ArchiveAckman Follows Berkowitz’s Lead, Discloses Massive Financial Stake (FAIRX, GS, C, GGP, BRK.A, KFT, TGT, YUM, BGP, CXW, LNY, GLRE, BRK.B)Posted by Owen Vater at 11:45AM on May 27th
Earlier this month, Fairholme Fund (FAIRX) manager Bruce Berkowitz told a crowd at the Value Investing Congress that he had purchased a “giant stake” in scrutinized investment firm Goldman Sachs Group (GS). Yesterday, at the annual Ira Sohn Investment Research Conference, Pershing… Traders Dump Shares Into Close As Europe Worries Linger (CPB, YGE, LFT, LNY, ODSY)Posted by Geoff Seiler at 4:59PM on May 24th
Stocks cratered in the last 15 minutes of the trading session, with financials and energy service names hit particularly hard. The Bank of Spain having to rescue regional lender Cajasur after it failed to complete a merger only helped fuel… Berkowitz At Odds With Paulson In General Growth Deal (SPG, FAIRX, BAM, PM, BSX, SHLD, YUM, LNY, BGP, TGT)Posted by Owen Vater at 9:33AM on April 20th
Some high profile fund managers want to get a piece of General Growth Properties as the shopping mall operator seeks to emerge from bankruptcy. In one corner, competitor Simon Property Group (SPG) plans to pair with hedge fund manager John Paulson… |
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