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David Einhorn Goes Activist On Sunedison, Is Officially Seeking A Board Seat
Monday, January 25, 2016 - 6:46pm | 284Read More...Sunedison Inc (NYSE: SUNE) shares are up 2 percent on Monday after-hours, after a 2.6 percent rise during the day's regular session. Hedge fund manager David Einhorn of Greenlight Capital revealed, in a new 13D filing, a 6.8 percent stake in the renewable energy company. Einhorn now holds...
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SunEdison Shares Higher Following Report Activist David Einhorn Could Get Board Seat
Monday, January 25, 2016 - 10:32am | 165Read More...Shares of Sunedison Inc (NYSE: SUNE) were trading higher by more than 10 percent at $2.91 heading into Monday's opening bell. Investors and traders were likely encouraged by the Wall Street Journal's report that David Einhorn's Greenlight Capital will be given a seat a SunEdison's board of...
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A Look Into David Einhorn's Q4 Letter To Greenlight Investors
Tuesday, January 19, 2016 - 2:11pm | 482Read More...David Einhorn's Greenlight Capital released a letter to the fund's shareholders on Tuesday. Here is a brief summary of some of the notable highlights. Macy's: 'Math Might Make More Sense' Shares of Macy's Inc. (NYSE: M) were trading higher by nearly 4 percent early...
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These Three Stocks Destroyed David Einhorn's 2015
Tuesday, January 19, 2016 - 1:39pm | 367Read More...It's no secret David Einhorn had a poor 2015. According to a new investor letter from Einhorn's Greenlight Capital, the hedge fund lost 20.2 percent in 2015, down 3.8 percent in the fourth quarter. The fund's annualized return since its 1996 inception is now 16.5 percent. While...
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Here's Why David Einhorn Said 'Frack Me' At Robin Hood Conference
Thursday, November 19, 2015 - 11:36am | 496Read More...David Einhorn has been adding to Greenlight Capital’s stake in CONSOL Energy Inc. (NYSE: CNX) as the stock's share price has fallen 80 percent in the past year. Einhorn argues that the decline of coal does not mean that it is going away anytime soon. Einhorn’s DCF analysis...
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David Einhorn Discusses His Q3 Performance And New Long Positions In UIL Holdings, Michael Kors
Thursday, October 22, 2015 - 2:30pm | 543Read More...David Einhorn's hedge fund Greenlight Capital released a letter to its investors on Wednesday. The fund returned (14.3) percent, net of fees and expenses, in the third quarter, bringing its year-to-date return to (17.1) percent. The fund added two "medium-sized new long ideas": Michael Kors...
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David Einhorn: Micron Will Be Worth More Than Netflix, Intuitive Surgical Short Covered, Apple Still No. 1
Monday, July 13, 2015 - 3:54pm | 868Read More...David Einhorn and Greenlight Capital's second quarter letter is out. Below are the highlights. Netflix: 'Apparently Red Ink Is The New Black' Netflix, Inc. (NASDAQ: NFLX) reported GAAP earnings per share of $0.38 ($0.77 adjusted) versus $0.69 estimates in the first quarter, but...
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General Motors Buyback Plan Attracts Einhorn's Greenlight Capital
Monday, April 20, 2015 - 3:31pm | 297Read More...General Motors Company (NYSE: GM)'s plan to buy back $5 billion in shares helped convince hedge fund manager David Einhorn to take a renewed stake in the automaker. Einhorn's Greenlight Capital Fund outlined the new stake in a letter to shareholders Monday that acknowledged Greenlight...
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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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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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Dan Nathan Sees Unusual Options Activity In Sunedison Inc
Wednesday, September 24, 2014 - 7:53pm | 176Read More...CNBC Options Action's Dan Nathan analyzed on the show trading activity in Sunedison Inc (NYSE: SUNE) after the stock spiked 5.08 percent on rumors that it could be a takeover target. Nathan explained that when the rumors came out, the stock traded almost 11 percent higher from its previous close,...
