Apple Inc (AAPL) Shares Will Make a Comeback: Analyst
Apple Inc (NASDAQ:AAPL) seems to be losing steam.
Author Archive - Renee Ann Butler
Google Inc (GOOG) Raises Search Engine Bar with ‘Spooky’ Accuracy
Google Inc (NASDAQ:GOOG) is rolling out a new design for its popular search engine.
RedPrairie Ups Ante with Jda Software Group Inc (JDAS) Acquisition
Jda Software Group Inc (NASDAQ:JDAS) is up over 17.4% today, hitting a new 52-week high of $44.81, after news that the maker of supply management software is to be acquired by...
Are Presents Social Now? Gifts Come to Facebook Inc (NASDAQ:FB)
Facebook Inc (NASDAQ:FB) today launched its newest development – the ability to give donations via the popular social networking platform.
Sirius XM Radio Inc (SIRI) Tops Q3 Revenue, Misses on Earnings
Sirius XM Radio Inc (NASDAQ:SIRI) is up over 2.3% this morning, trading at $2.87 on a 52-week range of $1.61 to $2.97.
Verizon Communications Inc. (VZ) Headquarters Flooded; Share Price Unaffected
"The massive facility for interconnecting key communications lines sustained heavy damage after planes struck the Twin Towers more than a decade ago.
Apple Inc (AAPL) Sinks to 3-Month Lows After Executive Change-Up
The decrease comes after Apple Inc. (NASDAQ:AAPL) announced changes in upper management.
Google Inc (GOOG) Faces New Competitor as Publishers Join Forces
Pearson Plc (NYSE:PSO) and Bertelsmann A.G.
Is Procter & Gamble Company (PG) Posting Q1 in Line Enough to Appease Ackman?
The Procter & Gamble Company (NYSE:PG) has returned over 13% since the end of the second quarter, giving funds like Bill Ackman's Pershing Square, which opened a $1.34 million...
Aetna Inc. (AET) Blows Away Q3 EPS, Revises Guidance
Aetna Inc. (NYSE:AET) reported its third quarter results today.
Sprint Nextel Corporation (NYSE:S) Tops Analyst Earnings Estimates, Misses on Revenue
Sprint Nextel Corporation (NYSE:S) reported an earnings loss of 26 cents per share for last quarter.
Microsoft Corporation (MSFT) Ushers in New Ways to Integrate
Microsoft Corporation (NASDAQ:MSFT) is poised to take a plunge into developing its role in mobile devices as it prepares to launch its newest version of Windows Friday, but the...
Anheuser Busch Settles $20.1B Acquisition of Grupo Modelo
Anheuser-Busch InBev (BUD) has held a 50% stake in Grupo Modelo for some time (it was inherited from InBev's $52 billion takeover of Anheuser-Busch in 2008), but the company decided...
The Battle for Nationally Mandated Health Care Has Only Just Begun
On Friday, the Supreme Court upheld Obama Administration's national health care strategy, saying that it was within its rights to require most Americans to carry health insurance...
Markets Pop After EU Summit, In Spite of Weak Domestic Reports
The markets moved sharply upwards on Friday, with the Dow gaining more than 200 points by midday, on positive news from the European Union’s two-day summit.
Markets Dip on Weak Economic Data, Some Gains from Supreme Court
In both the US and abroad, the markets were as the two-day European Summit begins and attentions were directed to domestic economic data and the Supreme Court’s review of the...
Markets Rise on Improvements in Durable Goods, Housing
Markets were up across the board today. Gains were realized in both domestic and foreign markets alike.
In the Battle of Mac vs. PC, Browsing Data is Changing Everything
Browsing data has long been used in predictive analytics.
Facebook Appoints Sandberg to Board
Facebook, Inc. (FB) has had a rough time of things.
Tower Leasing Company Turns REIT, Trumps Analyst Estimates
For years, companies have been buying land, building towers (or allowing a lessee to do so), then leasing the land to wireless carriers like AT&T (T) and Verizon (VZ).
Too Late to Short Green Mountain?
Whitney Tilson founded his firm T2 Partners with Glenn Tongue in 1999.
Is Starbucks A Good Investment Right Now?
Is Starbucks a good investment right now? Starbucks fell off sharply Friday April 27, going from $60.66 a share at close on April 26 to just $57 a share.
PepsiCo Beat Q1 Analyst Estimates, But is it Worth the Investment?
PepsiCo (PEP) trumped analyst estimates on Thursday, April 26 when the company announced that during the first quarter 2012 it had earned 69 cents a share, over analyst estimates...
