As short seller David Einhorn says, "No matter how bad you think it is, it's worse." That's proving true at Wells Fargo as former employees allege systematic whistleblower retaliation.
Billionaire David Einhorn made a great trade in Yelp as it tumbled and surged 100% in 2016. FORBES has screened for other internet and software stocks that could be the next Yelp.
It's - like - an island, you guys.
David Einhorn (Trades, Portfolio) demoted Michael Kors (NYSE:KORS) and Time Warner (NYSE:TWC) from the top five positions in his portfolio during the second quarter, favoring AerCap Holdings (NYSE:AER) and Consol Energy (NYSE:CNX). According to a letter out today, three holdings remained constant in his hedge fund, Greenlight Capital’s portfolio – gold, [...]
In his second quarter letter to investors, Greenlight Capital's David Einhorn disclosed that he is long Chemours. The stock is up 7% on the news. Andrew Left, the short seller from Citron Research whose questions brought Valeant Pharmaceuticals...Show More Summary
When short seller Andrew Left of Citron Research characterized DuPont spinoff Chemours as a company "purposely designed for bankruptcy" and "a zero," his comments sent the NYSE-listed company tumbling over 20%. After all, less than a year ago, Left caused an almost crippling investor stampede from Valeant Pharmaceuticals when he [...]
David Einhorn, founder of hedge fund Greenlight Capital, believes that Brexit means more monetary easing is on the way. And he explained this concept the same way he's been doing it for years — by talking about jelly donuts. "BrexitShow More Summary
Last quarter David Einhorn admitted that "it has been a while since we’ve had a profitable quarter to report", when he happily reported that in Q1 Greenlight returned 3%. Alas, fortune has turned again, and in his latest report we read...Show More Summary
BOSTON (Reuters) - Hedge fund manager David Einhorn told investors that he thinks performance chemicals company Chemours Co will see its earnings grow as prices for titanium dioxide (TiO2), used in the food and cosmetic industries, recover. Show More Summary
Greenlight Capital founder David Einhorn placed an interesting quote about Tesla a t the end of this second quarter investor letter. He said: "We believe that Tesla's most valuable asset may be the trust it has built with its providers of capital," - Adam Jonas (not one of the Jonas Brothers) Adam Jonas is Morgan Stanley's most colorful auto analyst. Show More Summary
BOSTON (Reuters) - Hedge fund manager David Einhorn told investors on Tuesday that his Greenlight Capital lost money on battered retailer Macy's Inc and exited the position roughly six months after getting in. "We sold Macy's for a loss...Show More Summary
Household hedge fund names such as Bill Ackman's Pershing Square ’s Bill Ackman, Daniel Loeb’s Third Point Capital and David Einhorn’s Greenlight Capital are nowhere to be found in the Barron's 2016 List of Best 100 hedge funds. Instead,...Show More Summary
A handful of high-profile hedge fund managers turned in mixed results last month, when the S&P 500 added 1.5%. Reuters’ Svea Herbst-Bayliss gathered up some non-public performance numbers from top managers. She reports that David Einhorn’s Greenlight Capital’s portfolio declined 1.9% in May, meaning that the fund is up 1.1% so far in 2016. Meanwhile, […]
Last week, Caterpillar (CAT) was the subject of a bearish call by Greenlight Capital’s David Einhorn, and Kynikos Associates agrees—along with many others, if short interest in the stock is any indication. Yet Caterpillar closed higher on Friday. Show More Summary