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Herbalife Soars As Pyramid Scheme Lawsuit Is Dismissed
Wednesday, March 18, 2015 - 11:55am | 234Read More...A U.S. District Judge said that a group of shareholders led by pension funds did not show that questions raised about Herbalife Ltd.'s (NYSE: HLF) business practices concluded that the company fraudulently inflated its stock price. Herbalife shares were up more than 11 percent Wednesday...
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Greenlight Capital Buys Yahoo!, Trims Apple, Sells BP in Q4
Saturday, February 14, 2015 - 8:53pm | 888Read More...In the hedge fund’s latest 13-F filing, the David Einhorn-founded Greenlight Capital disclosed changes to its holdings that occurred during Q4 of 2014. Here’s a list of some of the moves the fund made to its largest positions during the quarter. Buys Acquired position in...
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Highlights From Greenlight Capital's Q4 Letter To Investors
Tuesday, January 20, 2015 - 4:24pm | 514Read More...David Einhorn’s Greenlight Capital issued its Q4 letter to investors Tuesday and disclosed new long positions in Time Warner Inc (NYSE: TWX), Citizens Financial Group Inc (NYSE: CFG), Keysight Technologies Inc (NYSE: KEYS) and CIGNA Corporation (NYSE: CI). A new short position was...
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David Einhorn Reveals Portfolio In 13F Filing
Saturday, November 15, 2014 - 11:01am | 419Read More...Investors get a chance to look at David Einhorn's portfolio with his latest 13F filing. His fund, Greenlight Capital, took on 10 new positions and exited four since the second quarter filing. Investors should keep in mind that data is from September 30, approximately six weeks ago. New...
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Dow, S&P 500 Close At Record Highs
Wednesday, November 5, 2014 - 6:04pm | 859Read More...U.S. stocks were mostly higher after Republicans took control of the Senate after Tuesday's elections as the Dow Jones Industrial Average (INDEXDJX: .DJI) and S&P 500 (INDEXSP: .INX) both closed at historical all-time highs. "Congress will pass some bills I cannot sign; I'm...
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Hedge Fund Guru David Einhorn Posts 4% Loss For Q3
Wednesday, November 5, 2014 - 2:11pm | 291Read More...Hedge fund guru David Einhorn's Green Light Capital posted a third-quarter loss of nearly 4 percent Wednesday versus a 0.6 percent gain for the S&P 500 and more than 5 percent for the NASDAQ 100. The 45-year-old billionaire blamed much of his less-than-stellar performance on misplaced...
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David Einhorn Plugs Sunedison, TerraForm Power
Monday, October 20, 2014 - 12:57pm | 178Read More...Sunedison Inc (NYSE: SUNE) shares got a plug from activist investor David Einhorn at an investors conference Friday, according to several news reports. The conference, sponsored by New York's \anti-poverty charity called the Robin Hood Foundation, is closed to reporters but frequently...
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David Einhorn To Reopen Greenlight Capital
Monday, October 20, 2014 - 12:11pm | 62Read More...In a report Friday from Bloomberg, David Einhorn plans to re-open Greenlight Capital for the first time in two years, with the fund looking to take advantage of opportunities presented by the recent market turmoil. The fund will open to existing investors November 1 and to new clients on...
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Civeo Corp. Down After Hours; Einhorn Seeks CEO Ouster
Thursday, October 9, 2014 - 5:32pm | 137Read More...Civeo Corp. (NYSE: CVEO) shares fell in the extended session Wednesday after an activist investor boosted his stake to nearly 10 percent and pushed for the ouster of the company's chief executive. The investor, David Einhorn of Greenlight Capital, said Civeo Chief Executive Bradley Dodson has lost...
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LinkedIn Drops On Rumor Einhorn Is Shorting Shares
Tuesday, August 19, 2014 - 11:11am | 157Read More...LinkedIn (NYSE: LNKD) dipped as much as two percent Tuesday on a rumor that noted short-seller David Einhorn had taken a short position in the company. LinkedIn shares are up 36 percent in the past month and recently beat second-quarter expectations by a significant margin. But its shares are...
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Einhorn Discloses Stakes In Time & 5 Other Companies
Friday, August 15, 2014 - 4:28pm | 230Read More...Time (NYSE: TIME) shares picked up two percent in value Friday in perhaps the biggest intraday mover on a list of newly-established positions of activist investor David Einhorn. The hedge fund Greenlight Capital managed by Einhorn disclosed that during the second quarter it had acquired 3.35...
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Why You Should Pay Attention To 13F Filings
Thursday, August 14, 2014 - 3:13pm | 497Read More...Investors are eagerly awaiting second quarter 13F filings to get a peak at which stocks Wall Street’s most prominent hedge funds are betting on. The 13F is a quarterly filing that funds with more than $100 million in assets are required to publish.The report shows which securities the...
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David Einhorn's Hedge Fund Sells Off Shares Of Rite Aid
Monday, July 28, 2014 - 12:16pm | 45Read More...Shares of Rite Aid (NYSE: RAD) are trading lower by 4.6 percent after activist trader David Einhorn announced his hedge fund, Greenlight Capital, has sold its position of 6,608,754 shares in its latest 13F filing.
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BioFuel Energy Gets Final Confirmation Of Einhorn Deal; Shares Shoot Up
Wednesday, July 16, 2014 - 11:37am | 183Read More...BioFuel Energy (NASDAQ: BIOF) shares jumped as much as nine percent Wednesday morning after confirmation that investor David Einhorn's Green Light Capital will fully participate in an upcoming rights offering. The offering is key to a $275 million cash and stock deal in which Einhorn will...
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5 Minimal Peter Cundill-Like Moves For Your Portfolio
Tuesday, July 15, 2014 - 4:47pm | 931Read More...Have you read the book There's Always Something to Do by Christopher Russo-Gill? If not, it should move right to the top of your summer reading list. It is the accumulated reflections of Peter Cundill. A Canadian value investor, Cundill used the Graham Deep Value Approach to...




