Adage Capital Management Boosted Its Stake In Warnaco Group Inc. $WRC
Phill Gross and Robert Atchinson’s Adage Capital Management reported 5.41% passive stake in Warnaco Group Inc. (WRC) today.
Author Archive - Bob Luochang Yu
Ardsley Partners Intends To Nominate Directors In Comverge Inc.
Philip Hempleman’s Ardsley Partners intends to nominate three directors in Comverge, Inc. (COMV), including Rudolf Joachim Hoefling, David R. Kuzma and James J.
Insider Trading: Coliseum Capital Management Sold Some $INSV
Coliseum Capital Management, managed by Christopher Shackelton and Adam Gray, yesterday filed for its insider transaction in Insite Vision Inc. (INSV).
Carlo Cannell’s Cannell Capital Reduced Its Passive Stake In Standard Register Co
Carlo Cannell’s Cannell Capital today filed 4.9% passive stake in Standard Register Co (SR).
Insider Trading: Philip Falcone’s Harbinger Capital Partners Bought 2,203 Shares In $SPB
Philip Falcone’s Harbinger Capital Partners reported yesterday for its insider transaction in Spectrum Brands Holdings, Inc. (SPB).
Chase Coleman’s Tiger Global May Lose $14 Million In Cablevision
Cablevision Systems Corp (CVC) slumps today after the company announced yesterday that its COO, Tom Rutledge, would resign from the management team.
Hedge Funds Make Big After Adobe Rises 6.84%
Adobe Systems Incorporated (ADBE) rises 6.84% on Friday at 11:57AM EST after the company reported its fourth quarter earnings.
Becker Drapkin Management Is Bullish About Pixelworks Inc.
Becker Drapkin Management disclosed on December 15th that it now has nearly 2.40 million shares in Pixelworks Inc.
Ken Griffin’s Citadel Investment Group Largely Raised Its Stake In Superior Energy Services $SPN
Ken Griffin’s Citadel Investment Group reported its 5.8% or 4.63 million shares passive stake in Superior Energy Services Inc (SPN) today.
Fir Tree’s New Launch, Einhorn Replaces CDS With Shorts, Boyer Allan Shuts Hedge Funds
The fund, offered by Fir Tree affiliate Camellia Advisors, raised $96 million starting Dec.
David Einhorn Replaces Credit Swaps With Shorts In Sovereign Debt
David Einhorn, founder and president of Greenlight Capital, one of the most successful long/short equity hedge fund managers of the past decade, replaces his credit default swaps...
Afternoon Aggregate News: Stocks Favored By Hedge Funds Fell More Than SPY, Gold Reverses Gains
Stocks favored by hedge funds fell more than the S&P 500 during the first three days of the week.
Lisa Rapuano’s Lane Five Capital Management Urges Ambassadors Group’s Board Election
Lisa Rapuano’s Lane Five Capital Management filing SEC 13D on December 14th to urge the Board of Directors of Ambassadors Group Inc.
D. E. Shaw Loses Big After InterMune Drops 18%
InterMune Inc. (ITMN) drops 18.64% at 2:05PM EST today.
Michael Platt: What’s Going On Now Is Significantly Worse Than 2008
Michael Platt, the founder of the $30 billion hedge fund BlueCrest Capital Management, spoke to Bloomberg TV today and shared his views on the European debt, banks, and opportunities...
Hedge Funds Gain Big Money In $DAL
Delta Air Lines Inc. (DAL) rises 7.85% at 12:32 PM EST today as Amex Airline Index adds 2.36% to 34.45 point.
Hedge Funds Make Big After $FDX Releases EPS Guidance
FedEx Corp (FDX) surges 6.55% on Thursday after the company released its third quarter, 2012 EPS guidance.
Julian Robertson’s Market Outlook: I Am Breathing Hard And Scared
Hedge fund legendary titan Julian Robertson, founder of Tiger Management, this morning talked his views about the market on CNBC. (more…)
Paulson’s Gold Plunges, LightSquared Disrupts Plane Safety, Marketer Pay Increases
The hedge-fund titan John Paulson, enduring the worst year in his career, may be facing a final blow from this month’s selloff in gold, an investment that mitigated losses at...
John Paulson to European Leaders ‘This is What to Do’
By John Paulson - The European sovereign credit markets are in a danger zone.
Kyle Bass’ December Letter To Investors: The Hidden Bank Run Across Europe
Kyle Bass, head of Hayman Capital Management, sent letter to his investors yesterday. He mainly explained the risks hidden in the banking system in Europe . (more…)
Hedge Funds Gain Big After $LCC Up 7.71%
US Airways Group Inc. (LCC) increased 7.71% on Wednesday after the company completed their transfer takeoff and landing rights at LaGuardia and Reagan National airports.
Jim Chanos Foresaw First Solar’s Collapse
First Solar Inc. (FSLR) declined nearly 20% after disclosing unexpectedly low sales figures in its FY 2012 guidance. The stock hit its 52-week low in the afternoon.
