Posts Tagged ‘LightSquared’

MOORE GLOBAL INVESTMENTS

Hedge Fund News: Louis Bacon, Chase Coleman & Third Point

Louis Bacon and Peter Nygard Move Bahamas Feud to New York (NYTimes) The hedge fund billionaire Louis M. Bacon has filed a lawsuit against the Canadian......(read more)
Carl Icahn as viking

Hedge Fund News: Carl Icahn, Phil Falcone & Sprott Asset Management

Icahn Falsely Takes Credit For Family Dollar Sale (BidnessEtc) Famous activist investor Carl Icahn was assumed to be one of the forces behind the deal......(read more)
INVESCO PRIVATE CAPITAL Wilbur Ross

Hedge Fund Highlights: Wilbur Ross, Steven Cohen & Michael Hintze

I’m selling 6 times more than buying: Wilbur Ross (CNBC.com) With the stock market recently at all-time highs, before Thursday’s sharp selloff......(read more)
Steven Cohen

Hedge Fund Highlights: Steven Cohen, George Soros & Bill Ackman

SEC Gets Subpoena In Steve Cohen Divorce Suit (Law360) Patricia Cohen, the ex-wife of SAC Capital Advisors LP founder Steven Cohen, has subpoenaed the......(read more)
Can hedge funds beat the market

Hedge Fund Highlights: Bill Ackman, Philip Falcone & Paul Singer

Allergan Poison Pill Won’t Be Triggered by Pershing Call (Bloomberg) Allergan, Inc. (NYSE:AGN) agreed with Pershing Square Capital Management LP that......(read more)
Carl Icahn as viking

Hedge Fund Highlights: Carl Icahn, Paul Singer & Philip Falcone

U.S. would face hurdles bringing case against Icahn, Mickelson: lawyers (Reuters) Questions about how to apply securities law to activist investors could......(read more)
Top 4 Strengths a Successful Entrepreneur Needs

Hedge Fund Highlights: Warren Buffet, Kyle Bass & Julian Robertson

Warren Buffet brings on more wealthy donors to help nonprofits (State Column) A total of 127 individuals or families from 12 countries and 26 U.S. states......(read more)
John Burbank PASSPORT CAPITAL

Hedge Fund News: John Burbank, Phil Falcone & Jim Rogers

Hedge fund moguls put money on Asian Internet, low-volume stocks (Reuters) From Asian Internet stocks, which have boomed over the last year, to food and......(read more)
Steve Cohen SAC CAPITAL ADVISORS

Hedge Fund News: Steven Cohen, John Paulson & Dan Loeb

Hedge fund big furious that his $98M penthouse isn’t selling (Page Six) Embattled hedge fund titan Steven A. Cohen is freaking out that his Manhattan......(read more)
Bill Ackman in crowd

Hedge Fund News: Bill Ackman, Tom Sandell & Relational Investors

Why hedge-fund honcho Ackman loves Chicago (Crain’s Chicago Business) Maybe Bill Ackman should stick to Chicago-area companies. The New York-based......(read more)
Chuck Royce

Hedge Fund Highlights: Andy Hall, Chuck Royce’ Royce & Associates, Advanced Micro Devices, Inc. (AMD)

Editor’s Note: Nokia Corporation (ADR) (NYSE:NOK), Microsoft Corporation (NASDAQ:MSFT), Advanced Micro Devices, Inc. (NYSE:AMD), Standard Motor......(read more)
Steven Cohen

Hedge Fund News: Steven Cohen, Harbinger Capital, Google Inc (GOOG)

Editor’s Note: MBIA Inc. (NYSE:MBI), Deere & Company (NYSE:DE), J.C. Penney Company, Inc. (NYSE:JCP), Google Inc (NASDAQ:GOOG) SEC delaying......(read more)
David Tepper

Hedge Fund News: David Tepper, SAC Capital, Sony Corporation (ADR) (SNE)

Editor’s Note: Related Tickers: Sony Corporation (ADR) (NYSE:SNE), Amazon.com, Inc. (NASDAQ:AMZN), Visa Inc (NYSE:V), Foster Wheeler AG (NASDAQ......(read more)
TIGER MANAGEMENT

Hedge Fund News: Julian Robertson, Herbalife Ltd. (HLF), Microsoft Corporation (MSFT)

Editor’s Note: Related tickers: Herbalife Ltd. (NYSE:HLF), Microsoft Corporation (NASDAQ:MSFT), Apple Inc. (NASDAQ:AAPL), Dell Inc. (NASDAQ:DELL......(read more)
GREENLIGHT CAPITAL David Einhorn

Hedge Fund News: David Einhorn, George Soros, Netflix

David Einhorn is Shorting Iron Ore (Benzinga) Hedge fund whiz David Einhorn gave a presentation at the Great Investor’s Best Ideas investment symposium......(read more)
Ricky Sandler

