It doesn’t seem likely that Superstorm Sandy, which wreaked havoc across the Northeastern U.S. coastal regions little over a month ago, will claim Hartford Financial Services Group Inc (NYSE:HIG) as...... (read more)

Appaloosa Management filed its 13F earlier this month, disclosing many of its long equity positions as of the end of September. Appaloosa, which is managed by billionaire David Tepper, has about $16 billion...... (read more)

Appaloosa Management is a value hedge fund managed by billionaire David Tepper (whose name might sound familiar to any recent attendees of Carnegie Mellon’s Tepper School of Business). The fund has...... (read more)

Appaloosa Management is a value hedge fund managed by billionaire David Tepper (whose name might sound familiar to any recent attendees of Carnegie Mellon’s Tepper School of Business). The fund has...... (read more)

Citigroup Inc (NYSE:C), Ford Motor Company (NYSE:F), and General Motors Company (NYSE:GM) are among Appaloosa Management's interesting stock picks at the end of the second quarter. Appaloosa Management...... (read more)

Citigroup’s (NYSE: C) big news came in the form of a recent divesture. The company is selling half of its ~$3 billion stake in Akbank, a Turkish bank vis-à-vis an IPO. We were not surprised by the...... (read more)