Greenlight Capital

Goldcorp Inc. (NYSE: GG) shares are soaring today on heavy volume today. At last check, shares were up $1.90 to $53.60, a gain of 3.68%‎ on 4.6 million shares. Gold miners have been in the news recently, as David Einhorn of Greenlight Capital has said that gold miners are undervalued compared to...

Sprint Nextel (NYSE: S) reported third quarter earnings this morning, reporting a mixed bag, beating on the bottom line, and missing on the top line. Shares are off 4 percent today, but are off the lows of the session. The Kansas City-based company reported a third quarter loss of 10 cents per...

When David Einhorn announced that he was short Green Mountain Coffee Roasters (NASDAQ: GMCR) at the Value Investing Congress last week, investors shot first and asked questions later, sending shares down some 25%, before finally starting to recover today. Einhorn, of Greenlight Capital, said at...

At the Value Investing Congress, Greenlight Capital's David Einhorn came out with a scathing short thesis on Green Mountain Coffee Roasters (NASDAQ: GMCR). He essentially called the company an accounting fraud. Einhorn also said that the company does not deserve anywhere near the multiple it has...

David Einhorn of Greenlight Capital spoke at the Value Investing Congress earlier and he was negative on Green Mountain Coffee Roasters (NASDAQ: GMCR). He believes that Green Mountain is much more likely to earn $3.50 per share, as opposed to $9 per share that the bull case is based on. The...

According to New York Times sports reporter Richard Sandomir, the much maligned deal between hedge fund titan David Einhorn and the New York Mets is over. Here is a statement from the team, courtesy of ESPNNewYork. "The New York Mets' Owners announced today that their period of exclusive...

Currently third in the National League East, the New York Mets (58-57, 7.5 games out of wild-card lead) have something to look forward to besides next year. David Einhorn, President of Greenlight Capital (NASDAQ: GLRE), recently restructured an agreement with the New York Mets to help relieve...

According to MetsBlog, New York Mets owners Fred and Jeff Wilpon Wilpon may not be liable for the reported $1 billion that Madoff trustee Irving Picard was seeking from the owners. Instead, only the profits earned are being sought as part of the clawback, and this number is around $300 million....

According to tweets from ESPN New York's Adam Rubin and SI's Jon Heyman, Grenlight Capital's David Einhorn has been approved as minority owner of the New York Mets. There was some holds up in the deal, which was supposed to be completed by June 30, but now it looks as if Einhorn is set to become a...

In news first heard from ZeroHedge, hedge fund honcho David Einhorn and his firm Greenlight Capital have exited their stake in Yahoo (NASDAQ: YHOO), as the investment thesis changed shortly after initiating the position. According to the letter from Greenlight: "The Partnerships bought Yahoo! (...

According to ESPNNewYork's Adam Rubin, the sale of a minority stake in the New York Mets to Greenlight Capital's David Einhorn is still progressing but unlikely to close until August. According to the source, the two sides are moving towards a deal despite the exclusive window expiring. "Things...

The St. Joe Company (NYSE: JOE) is plunging today, down more than 7% after the company disclosed that the SEC has started a formal investigation of the company, as well as chairman Bruce Berkowitz's Fairholme Capital. The SEC is looking into whether the company on a variety of issues. The issues...

This morning, news came out that Baidu Inc. (NASDAQ: BIDU) is going to use Microsoft's (NASDAQ: MSFT) Bing for some English-language results as Microsoft is trying to expand its share of the Chinese search market. With the largest population of Internet users on earth, China's search market is...

After news hit in late May that hedge fund honcho David Einhorn was in talks to buy a minority portion of the New York Mets, everyone believed the deal would get done relatively easy and soon. Not so, according to the New York Post. The deal was supposed to get done by yesterday, but it appears...

Here are comments from the Wilpons discussing the sale to David Einhorn of Greenlight Capital. Einhorn is buying approximately 49% of the team for $200 million.