At General Motors' annual shareholder meeting on Tuesday, a proposal from Greenlight Capital to split the carmaker's stock into two classes and replace three directors on the board was shot down. Greenlight's David Einhorn has been pushing...Show More Summary
GM shareholders rejected Einhorn’s dual-class common stock structure with 91% of the votes cast against the proposal. The shares cast by Einhorn’s hedge fund were just about the only votes supporting the dual-class idea—96% of the non-Greenlight votes cast rejected Einhorn’s proposal.
Greenlight Capital's and General Motors' proxy battle finally comes to an end.
At General Motors' annual shareholder meeting on Tuesday a radical plan from Greenlight Capital, a hedge fund overseen by David Einhorn, was voted down. Greenlight, which controls more than 3% of GM's shares, wanted to split the stock...Show More Summary
It's not easy being a visionary.
What Greenlight Capital's co-founder discussed with David Westin on Bloomberg TV Friday morning.
Tesla stock is hitting record highs, but David Einhorn isn't buying it. The investor famous for a long history of high returns is currently shorting, or betting against, shares of Tesla. This hasn't been good for returns at his firmShow More Summary
Two advisory firms have sided with the automaker over a proposal from billionaire David Einhorn.
Two advisory services recommend voting against Greenlight's proposal. Greenlight Capital's David Einhorn writes another letter to GM shareholders.
Greenlight Capital's David Einhorn has been waging a battle ahead of General Motors' annual shareholder meeting to split the company's stock into two classes. The hedge funder, who controls over 3% of GM in total, wants dividend-paying...Show More Summary
Perhaps this is one of those ideas that will be appreciated only posthumously.
David Einhorn’s Greenlight Capital continued its campaign to win seats on General Motor’s (GM) board at the June 6 annual meeting.
Hedge fund managers everywhere are spitting out pips.
General Motors will hold its annual meeting on June 6, when shareholders will get to vote on Greenlight Capital's dual-class share proposal. David Einhorn's firm just released a new presentation highlighting its key points.
Between General Motors' management and board of directors and activist hedge fund Greenlight Capital, the battle lines have now been clearly drawn going into GM's shareholder meeting early next month. Greenlight's David Einhorn, whoShow More Summary
•Tesla opened up orders for its Solar Roof product on Wednesday. ELON MUSK: Tesla is beginning solar roof orders today Tesla shares have been booming — but another automaker has been doing even better David Einhorn may be trapped in a terrible paired trade Read more... Permalink | Email this | Linking Blogs | Comments
David Einhorn, the billionaire founder of hedge fund Greenlight Capital, presented his short thesis for oil and gas services company Core Laboratories on Monday. You can check out the full presentation, which was delivered at the Sohn...Show More Summary
Someone thought the Sohn Investment Conference was trying out a Bachelor rose ceremony theme this year.
David Einhorn presented his short thesis for Core Labs at the Sohn Investment Conference in New York City on Monday, arguing that Wall Street has been getting the story wrong on the company since 2008. The company survived a rout that beat its peers in 2008, Einhorn said. Show More Summary
A paired trade — long one asset, short another — can, with the addition of leverage, yield market-busting returns. My introduction to this concept was through Jeffrey Gundlach, the CEO of DoubleLine Capital, a Los Angeles-based firmShow More Summary