George Soros News: Economic Trends, American Politics & J.C. Penney Company, Inc. (JCP)

Page 1 of 2

Editor’s Note: Related tickers: J.C. Penney Company, Inc. (NYSE:JCP)

George Soros - Soros Fund ManagementSoros-Style Impact Investing (InSead)
What I really deal with is venture capital without the returns,” Stewart Paperin tells the audience at INSEAD’s Entrepreneurial Forum in Fontainebleau recently. Paperin is administrative vice-president of the worldwide Open Society Foundations and (since 1997) president of the Soros Economic Development Fund which currently manages US$200 million of investment capital covering some 28-projects in seven regions of the world. OK. That works as a definition. But not really as an explanation of what might attract people to invest. And in what, exactly?

13F filings in focus for clues to what Buffett, Soros and other high rollers bought and sold in Q2 (MarketWatch)
Where did the world’s most closely-watched investors – Warren Buffett, George Soros, David Einhorn, et al – put their money in the second quarter? Investors will await the answers Wednesday, the regulatory deadline for big players to file 13F-HR reports. The reports detail stocks their funds bought or sold during the quarter ended June 30, as major indexes were preparing to bounce back from a swoon inspired by concerns that the Federal Reserve’s expected tapering of its bond purchases would rob the market of the fuel for a continued push into record territory.

George Soros Shuns Bill Ackman In Fight For Power At J.C. Penney (HuffingtonPost)
Major J.C. Penney Company, Inc. (NYSE:JCP) investor George Soros has decided to side with the company’s chairman and its chief executive officer as they battle an activist investor for influence at the struggling retailer, according to a report from Bloomberg News. Joined by Glenview Capital Management, which also holds a significant stake in J.C. Penney Company, Inc. (NYSE:JCP), Soros Fund Management is shunning hedge fund billionaire Bill Ackman’s plan to quickly shake up management at the retailer, Bloomberg says. The J.C. Penney Company, Inc. (NYSE:JCP) board has been embroiled in a vitriolic fight for power over the past week after Ackman leaked a letter that called for the company to replace CEO Mike Ullman, who stepped into the role after his predecessor, Ron Johnson, was fired in April.

JC Penney fires back at Ackman (CNBC)

George Soros Turns 83, Still Funds Liberal Groups and Media (NewsBusters)
Liberal billionaire George Soros celebrates his 83rd birthday on Aug. 12. The left-wing philanthropist continues to have a deep-vested interest in American politics, including a recent endorsement of Democrat Bill de Blasio for mayor of New York City. Soros has a long history of funding liberals and attacking conservatives, and spent more than $25.5 million to defeat President George W. Bush in 2004. Soros also aids hundreds of left-wing groups in America each year under the auspices of his Open Society Foundations.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Rito Pls Buff: The 10 Least Played Champions in LoL Season 4

10 Covers of Popular Songs that are Better than the Originals

Must See TV: The 9 Most Anticipated Shows of 2015

The 15 Biggest Box Office Bombs of All Time

10 Things The World Can’t Stand About Americans

Picture Perfect: The 6 Smartphones with the Best Cameras

The 10 Best Countries To Work In the World

A Profitable Day At The Track: 5 Tips For Betting On Horses

Tearing You Apart: 6 Bad Habits That Ruin Relationships

Learning on the Job: The 6 Biggest Mistakes Parents Make

Shopaholics Rejoice: The 12 Biggest Malls in the World

Fright Night: 10 Horror Movies Based on True Stories

Mach Mania: The 10 Fastest Jets in the World

Military Heavyweights: The 10 Countries with the Most Tanks

All In: The 7 Richest Poker Players in the World

Abracadabra: The 10 Best Magicians in the World

The 10 Richest Asian Countries in the World in 2014

Eyes in the Sky: 10 Things You Need to Know About Drones

Rising Stars: The 6 Best Silicon Valley Startups

Military Muscle: The 5 Most Advanced Armies in South America

All that Glitters: The 7 Most Luxurious Jewelry Brands in the World

5 Things You Didn’t Know About ISIS but Should

Empowering Your Money: The 5 Best Energy Stocks to Invest In

The 11 Best Android Apps You Can’t Get on iOS

The 10 Most Important International Conflicts in 2014

Mood Enhancers: The 20 Most Uplifting Songs of all Time

Lover Beware: The 8 Countries that Cheat the Most

Breath of Fresh Air: The 25 Countries with the Best Air Quality on the Planet

Singles Beware: The 8 Worst Mistakes Made on First Dates

Healthy and Happy: The 10 Countries with Lowest Healthcare Costs

The 6 Best Company Team Building Activities to Build Workplace Camaraderie

Ships Ahoy: The 10 Busiest Shipping Ports in the World

10 Productivity Tips to Save You Time and Help You Do More With Less

Grab a Bite: The Most Popular Fast Food Restaurants in America

Friday Night Thirst: The 10 Most Popular Cocktails in the World

The 6 Greatest Unsolved Mysteries We May Never Figure Out

7 Useless Products You Never Should’ve Bought

The 5 Reasons Why You’re Single and Miserable

The 7 Most Addictive Foods in the World We Can’t Stop Eating (Even Though We Should)

5 Amazing Places You Can Swim with Dolphins

The Top 7 Most Livable Countries In The World

The 10 Most Expensive Baseball Cards Ever Pulled From A Pack

The 5 Easiest Second Languages to Learn for English Speakers

Silver Spoon: The 6 Richest Families in the World

The 20 Countries with the Largest Prison Populations in the World

The Top 10 Richest Actors in the World

The 10 Best Airline Stocks to Invest In Before They Fly Too High

Burger Kings: The 10 Most Expensive Burgers in the World

The 10 Most Ethnically Diverse Countries in the World

The 10 Most Exclusive Credit Cards in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!