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 Click to see monthly returns in table format!

Lists

The 6 Cheapest Boarding Schools in Europe 2015

The 5 Most Expensive Cars To Insure in the World

The 10 Most Common Genetically Modified Foods

10 Self-Made Billionaires Who Came From Nothing

The 10 Most Expensive Cities to Live in North America

The 13 Most Expensive Headphones in the World to Represent

The Top 20 Wealthiest Soccer Teams in 2014

4 BuzzWorthy Cannabis Stocks And Some Smoking Derivative Plays

The 10 Healthiest Fast Food Chains in America to Dine At

The 5 Most Expensive Cat Food Brands You Can Spoil Your Kitty With

The 6 Best eCommerce Platforms for Small Businesses

The 10 Worst Mistakes an Entrepreneur Can Make

The 5 Most OP Characters in League of Legends to Carry Games and Crush Foes With

The 5 Best Foods to Eat Before Running that Will Help You Pound the Pavement

10 Glaring Plot Holes in The Walking Dead that a Zombie-Filled Bus Could Drive Through

The 5 Biggest Celebrity Stoners Who Love Their Reefer

The 10 Most Overrated Movies Of All Time by Out-of-Touch Critics

Top 6 Least Expensive Cruise Destinations For 2015 that Will Take You to Paradise

10 States with Lowest Substance Abuse Rates in America

The 14 Most Watched TV Finales Ever

The 10 Best Selling Role Playing Games of All Time for PC

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

How to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

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!