than $2.5 billion stake in SoftBank Group, The Wall Street Journal reported Thursday. The activist investor will push the Japane.....»»
The Wall Street Journal: Saudi Aramco adds $3.8 billion to its record IPO
Saudi Aramco said it netted an additional $3.8 billion from its record initial public offering as it sold more shares to meet investor demand, boosting Crown Prince Mohmmed bin Salman’s war chest to reshape the country’s oil-dependent economy......»»
The Wall Street Journal: Hospitals merged. Quality didn’t improve.
The quality of care at hospitals acquired during a recent wave of deal making got worse or stayed the same, new research found, a blow to a frequently cited rationale for tie-ups......»»
The Wall Street Journal: Boy Scouts tap former energy industry executive as CEO to navigate legal crisis
The Boy Scouts of America hired a former energy executive as chief executive, reaching for an external leader as the organization struggles to attract a new generation of youth and navigate a wave of sex-abuse lawsuits......»»