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)
Posts Tagged ‘LightSquared’
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)
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)
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)
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)
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)
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)
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)
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)
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)
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, 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)
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)
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’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)
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)
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)
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)
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)
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’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)
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)
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)
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)
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)