Hedge Fund News: Mitt Romney, Ricky Sandler, Louis Bacon

Secret Footage of Romney Was Filmed at Estate of Sex Party-Throwing Hedge Fund Manager (GAWKER) You know that really damaging hidden camera footage of......(read more)
Biggest IPOs in US History

Hedge Fund News: Goldman Sachs, Bernard Madoff, Bill Ackman

Goldman to Invest in City Jail Program, Profiting if Recidivism Falls Sharply (NYTimes) New York City, embracing an experimental mechanism for financing......(read more)
Yahoo! Inc. (NASDAQ:YHOO)

Hedge Fund News: Yahoo, David Einhorn, Dan Loeb

Third Point’s Loeb boosts Yahoo stake (Reuters) Hedge fund manager Daniel Loeb has upped his stake in Yahoo Inc (YHOO.O) by about 2.5 million shares......(read more)
HARBINGER

Falcone Still Fighting for LightSquared, Has Until End of Month

John Paulson’s Paulson & Co losses last year have gotten a lot of press attention – after all, one of his top funds lost almost 53% – but......(read more)
HARBINGER

Falcone’s LightSquared Considers Bankruptcy

Phil Falcone’s Harbinger Capital Partners owns the lion’s share of LightSquared, the wireless venture that has been struggling to receive......(read more)
HARBINGER

Inmarsat $ISAT Says LightSquared $SKYT Default Likely

“Inmarsat Plc (ISAT), the biggest provider of satellite services to the maritime industry, said payments from LightSquared Inc. (SKYT) related to......(read more)
HARBINGER

Phil Falcone, Harbinger Capital and LightSquared

Phil Falcone’s Harbinger Capital Partners has made a lot of profitable calls in the past, but the firm has been struggling to keep its numbers up......(read more)
Bill Ackman

Hedge Fund News: Ackman & CP, LightSquared, Asia Hedge Funds…

Ackman Faults Canadian Pacific Chief for ‘Worst Railroad’ (Bloomberg) Canadian Pacific Railway Ltd.’s (CP) support for Chief Executive Officer Fred......(read more)
HARBINGER

FCC Handling of Harbinger’s LightSquared Under Question

Phil Falcone’s Harbinger Capital is famous for making unpopular investments and profiting wildly from them. The fund became famous in 2007 for betting......(read more)
GREENLIGHT CAPITAL

Hedge Fund News: Bluecrest, Japan’s Debt, Jim Rogers, Stock Picks…

Hedge-Fund Liquidity Turned Corner, Says Gayeski (Bloomberg) Troy Gayeski, senior portfolio manager at SkyBridge Capital LLC, discusses liquidity conditions......(read more)
Bill Ackman PERSHING SQUARE

Bill Ackman, Phil Falcone’s LightSquared, Hedge Funds and Greece

Pershing Names Nominees To Canadian Pacific Board (Reuters) Canadian Pacific Railway Ltd (CP) said William Ackman‘s hedge fund Pershing Square Capital......(read more)
Hedge Fund Strategies

Icahn Said to Buy LightSquared Debt, Seth Klarman Invests In Europe, Greece Nears Debt Deal, Etc…

Icahn Said To Buy Lightsquared Debt In Bet On Falcone Venture’s Collapse (Bloomberg) Billionaire Carl Icahn has purchased debt from Philip Falcone’......(read more)
Carl Icahn

Icahn, Tepper and Beal Bet on LightSquared’s Collapse

“Billionaire Carl Icahn has purchased debt from Philip Falcone’s LightSquared Inc.’s bondholders as the satellite-broadband-service provider......(read more)
HARBINGER

Harbinger’s LightSquared Says Tests ‘Rigged’, Not Raising Capital

LightSquared, the wireless company trying to develop a nationwide 4G system, said yesterday that the recent tests conducted by the Defense Department......(read more)
Steve Cohen SAC CAPITAL ADVISORS

Insider-Trading Probe News, Kodak Filed Bankruptcy, Hedge Fund May Sue Greece, etc.

Days of Easy Money Over for Fund Managers: Alice Schroeder (Bloomberg) As a profit-making endeavor, managing other people’s money is hard to beat. The......(read more)
HARBINGER

Federal Agencies Recommend Against Harbinger’s LightSquared

Harbinger Capital Partner‘s wireless venture LightSquared suffered another blow last week after nine federal agencies unanimously recommended an......(read more)
Bill Ackman PERSHING SQUARE

Canadian Pacific Cautioned Ex-Chief To Stay Away From Ackman, Icahn Buys $CVI, European Hedge Funds Bet China Down

Canadian Pacific Rival Warns Ex-Chief To Stay Away From Ackman (Deal Book) The Canadian National Railway publicly cautioned its former chief executive......(read more)
largest hedge funds in the world

