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Market Wrap for Friday, May 16: Stocks Rally Out Of Thursday's Valley
Friday, May 16, 2014 - 5:01pm | 717Read More...A late day rally led markets higher to recover some value lost during Thursday’s sell off. Major Indexes The Dow Jones Industrial Average rose surged 44.5 points, or 0.27 percent to close at 16,491. The S&P 500 added 7.01 points, or 0.37 percent to close at 1,878. The Nasdaq rose 21....
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Listening To The Smart Guys: Be Cautious
Friday, May 16, 2014 - 2:37pm | 861Read More...Hedge fund manager David Tepper shook up the markets this week when he announced at the SALT Conference in Las Vegas that he was nervous about the market. Tepper told attendees, in a shot heard round the world thanks to the Internet, that this was a pretty good time to hold some cash. In his...
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Dan Loeb Sells Blackberry, Apple, Yahoo; Adds Other Tech Companies
Friday, May 16, 2014 - 12:12pm | 527Read More...Thursday was the day for hedge fund managers to announce their updated holdings. As usual, Dan Loeb was a top name to watch. Top Picks Dan Loeb’s Third Point Capital fund opened a substantial 3.5 million share position in H&R Block (NYSE: HRB). Despite Loeb opening a $105.7 million...
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Warren Buffett Reveals His Latest Gems In 13F
Thursday, May 15, 2014 - 7:34pm | 444Read More...Whale watchers across Wall Street tuned into the SEC's EDGAR website Thursday afternoon, and -- as always -- Warren Buffett is the highlight. Traders are adjusting their positions in Verizon, GM and Philips 66 based on the Oracle of Omaha's most recent 13F filing. The biggest position Buffett...
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Wall Street Gears Up For 13F Filings
Thursday, May 15, 2014 - 1:47pm | 412Read More...Traders on Wall Street will be whale watching on Thursday, as 13F filings from the likes of high-profile players such as Warren Buffett, Bill Ackman and David Tepper will be hitting the newswires. A 13F is an SEC-required document that all institutional investment managers with over $100...
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Shrinking Capacity And Lower Industrial Production Cause Pause For Concern
Thursday, May 15, 2014 - 9:44am | 168Read More...Appaloosa Management founder David Tepper is "nervous" about the US economic recovery. Jason Raznick's Tumblr over the weekend highlighted a plethora of charts that offer good reason for long-term bulls to be concerned. Fresh data Thursday morning on Capacity and Production levels lack the...
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Wal-Mart's Thursday Morning Data Sets Negative Tone For Retailers
Thursday, May 15, 2014 - 9:14am | 519Read More...Joel Elconin and Dennis Dick discussed on Thursday's Benzinga's #PreMarket Prep the disappointing earnings from Wal-Mart (NYSE: WMT) before the day's open. Wal-Mart disappointed with a top and bottom line miss, trading down more than $2 in the pre-market. The movement Thursday...
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Market Wrap For December 5: Market Participants Anxiously Await Tomorrow's Employment Report
Thursday, December 5, 2013 - 6:00pm | 2246Read More...Stock futures pointed to a lower open following premarket data revealing that the U.S. economy and job market are improving faster and stronger than expected. Selling began at the bell and continued for the entire day as major indices failed to hold on to any rallying gains. Investors and...
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Here Are 14 Yearbook Photos of Business Big Shots
Wednesday, May 22, 2013 - 12:19pm | 95Read More...When we think of the business titans of our age, we often associate their likeness with private jets, cash flows in the millions, intense board room meetings and bold leadership. Yet, the humble beginnings of the CEOs, co-founders and chairmen of some of America's top companies are often...
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Summary of 13F from Tepper's Appaloosa
Wednesday, May 15, 2013 - 6:09pm | 923Read More...Tepper's Appaloosa Management releases 13F: David Tepper's Appaloosa Management released its 13F earlier and saw a slight increase in its value from $4.61billion to $4.71 billion. (All units are in millions of shares) Raised: • Broadcom (NASDAQ: BRCM) from 3.42 to 3.62 • Celanese (NYSE: CE)...
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Mike Novogratz Says Fed Is Feeling Fat, Dumb And Happy
Wednesday, May 15, 2013 - 11:10am | 358Read More...Mike Novogratz, president of Fortress Investment Group (NYSE: FIG) and former Goldman Sachs (NYSE: GS) partner, appeared on CNBC's Squawk Box on Wednesday, where he had much to say about the possibility of the Federal Reserve tapering. Novogratz was on the day after the Founder and President of...
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Appaloosa Management's David Tepper On Fed Tapering
Tuesday, May 14, 2013 - 1:20pm | 697Read More...The master of hedge funds, Founder and President of Appaloosa Management David Tepper, sat in on CNBC's Squawk Box for part of Tuesday morning. While on, he gave his outlook on the market and addressed the growing worries around the Federal Reserve tapering back. "I'm definitely bullish. I mean...
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2013 Market Predictions From 10 Top Money Managers
Friday, February 15, 2013 - 4:17pm | 1154Read More...The stock market has had a solid start to 2013, but what do investors see for the rest of the year? Plenty of money managers prefer to keep their views private, but a few don't mind making public predictions. As most of these investors manage billions of dollars, their expectations for the market...
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13-F Alert: Tepper's Appaloosa Management Adds to Apple; Buys Freeport and Transocean, Sells Macy's and JetBlue
Thursday, February 14, 2013 - 9:31pm | 333Read More...David Tepper's hedge fund Appaloosa Management released its 13-F filing on Thursday, after the market closed, detailing the firms long equity positions as of December 31, 2012. Appaloosa, like many of its hedge fund counterparts, has a large position in American International Group (NYSE: AIG),...
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Bridgewater's Ray Dalio at the World Economic Forum in Davos: Liquidity Will Flow into Risk Assets
Tuesday, January 29, 2013 - 10:07am | 966Read More...Last Friday, Ray Dalio, one of the world's foremost investors, participated in a Bloomberg debate at the World Economic Forum in Davos, Switzerland. While most of Wall Street was focused on the epic verbal throw-down between Carl Icahn and Bill Ackman, which occurred live on CNBC, Dalio's...













