38.71 F
New York City
February 23, 2020
Home » Hedge Funds

Hedge Funds

Reuters - Business

Buffett defends Berkshire stock push, reassures on future as profit smashes record

Reuters
NEW YORK (Reuters) – Warren Buffett on Saturday forcefully defended Berkshire Hathaway Inc’s (BRKa.N) decision to invest heavily in stocks of companies such as Apple Inc (AAPL.O) as he labors through a four-year drought since his last major acquisition of a company. Buffett, 89, also used his annual letter to......
Reuters - Business

Buffett calls for more accountability for corporate directors

Reuters
(Reuters) – Warren Buffett on Saturday called on corporate America to make their boards of directors more accountable to shareholders and less beholden to chief executive officers, perhaps by reducing their pay and requiring that they buy more stock. FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit......
Reuters - Business

Rising stocks fuel record profit for Buffett’s Berkshire; operating profit disappoints

Reuters
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Saturday posted a 23% decrease in quarterly operating profit, while soaring prices in stock holdings such as Apple Inc enabled the conglomerate to smash its old record for full-year earnings. FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall......
Reuters - Business

Buffett defends stock investments, which fueled record Berkshire profit

Reuters
NEW YORK (Reuters) – Warren Buffett on Saturday forcefully defended Berkshire Hathaway Inc’s decision to invest heavily in stocks of companies such as Apple Inc as he labors through a four-year drought since his last major acquisition of a company. FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the......
Reuters - Business

Buffett defends investments in stocks, which fueled record Berkshire profit

Reuters
NEW YORK (Reuters) – Warren Buffett on Saturday defended Berkshire Hathaway Inc’s decision to invest heavily in the stocks of companies such as Apple Inc, while giving new details about how Berkshire Hathaway is prepared for his death in an annual letter to shareholders posted on the company’s website. FILE......
Reuters - Business

Buffett defends investments in stocks, which fueled record Berkshire profit

Reuters
FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. REUTERS/Scott Morgan (Reuters) – Warren Buffett on Saturday defended Berkshire Hathaway Inc’s decision to invest......
Reuters - Business

Lawsuit in NY says ex-hedge fund manager Falcone reneged on loans, wrongly sold a Warhol

Reuters
NEW YORK (Reuters) – Former hedge fund manager Philip Falcone has been sued for more than $65.8 million after he allegedly defaulted on a series of loans and improperly sold some of the underlying collateral, including an Andy Warhol painting. FILE PHOTO: Philip Falcone, chief executive officer and chief investment......
Reuters - Business

King Dollar rules as virus threatens global growth

Reuters
NEW YORK (Reuters) – A powerful surge in the dollar threatens to magnify the pain for companies and nations already struggling with the economic fallout of the coronavirus. FILE PHOTO: U.S. dollar banknotes are seen through a printed stock graph in this illustration taken February 7, 2018. REUTERS/Dado Ruvic/Illustration/File Photo......
Reuters - Business

Amazon’s Bezos pledges $10 billion to climate change fight

Reuters
FILE PHOTO: Founder, Chairman, CEO and President of Amazon Jeff Bezos speaks during an event about Blue Origin’s space exploration plans in Washington, U.S., May 9, 2019. REUTERS/Clodagh Kilcoyne NEW YORK (Reuters) – Amazon Chief Executive Officer Jeff Bezos will commit $10 billion to fund scientists, activists, nonprofits and other......
Reuters - Business

Bridgewater, Viking among big hedge funds that added Tesla in fourth quarter before rally

Reuters
FILE PHOTO: A Tesla logo is seen at a groundbreaking ceremony of Tesla Shanghai Gigafactory in Shanghai, China January 7, 2019. REUTERS/Aly Song/File Photo NEW YORK (Reuters) – Billionaire Ray Dalio’s Bridgewater Associates, Viking Global Investors, and Granite Point Capital were among prominent hedge funds placing new bets on electric......
CNBC Business

