ESL Gives Sears $400 Million Lifeline (Finalternatives) Hedge fund ESL Investments has loaned $400 million to its largest investment, Sears Holdings Corporation (NASDAQ:SHLD), a cash infusion that will keep the struggling retailer afloat through the holiday season. Affiliates of ESL, whose founder, Edward Lampert, serves as Sears’ CEO, made the loan, which is due on […]
The environmental group Earthjustice, funded by George Soros and joined by the Sierra Club and ForestEthics, is suing the U.S. Department of Transportation (DOT) in order to prevent crude oil from North Dakota’s Bakken formation to be moved to California. Show More Summary
Sarepta Therapeutics is a clinical-stage biotechnology company seeking to gain approval for a potentially game-changing Duchenne muscular dystrophy drug called eteplirsen. Wall Street appears convinced that the drug is a winner, but scientists have been less optimistic. Here's why.
By David White: George Soros is a multi-billionaire hedge fund manager. He is perhaps most famous for his role in the Quantum Fund - a fund he established in 1969. A $1000 investment then would have made you $4 million by 2000. ThisShow More Summary
Authored by George Soros, originally posted Op-Ed at The FT, This is the worst possible time for Britain to consider leaving the EU – or for Scotland to break with Britain. The EU is an unfinished project of European states that have sacrificed part of their sovereignty to form an ever-closer union based on shared values and ideals. Show More Summary
When it comes to the intersection of politics, finance, and European history, there's nobody better to listen to than George Soros. Soros wrote the indispensable essay during the worst of the Eurozone economic crisis. In a just-published...Show More Summary
Is an epic bear market brewing? George Soros has some sage advice that investors should keep in mind.
Billionaire George Soros Braces for a Correction in U.S. Equities (SECFilings) Many billionaire investors have been bracing themselves for a market correction, but George Soros may be worth an extra look. After making a name for himself in the 1990s successfully betting against a central bank, Soros has developed an eye for macroeconomic changes in […]
By Elite Wealth Management: For institutional investors, keeping secrets for long is an impossible task. The Securities and Exchange Commission requires these entities to file a 13F, a quarterly filing required of investment managers...Show More Summary
Passive funds an active threat for Europe’s fund managers (Reuters) Warren Buffett built a fortune of nearly $60 billion from astute stock picking, but when the 83-year-old dies, the vast majority of the money he leaves his wife will be parked in a fund that simply moves in step with an index. The afterlife plans […]
George Soros is one of the most successful investors of all time. Here are three easy ways to follow in his footsteps.
Investing legend George Soros' family fund added significantly to its holdings in tech giants like Apple and Facebook last quarter, as well as tech stalwarts like Microsoft and Intel.
SEC’s civil case against SAC’s Cohen may get delayed again (NYPost) Manhattan US Attorney Preet Bharara has asked the Securities and Exchange Commission to hold off on its decision about former hedge-fund kingpin Steve Cohen for three more months. Bharara asked SEC chief administrative law judge Brenda Murray to continue the stay of the civil […]
As the 2014 midterm elections approached, the media were quick to criticize conservative donors like the Koch brothers for backing issues important to them. But journalists largely ignored the incredible financial power being used to...Show More Summary
An understudy of George Soros, Stanley Druckenmiller has become famous following the big short of the British Pound in 1992, a bet that brought Druckenmiller and Soros a gain of roughly $1 billion. Druckenmiller’s fund, Duquesne Capital, was...Show More Summary
You know what’s funny? Infanticide! It’s the point of a hysterical new trend from a left-wing blogger. Andrea Grimes of RH Reality Check and the Texas Observer (Both part of George Soros’ Media Consortium) wasn’t keen on the internet-viral #IceBucketChallenge, so she decided to create one of her own: the #TacoOrBeerChallenge – to fund abortion. “I want you […]
Andrea Grimes of RH Reality Check and the Texas Observer (Both part of George Soros’ Media Consortium) wasn’t keen on the internet-viral #IceBucketChallenge, so she decided to create one of her own: the #TacoOrBeerChallenge – to fund abortion. Show More Summary
Billionaire investor George Soros boosted his position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY)’s Puts by around a sixfold during the second quarter of 2014. With the markets not correcting significantly, Soros’ huge bearish position,...Show More Summary
George Soros’ firm bought a big stake in Consol Energy (CNX). Elliott Management picked up Anadarko Petroleum (APC). Those are just two headline items from major investors’ newfound love for the energy sector during the second quarter — with a similar trend taking place in hedge-fund pickups of healthcare stocks. Patrick McMullan Three cheers for Allergan Bill Ackman’s [...]
George Soros is making a $2.2 billion bet that the U.S. stock market will drop significantly in the foreseeable future. But other major business owners have issued more ominous warnings about a U.S. economic collapse. In a related report by The Inquisitr, the CBO has Social Security Disability running out of money by the year