Berkshire’s India Deal is So Wrong it’s Right (BreakingViews.com)
Warren Buffett’s company is taking a small stake in digital-payments firm Paytm. Indian tech doesn’t fit the Omaha sage’s playbook, but his outfit has $110 bln in cash and holdings like Kraft Heinz are flatlining. Letting his lieutenants place some bets on the future makes sense.
Hoffman: Musk’s Days as Tesla CEO are Numbered (Cheddar.com)
After Tesla CEO Elon Musk backtracked on his plans to take the company private, Gabe Hoffman, founder of hedge fund Accipiter Capital Management, said Musk will be out of a job. Hoffman explains why he believes Musk’s claim of “funding secured” was fraud.
Luis Louro / shutterstock.com
Global Additive Manufacturing & Materials Market 2018-2023: CAGR to Grow at 26.86% – ResearchAndMarkets.com (BusinessWire.com)
General Electric Co announced that it would raise its stake in Swedish 3D printer maker Arcam AB ARCM.ST to around 95 percent from 77 percent after buying shares from hedge funds Elliott and Polygon. GE said it would buy Elliott Management and Polygon Investment Group’s outstanding shares for 345 Swedish crowns (USD 41.44) each. GE also said it planned to acquire all remaining shares of Arcam in a compulsory buyout procedure and to request that the company delist its shares from the Nasdaq Stockholm exchange. Activist Elliott built a 10 percent stake in Arcam in October 2016 after GE announced an initial tender for the 3D printer maker, which the hedge fund rejected.
Och-Ziff: A Global Bet on Alternative Assets (MoneyShow.com)
Och-Ziff Capital Management Group (OZM) is one of the largest institutional alternative asset managers in the world, with offices in New York, London, Hong Kong, Mumbai, Beijing, Shanghai and Houston, notes David Fried, a specialist in stocks undergoing buybacks and shares repurchases and editor of the aptly named, The Buyback Letter. They provide asset management services to investors globally through multi-strategy funds, dedicated credit funds, including opportunistic credit funds and Institutional Credit Strategies products, real estate funds and other alternative investment vehicles.
Insider Buying: American Midstream Partners LP (NYSE:AMID) Insider Buys 597,728 Shares of Stock (FairFieldCurrent.com)
American Midstream Partners LP (NYSE:AMID) insider Arclight Energy Partners Fund bought 597,728 shares of the business’s stock in a transaction dated Wednesday, August 15th. The shares were purchased at an average price of $6.16 per share, for a total transaction of $3,682,004.48. The purchase was disclosed in a document filed with the SEC.
Insider Buying: Liquidia Technologies Inc (LQDA) Major Shareholder Buys 727,273 Shares of Stock (BaseBallDailyDigest.com)
Liquidia Technologies Inc (NASDAQ:LQDA) major shareholder Viii Lp Canaan bought 727,273 shares of the company’s stock in a transaction dated Monday, July 30th. The stock was bought at an average cost of $11.00 per share, with a total value of $8,000,003.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission.
Insider Buying: KemPharm Inc (KMPH) Major Shareholder Buys 304,283 Shares of Stock (PressOracle.com)
KemPharm Inc (NASDAQ:KMPH) major shareholder Delaware Street Capital Master acquired 304,283 shares of KemPharm stock in a transaction that occurred on Monday, July 30th. The shares were purchased at an average cost of $4.00 per share, for a total transaction of $1,217,132.00. The transaction was disclosed in a legal filing with the SEC.
Insider Buying: Insignia Systems, Inc. (ISIG) Major Shareholder Purchases 25,000 Shares of Stock (MareaInformativa.com)
Insignia Systems, Inc. (NASDAQ:ISIG) major shareholder Air T. Inc acquired 25,000 shares of the business’s stock in a transaction on Thursday, August 9th. The stock was purchased at an average cost of $1.90 per share, with a total value of $47,500.00. The acquisition was disclosed in a legal filing with the SEC.
Insider Buying: New Age Beverages Corp (NBEV) Director Purchases $128,000.00 in Stock (FairFieldCurrent.com)
New Age Beverages Corp (NASDAQ:NBEV) Director Robert J. Evans bought 100,000 shares of New Age Beverages stock in a transaction dated Friday, August 24th. The stock was acquired at an average price of $1.28 per share, for a total transaction of $128,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission.
