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

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
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

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

The Most Successful Reality TV Stars

Cheapest Cities to Visit in the US

Most Expensive Summer Camps

Most Expensive Animals 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 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!