Paulson Persists With Property, Coleman Raise $XRS, Top 10 Fund Managers Loved By Hedge Funds, Hedge Funds On Greek Debt…

Billionaire Paulson Persists With Property (Bloomberg) Paulson’s credit funds owned at least $2.4 billion of mortgage- backed securities on a “notional......(read more)
George Soros

HFs Bet On Greek Default, HFs Urge To Remove Private Funds’ Restrictions, Soros’ Predictions, Rogers Still Owns The Euro

Hedge Fund Velite Nabs Natgas Crown From Arnold (Reuters) Move over, John Arnold: the U.S. natural gas market has a new hedge-fund king, operating as......(read more)
HARBINGER

Harbinger’s LightSquared Gets Break in $13.5B Deal with Sprint $S

Phil Falcone’s Harbinger Capital finally gets a break. The $1.52-billion hedge fund owns the lion’s share of LightSquared, a company that......(read more)
SAC CAPITAL ADVISORS

Elliott Sells Relativity Media Stake, Cohen Adds Member, Seth Klarman’s Mega-Quarry Investment, Sprint Invests In Lightsquared

Hedge Funds Fall 4.9% As Long/Short, Macro Funds Suffer (FINalternatives) Hedge funds sank almost 5% last year amidst market volatility and the European......(read more)
ESL INVESTMENTS

Hedge Funds Took In $3.6 Billion In November, Lampert Cuts Autozone

Relativity Media Investor Elliott Says Movie-Fund Adviser Joe Is Leaving (Bloomberg) Elliott Management Corp., the hedge fund that backed filmmaker Relativity......(read more)
HARBINGER

Falcone’s LightSquared Hires Montagner as New CFO

Phil Falcone‘s troubled wireless venture, LightSquared, is getting a new CFO, reports FINAlternatives. The company announced that Marc Montagner......(read more)
HARBINGER

Falcone’s LightSquared Presses FCC Over Network

Phil Falcone’s Harbinger Capital is the primary shareholder in communications company LightSquared, owning all but a sliver of the company. LightSquared......(read more)
GREENLIGHT CAPITAL

Afternoon Aggregate News: David Einhorn’s “Big Short”, Amaranth’s $77.1 Million Settlement

Exclusive: An Inside Look At David Einhorn’s “Big Short” (Reuters) Hedge fund manager David Einhorn is taking an even harder line against......(read more)
HARBINGER

Falcone’s LightSquared Could Be Running Out of Cash

LightSquared, “the upstart wireless company that is being bankrolled by Philip Falcone’s $5 billion Harbinger Capital Partners hedge fund......(read more)
HARBINGER

Afternoon Aggregate News: LightSquared Runs Out Of Cash, Paulson Victimized, Cliff Asness Goes Mutual

Clay Capital’s Turner Pleads Guilty In $2.5 Million Insider-Trading Case (Bloomberg) James F. Turner II, 44, the chief investment officer of hedge fund......(read more)
best gold ETF

Paulson’s Gold Plunges, LightSquared Disrupts Plane Safety, Marketer Pay Increases

Paulson’s Bright Spot May Fade As Gold Plunges (Bloomberg) The hedge-fund titan John Paulson, enduring the worst year in his career, may be facing a......(read more)
HARBINGER

Falcone’s LightSquared Test Results Leaked

Phil Falcone has had a rough week. First, he gets the notice that charges from the SEC are likely following (read about it here). The issue appears to......(read more)
HARBINGER

Harbinger’s Falcone in SEC Crosshairs

Fund manager Phil Falcone is under the gun. The SEC filed Wells notices on Falcone and his hedge fund Harbinger Capital Partners on Friday, indicating......(read more)
Barry Rosenstein JANA PARTNERS

Hedge Funds Liquidations Up, Taylor Losses, Highbridge Makes Arjun Asia Head

Hedge Funds Liquidations Increase In Third Quarter (Bloomberg) Hurt by the market volatility triggered by the European sovereign debt crisis, hedge funds......(read more)
HARBINGER

Harbinger Capital’s Newest LightSquared Hurdle – Senator Roberts

Phil Falcone’s Harbinger Capital has really had a time of things lately. The hedge fund owns a significant stake in a company called LightSquared......(read more)
HARBINGER

Phil Falcone’s Harbinger Capital Down 17% in September

Phil Falcone’s Harbinger Capital lost big last month according to Reuters. His flagship fund, Harbinger Capital Partners Fund II, L.P., lost almost......(read more)
HARBINGER

Phil Falcone’s LightSquared Hires More Lobbyists To Resolve “Technical” Issues

Phil Falcone, the man behind the Harbinger fund and financier, is facing opposition over his Reston-based startup LightSquared reports the Washington......(read more)
HARBINGER

Phil Falcone In Heat Over LightSquared

Philip Falcone, founder and manager of Harbinger Capital Partners, is facing heat for his investment in LightSquared. The wireless communications company......(read more)
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