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Greenlight Capital's David Einhorn Takes Stake in Google
Thursday, February 14, 2013 - 5:48pm | 156Read More...According to his recent 13F, Greenlight Capital (David Einhorn's hedge fund) took a stake in Google (NASDAQ: GOOG) in the quarter ended December 31. Greenlight purchased 63,000 shares of the Internet giant. Shares of Google were little changed in after-hours trading. Einhorn is now pairing his...
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Tim Cook: Apple as Innovative as Ever
Tuesday, February 12, 2013 - 3:14pm | 292Read More...Tim Cook, Apple's (NASDAQ: AAPL) CEO, addressed Goldman Sach's (NYSE: GS) Tech Conference earlier Tuesday. Unfortunately for investors, Cook failed to announce any significant new measures such as increase of Apple's dividend or more share repurchases. He was also vague about the company's plans...
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Apple Sold More than 17 Million iPhones in America Last Quarter
Friday, February 8, 2013 - 12:48pm | 560Read More...Sprint (NYSE: S), Verizon (NYSE: VZ) and AT&T (NYSE: T) have sold a combined total of 17 million iPhones during the fourth quarter, besting their Q4 2011 sales by more than three million units. Sprint has set a new record for the company by activating approximately 2.2 million iPhones in the...
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Apple Responds to Einhorn's Call for Preferred Shares
Thursday, February 7, 2013 - 6:41pm | 171Read More...Right before the closing bell on Thursday, Apple (NASDAQ: AAPL) responded to calls from David Einhorn's Greenlight Capital to issued preferred shares to existing shareholders. Apple said it would "thoroughly evaluate Greenlight Capital's current proposal to issue some form of preferred stock" and...
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Einhorn Demands Apple Preferred Shares, Says Greenlight Now Holds More Apple Than Ever Before
Thursday, February 7, 2013 - 10:36am | 205Read More...Shares of Apple (NASDAQ: AAPL) were up more than two percent in pre-market action Thursday morning following some action from activist investor David Einhorn of Greenlight Capital. In a press release from Greenlight, Einhorn urged Apple holders to oppose management's Proposal 2, which would...
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Seagate Posts Strong Second Quarter, Down on Weak Guidance
Tuesday, January 29, 2013 - 12:50pm | 446Read More...Seagate Technology (NASDAQ: STX) posted better-than-expected results for the second fiscal quarter, topping analysts' expectations by eight percent. The Dublin, Ireland tech firm reports a quarterly EPS of $1.38. Analysts expected the company to come in at $1.28. For the quarter, Seagate...
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Einhorn's Iron Ore Short May Not be Going Well
Wednesday, January 23, 2013 - 3:40pm | 680Read More...In a letter to investors data January 22nd, David Einhorn's Greenlight Capital discloses a bearish view on iron stocks. The hedge fund says its bearish view on iron ore is "new" and that it has "shorted a number of stocks in the sector." New is a relative term in this instance as Einhorn was...
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Should Apple Investors Look to Einhorn for a Bailout?
Tuesday, January 15, 2013 - 11:33am | 239Read More...One of Apple's (NASDAQ: AAPL) most vocal supporters in recent months has been the hedge fund manager David Einhorn. As of its last filing in September, Einhorn's Greenlight Capital had over 12 percent of its money tied up in the Cupertino tech giant. Back in July, when Apple was trading near $600...
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Should Investors Avoid Einhorn's Tech Picks?
Thursday, December 27, 2012 - 11:24am | 421Read More...Investors trip over themselves to hear David Einhorn's stock picks, and for good reason. Yet, perhaps they would be better served to avoid some of his calls when it comes to the tech sector. As President of Greenlight Capital, David Einhorn has amassed a large fortune in a relatively short period...
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These Three Prominent Stocks Have Doubled in 2012
Thursday, December 20, 2012 - 8:29am | 984Read More...With the New Year closing in fast, now is a good time to take a look back at the year that was for the U.S. stock market. While it hasn't always been smooth sailing, stocks have performed very well in 2012. The market started out on fire at the beginning of the year before a sell-off which...
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Even The Pros Struggle With Gold Miners ETFs
Friday, November 30, 2012 - 4:31pm | 766Read More...A frequent point of frustration for investors during gold's multi-year bull market has been the inability of mining stocks and ETFs to keep pace with bullion. The statistics highlight that frustration. Over the past five years, the Market Vectors Gold Miners ETF (NYSE: GDX) is up just two percent...
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David Einhorn is Shorting Iron Ore
Wednesday, October 31, 2012 - 5:13pm | 825Read More...Hedge fund whiz David Einhorn gave a presentation at the Great Investor's Best Ideas investment symposium in Dallas on Tuesday. While the media was not allowed at the event, portfolio manager Leo Isaak reported on Einhorn's investment ideas via his Twitter feed. Other investment heavyweights that...
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Benzinga Market Primer, Wednesday, October 31
Wednesday, October 31, 2012 - 6:21am | 872Read More...U.S. equity futures rose in early Wednesday trading as the East Coast rebounds from the effects of Hurricane Sandy. Although it is great news that stock exchanges will reopen Wednesday, we here at Benzinga wanted to say that what is more important is that everyone hopefully ended up safe. To those...
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David Einhorn Moves the Markets at the Value Investing Congress
Tuesday, October 2, 2012 - 5:09pm | 822Read More...David Einhorn discussed four stocks during his presentation at Tuesday's Value Investing Congress in New York. The Greenlight Capital manager and noted short-seller gave his bearish thesis on Chipotle (NYSE: CMG) and Green Mountain Coffee Roasters (NASDAQ: GMCR) and told the audience why he liked...
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Previewing This Week's Value Investing Congress
Monday, October 1, 2012 - 7:05am | 861Read More...On Monday morning, the 8th annual New York Value Investing Congress will kick off at the Marriott Marquis in Times Square. The event, which CNBC described as the "Super Bowl of Value Investing," has become well-known for its market moving presentations from some of the best investors in the world....
















