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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......»»

Category: topSource: marketwatchJan 23rd, 2019

The Wall Street Journal: Trump ally Thiel has advised Facebook’s Zuckerberg not to bar or vet political ads

PayPal founder Peter Thiel is an investor in and board member at the social-networking company......»»

Category: topSource: marketwatchDec 17th, 2019

Billionaire Steve Cohen looks to buy majority stake in New York Mets

Hedge-fund manager Steve Cohen is about to buy a majority stake in the New York Mets. According to The Wall Street Journal, the billionaire investor is increasing his current stake in the major league ball club. However, current Mets owners — F.....»»

Category: topSource: bizjournalsDec 4th, 2019

The Wall Street Journal: Alibaba closes $13 billion Hong Kong share sale early

Alibaba Group Holding Ltd. stopped collecting orders early for its roughly $13 billion Hong Kong stock sale due to strong investor demand for its shares, according to people familiar with the matter......»»

Category: topSource: marketwatchNov 19th, 2019

Icahn pushes for HP merger with Xerox: WSJ

Activist investor Carl Icahn has taken a stake in HP Inc and is pushing for the personal computer maker's merger with printer maker Xerox Corp, arguing that a union could yield big profits for investors, according to the Wall Street Journal......»»

Category: topSource: reutersNov 14th, 2019

Icahn reveals stake in HP, says merger with Xerox is "no brainer"

Activist investor Carl Icahn has taken a 4.24 percent stake in Palo Alto-based PC and printer maker HP Inc. and is pushing for its $33 billion merger with Xerox Corp., the Wall Street Journal reports. Icahn's HP stake, valued at roughly $1.2 billion,.....»»

Category: topSource: bizjournalsNov 14th, 2019

The Wall Street Journal: Xerox-HP merger is ‘a no-brainer,’ says Carl Icahn

Activist investor Carl Icahn is pushing for the proposed union of Xerox Holdings Corp. and HP Inc., arguing that a combination of the printer makers could yield big profits for investors......»»

Category: topSource: marketwatchNov 14th, 2019

Icahn pushes for Xerox-HP merger: WSJ

Activist investor Carl Icahn is pushing for the proposed merger of Xerox Corp and HP Inc , arguing that a union of the printer makers could make big profits for investors, the Wall Street Journal reported on Wednesday......»»

Category: topSource: reutersNov 13th, 2019

Hedge Fund and Insider Trading News: Jeffrey Vinik, Leon Cooperman, Paul Tudor Jones, Avenue Capital, PPL Corp (PPL), Destination XL Group Inc (DXLG), and More

Billionaire Stock Picker Jeffrey Vinik to Shut Down Hedge Fund (The Wall Street Journal) Billionaire investor Jeffrey Vinik said he is closin.....»»

Category: topSource: insidermonkeyOct 23rd, 2019

WeWork looks to SoftBank for emergency funding

WeWork could be gearing up for a complete takeover by its main investor, SoftBank Group Corp. According to The Wall Street Journal, the New York-based office space company is in need of emergency-financing, and a deal with Masayoshi Son's Tokyo-based c.....»»

Category: topSource: bizjournalsOct 21st, 2019

The Wall Street Journal: Activist investor that shook up CSX sells most of its stake

The activist that shook up CSX Corp. has wound down most of its investment in the railroad operator, marking an end to a three-year saga that helped spur a massive overhaul of the U.S. railroad industry......»»

Category: topSource: marketwatchOct 21st, 2019

The Wall Street Journal: WeWork parent may drop IPO value below $20 billion amid investor skepticism

WeWork’s parent is eyeing a valuation for its initial public offering that could fall below $20 billion as some existing investors push the workspace company to shelve the planned offering, people familiar with the matter said......»»

Category: topSource: marketwatchSep 8th, 2019

The Wall Street Journal: Trump ally sought Saudi funds as he lobbied for nuclear deal, House report finds

Tom Barrack, an equity investor and a close ally of President Donald Trump, sought Saudi government funding in a bid to buy ailing U.S. nuclear reactor builder Westinghouse, according to a House report......»»

Category: topSource: marketwatchJul 29th, 2019

The Wall Street Journal: Carl Icahn seeks to oust 4 Occidental board members

Billionaire investor Carl Icahn is seeking to replace four directors at Occidental Petroleum Corp., saying the company’s board mismanaged its $38 billion deal to buy Anadarko Petroleum Corp......»»

Category: topSource: marketwatchJun 26th, 2019

The Wall Street Journal: Activist investor Ackman says he opposes United Technologies-Raytheon deal

William Ackman, a big United Technologies Corp. shareholder who earlier pushed the industrial giant to streamline its business, is now urging the company to call off its planned megamerger with Raytheon Co., which he says makes no strategic sense......»»

Category: topSource: marketwatchJun 11th, 2019

The Wall Street Journal: Carl Icahn sues Occidental over ‘hugely overpriced’ Anadarko deal

Activist investor Carl Icahn sued Occidental Petroleum Corp. Thursday, calling its $38 billion deal to buy Anadarko Petroleum Corp. “fundamentally misguided” and saying a sale of Occidental might be better for shareholders......»»

Category: topSource: marketwatchMay 30th, 2019

OP"s Creative Planning severs ties with self-help guru

Overland Park-based Creative Planning Inc. is severing ties with self-help guru Tony Robbins.  Robbins joined the $38 billion registered investment advisor in March 2016 and most recently was chief investor of psychology, The Wall Street Journal r.....»»

Category: topSource: bizjournalsMay 29th, 2019

The Wall Street Journal: PG&E tweaks board to appease activist investor’s challenge

PG&E Corp. on Monday settled a dispute with an activist investor by restructuring its board to include another director with utility experience, and adding a safety specialist to advise its chief executive......»»

Category: topSource: marketwatchApr 22nd, 2019

Carl Icahn sold his Lyft shares to a fellow billionaire before IPO, report says

Immediately prior to Lyft Inc.'s initial public offering last week, activist investor Carl Icahn sold his 2.7 percent stake in the company to a fellow billionaire, according to a report. The Wall Street Journal reported that Icahn sold his stake,.....»»

Category: topSource: bizjournalsApr 4th, 2019

Carl Icahn sold Lyft stake to Soros prior to IPO: WSJ

Billionaire investor Carl Icahn sold his roughly 2.7 percent stake in Lyft Inc to investor George Soros ahead of the ride-hailing company's initial public offering, the Wall Street Journal reported on Wednesday, citing sources......»»

Category: topSource: reutersApr 3rd, 2019

Carl Icahn sold Lyft stake prior to IPO: WSJ

Billionaire investor Carl Icahn sold his roughly 2.7 percent stake in Lyft Inc ahead of the ride-hailing company's initial public offering, the Wall Street Journal reported, citing sources......»»

Category: topSource: reutersApr 3rd, 2019