Disgraced lawyer Michael Avenatti found guilty in Nike extortion trial

CNBC
CNBC – For more and to sign up click here Celebrity attorney Michael Avenatti walks out of a New York court house after a hearing in a case where he is accused of stealing $300,000 from a former client, adult-film actress Stormy Daniels on July 23, 2019 in New York......
Reuters - Business

SoftBank stock surges to seven-month high after judge OKs Sprint-T-Mobile merger

Reuters
TOKYO (Reuters) – SoftBank Group Corp (9984.T) stock surged to its highest price in over half a year in Tokyo on Wednesday, after a U.S. federal judge rejected an antitrust challenge to the proposed takeover of subsidiary Sprint Corp (S.N) by T-Mobile US Inc (TMUS.O). FILE PHOTO: People walk behind......
New York Post

Elliott Management amasses $2.5B stake in bruised SoftBank

NYPost
New York Post – For more and to sign up click here Hedge fund activist Paul Singer has a new target in his crosshairs: the massive investment firm behind WeWork’s bungled stock debut. Singer’s Elliott Management said it’s amassed a $2.5 billion stake in SoftBank, the Tokyo-based private equity firm......
Reuters - Business

Hedge fund Elliott Management builds $3 billion stake in SoftBank: sources

Reuters
NEW YORK (Reuters) – Hedge fund Elliott Management Corp, one of the world’s most powerful activist investors, has amassed a nearly $3 billion stake in SoftBank Group Corp and is pushing for changes to boost the Japanese conglomerate’s value, sources said. FILE PHOTO – The logo of SoftBank Group Corp......
Reuters - Business

Ackman’s Pershing Square exits Starbucks, sticks by Chipotle, sees gains at Agilent

Reuters
FILE PHOTO – William ‘Bill’ Ackman, CEO and Portfolio Manager of Pershing Square Capital Management, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan McDermid BOSTON (Reuters) – Investor William Ackman updated clients on his portfolio on Wednesday saying his Pershing Square Capital Management......
Reuters - Business

Intercontinental Exchange says it explored deal with eBay

Reuters
(Reuters) – Intercontinental Exchange Inc (ICE), the owner of the New York Stock Exchange, said on Tuesday it had approached e-commerce company eBay Inc to explore “a range of potential opportunities”. The German headquarters of online marketplace eBay is pictured at Europarc Dreilinden business park south of Berlin in Kleinmachnow,......
Reuters - Business

Hedge funds hold their nerve on China, seek opportunities

Reuters
SHANGHAI/NEW YORK (Reuters) – Hedge funds are holding their nerve on China’s ability to rebound quickly from a coronavirus outbreak that has rattled global markets, but many are also adding caveats as they try to predict the potential economic fallout. FILE PHOTO: A man wearing a protective mask is seen......
Reuters - Business

Starboard pressures eBay to sell classifieds business

Reuters
The German headquarters of online marketplace eBay is pictured at Europarc Dreilinden business park south of Berlin in Kleinmachnow, Germany, August 6, 2019. REUTERS/Fabrizio Bensch (Reuters) – Activist shareholder Starboard Value LP on Tuesday piled more pressure on eBay Inc (EBAY.O) to sell off its classifieds business, saying it had......
Reuters - Business

Utilities stocks trump other havens as virus fears spread

Reuters
NEW YORK (Reuters) – U.S. utilities stocks have outperformed other traditional havens in recent days, as worries over the spreading coronavirus epidemic sparked a rush to safety. FILE PHOTO: Utility linesmen work on power restoration in the aftermath of Hurricane Michael at Port St. Joe, Florida, U.S. October 12, 2018.......
CNBC Business

David Einhorn’s Greenlight Capital reveals short position on Netflix

CNBC
CNBC – For more and to sign up click here David Einhorn Andrew Harrer | Bloomberg | Getty Images Greenlight Capital’s David Einhorn, the successful short-seller whose returns have suffered as of late because of the bull market run, told clients in a letter on Tuesday that the hedge fund......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More