Ackman to go Public with Pershing Square Holdings in 2013
"Pershing Square Capital, the $11bn hedge fund run by high-profile US activist investor Bill Ackman, is planning a $4bn public flotation for a new fund in January 2013," reports...
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 his other funds loss considerably...
Paulson Shorts Euro Sovereign Bonds, Bets on Credit Default Swaps
In a bid to reverse losses stemming from poorly timed bets and overcorrection last year, hedge fund manager John Paulson is shorting European sovereign bonds, reports Bloomberg...
Is Wells Fargo A Good Stock To Buy Right Now?
Last year, Wells Fargo (WFC) had its highest mortgage fees since 2009.
Hedge Fund News: Paulson in Bermuda, Legg Mason, Leverage, China Mobile
The Bermuda government has welcomed the news that a new reinsurance entity will set up shop in Bermuda from June 1, 2012, as part of a joint venture between Validus Group and ...
AOL to Sell Patents to Microsoft for $1.1B $AOL $MSFT
Patents are big money right now.
Chase Coleman’s Tiger Global Invests $8M in Nollywood
Investment opportunities can come from anywhere. Often the most profitable are the ones that come from seemingly nowhere.
‘Tis the Season to Go Public – Outback, Burger King, Facebook IPOs
Facebook, Burger King, Outback Steakhouse – what do these three iconic companies have in common? All three are planning IPOs and, in the case of Outback and Burger King, some...
Hedge Fund News: Commodities, Garage Sale Find, Reddy Ice Bankruptcy
Hedge funds reduced bullish bets on commodities for a second consecutive week as the Federal Reserve signaled it may refrain from more monetary stimulus, increasing concern that...
Hedge Fund News: BlueGold, Bill Ackman, China Hedge Fund, JOBS Act
BlueGold Capital, an oil-focused fund that made headlines in 2008 by calling the peak of the market, is liquidating after four years of trading -- the last of which put it at ...
John Paulson’s Performance Starts to Rebound
John Paulson and his fund Paulson & Co became famous for bets against subprime mortgages.
Dan Loeb’s Fight with Yahoo $YHOO Goes Digital
Dan Loeb's fund Third Point has a stake in Yahoo (YHOO) worth roughly 5.8% of the company.
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 federal approval to implement a mobile...
Ackman and Others Work to Take Burger King Public Again
"Just 18 months after being taken private in a leveraged buyout, Burger King Worldwide Holdings, one of the world’s largest fast-food chains, plans to list its shares on the...
Carl Icahn Scores Victory in Battle to Buy CVR Energy $CVI Shares
Activist investor Carl Icahn has finally claimed victory in his fight to buy 55% of the outstanding share of CVR Energy (CVI) after the board approved his offer of $2.26 billion...
Hedge Funds Adopt Activist Tactics in India
"After years of complaining about poor treatment as minority investors in India's publicly traded companies, some Western hedge funds are turning to activist tactics that have...
McDonald’s Kicks Pink Slime Early
McDonald’s (MCD) has stayed at the forefront of fast food innovation for years – it introduced salad, healthy sides and specialty coffees right as consumer preferences started...
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.
Hartford $HIG to Pay $2.43B to Buy Back Debt from Allianz $ALV
John Paulson, whose hedge fund Paulson & Co.
Ackman’s Pershing Square Announces 7th Nominee for CP Rail Board $CP
In a presentation dated February 6, 2012, Pershing Square's Bill Ackman defended his suggestion of Hunter Harrison as a candidate for CEO of Canadian Pacific Railway (CP), and...
The Children’s Investment Fund to Begin Suit Against Coal India
"London-based hedge fund, The Children's Investment Fund (TCI), on Saturday said it has instructed its Indian lawyers to begin the process of taking legal action against the state...
Pension Fund Investment in Hedge Funds Vs. Bonds
Last year, Simon Ruddick of Albourne Partners told attendees at the National Association of Pension Funds Investment Conference, "More pension funds are taking direct stakes ...
Ex-Sprott Portfolio Manager Tardif to Launch New Fund in May
Ex-Sprott Asset Management portfolio manager Jean-François Tardif is coming back from retirement.
Ex-Goldman Sachs Traders Find Making Money Isn’t Easy
When ex-Goldman Sachs (GS) Group traders Pierre-Henri Flamand and Morgan Sze left the company, they were able raise "more than $4.5 billion for their own hedge funds, helped by...
Baupost Group’s $1B Lawsuit Against Bank of America $BAC Dismissed
This week, "New York State Supreme Court Justice Barbara Kapnick dismissed the complaint filed last year by Walnut Place LLC and related entities, saying the lawsuit was premature...