Afternoon Aggregate News: John Paulson Might Liquidate; Hedge Funds Long Gold, Short Robusta
Gold dropped about 3.5 percent on Wednesday as a technical sell-off, year-end fund liquidation and plunging commodities fueled bullion's second-worst rout since the 2008 economic...
The Ten Biggest Market Moments of 2011
Hedge fund managers played important roles in big market events in 2011.
Bandera Partners Reported 27.2% Activist Stake In Tandy Leather Factory $TLF
Bandera Partners, managed by Gregory Bylinsky, Jefferson Gramm and Andrew Shpiz, reported 27.2% activist stake in Tandy Leather Factory Inc. (TLF) on December 13th.
Dan Loeb’s Third Point Filed 13D After It Sent A Letter To Yahoo
Dan Loeb’s Third Point reported its 5.32% activist stake in Yahoo! Inc. (YHOO) on December 13th, after the firm sent a letter to Yahoo’s board of directors.
Bill Ackman’s Pershing Square Raised Stake In Canadian Pacific Railway $CP
Bill Ackman - Pershing Square reported on December 13th for a 14.2% activist stake in Canadian Pacific Railway Ltd (CP).
Fir Tree Sent A Letter To Chinacast Education, Requesting To Postpone Annual Meeting
Fir Tree discloses its letter to Chinacast Education Corp (CAST) today.
Kyle Bass On Europe: Prepare For The Default
Kyle Bass, founder of Hayman Capital Management, shared his opinions on Europe and Japan during an interview on BNN.
Hedge Funds Gain Big After $AVP Rises
Avon Products Inc. (AVP) soars after the company announces it will separate the roles of chairman and CEO in 2012.
These Hedge Funds Lost A Ton Of Money In $FSLR
First Solar Inc. (FSLR) declined nearly 20% after disclosing unexpectedly low sales figures in its FY 2012 guidance.
Pine River’s Steve Kuhn: Subprime Mortgages Are Cheap To Long-Term Investors
Securities that are backed by subprime home loans issued during the housing boom are worthwhile investments to institutional mortgage-bond buyers.
Afternoon Aggregate News: Morgan Stanley Settles MBIA, Hunter Global Closes, Falcone’s Deal
Morgan Stanley (MS) reached a settlement with MBIA Inc.
Dan Loeb’s Third Point Letter to Yahoo’s Board
Dan Loeb's Third Point demands release of Yahoo process letters to interested buyers and continues to oppose reported negotiations for "sweetheart" deal with private equity firms...
Steve Cohen Calls Insider Trading Rules “Very Vague”
Famous Hedge fund billionaire Steven Cohen, the founder of SAC Capital, one of the most followed hedge fund managers, said in a sworn testimony earlier this year and called the...
Philip Falcone’s Harbinger Group Enters Into A Purchase Instruction With Credit Suisse Securities, Selling $SPB
After Philip Falcone was investigated by the SEC, his Harbinger Group filed a SEC 13D and reported 53.1% activist stake in Spectrum Brands Holdings, Inc.
SEC Made Actions Against West End And Touradji
SEC recently made legal actions against West End Financial Advisors and Touradji Capital Management, according to a HFN report. (more…)
Hugh Hendry Makes Big Via His ‘China Short’ Fund
Hugh Hendry, who manages the Scottish hedge fund Eclectica Asset Management, makes over 52% profit in the year 2011 through his ‘China Short’ fund, according to a FT reports...
Hedge Funds Make Big After $URBN Surges 6.58%
Urban Outfitters, Inc. (URBN) surges 6.58% after the company disclosed a better-than-expected sales update.
Hedge Funds Lose Big After $BBY Drops 11%
Best Buy Co. (BBY) lost 11% to $25 at 11:40 AM EST today after the company reported its third quarter earnings.
Hedge Fund Performance In November
Hedge fund performance in November 2011 was more disappointing than any time since the bankruptcy of Lehman Brothers.
Elliott Associates Is Suing Vietnam-based Vinashin
New York-based hedge fund Elliott Associates is suing a Vietnam company Vinashin to court in the U.K. (more…)
Hedge Fund Redemptions, Dyal Buys CFM, MFA’s Q3 Costs, Zvi Goffer Insider Trading Case
Investors pulled $9 billion from hedge funds in October, more than triple September’s $2.59 billion total, according to the latest research from Barclay Hedge and TrimTabs Investment...
Martin Whitman’s Third Avenue Management Reported 2.65% Passive Stake In $KSWS
Martin Whitman’s Third Avenue Management filed a SEC 13G just now to disclose its 2.65%, or 730,188 shares passive stake in K Swiss Inc. (KSWS).
Rajaratnam Wins Back His Passport, Apartment And $2.5 Million Cash
Raj Rajaratnam, who was formerly sentenced to 11 years in prison for insider trading, can have his passport, his $17.2 million Manhattan apartment and $2.5 million cash back, ...
Afternoon Aggregate News: Hedge Fund Net Inflows, Oshkosh Blast Icahn.
Hedge funds ended the year on a high note, with positive net inflows of 1.55% in December, according to the GlobeOp Capital Movement Index.
