Devon Energy Corp (NYSE:DVN) (MarketWatch) Shares of Devon Energy Corp. DVN, -10.16% fell 6% in premarket trading Wednesday, after the company posted......
(read more)February 21 - Market Movers, News - Comments
Steve Cohen runs his family office Point72 Asset Management since being forced to close his hedge fund after falling foul with the SEC. The billionaire......
(read more)December 6 - Hedge Funds, News - Comments
The fortunes of the US auto industry might be in doldrums with sales having peaked and falling on a year-on-year basis, but this hasn’t had any......
(read more)October 16 - Hedge Funds, News - Comments
The US stock market opened in the red today, dragged down by declines in mining stocks and lower oil prices. Meanwhile, ahead of Janet Yellen’......
(read more)August 24 - Insider Trading, News - Comments
Founded by Jeffrey Smith in 2002 via a spin-off from Ramius, Starboard Value LP has grown to become one of the most feared activist hedge funds in the......
(read more)August 17 - Hedge Fund Analysis, Hedge Funds, News - Comments
The main US indexes opened lower on Tuesday after the Labor Department showed that US consumer prices remained flat in July for the first time in five......
(read more)August 16 - Earnings Report, News, Tech - Comments
Insider trading is a term many stock market laymen associate with illegal conduct, but insider trading activity involves both legal and illegal trades......
(read more)June 10 - Insider Trading, News - Comments
For almost a decade and a half, Jeffrey Smith‘s billion dollar activist hedge fund, Starboard Value, has struck fear in the management suite of......
(read more)May 25 - Hedge Fund Analysis, Hedge Funds - Comments
Ira Sohn Investment Conference is one of the most awaited events that aside from supporting an important cause, ending childhood cancer, also has the......
(read more)April 14 - Hedge Fund Analysis, Hedge Funds, News - Comments
Billionaire Steven Cohen is one of the most successful hedge fund managers in history, who was making money when other hedge fund vehicles were losing......
(read more)February 25 - Hedge Funds, News - Comments
New York-based activist hedge fund Starboard Value LP and its founder Jeffrey Smith have gained a lot of recognition in the last few years for their......
(read more)February 23 - Hedge Fund Analysis, Hedge Funds, News - Comments
Point72 Asset Management is a family office founded in 2014 by Steven Cohen, who previously ran the hedge fund SAC Capital Advisors. Mr. Cohen’s......
(read more)February 18 - Hedge Fund Analysis, Hedge Funds, News - Comments
With the broader market down by more than half a percent, shares of International Game Technology Ordinary Shares (NYSE:IGT), Freshpet Inc (NASDAQ:FRPT......
(read more)November 12 - Market Movers, News - Comments
Jeffrey Smith of the $4.4 billion activist hedge fund Starboard Value is laser focused on one thing and one thing only. He’s willing to do whatever......
(read more)October 13 - News - Comments
Shares of Advance Auto Parts, Inc. (NYSE:AAP) have gained more than 11% today after The Wall Street Journal reported last night that Jeffrey Smith’s......
(read more)September 30 - Hedge Funds, News, Stock Analysis - Comments
Shares of Advance Auto Parts, Inc. (NYSE:AAP) are up by more than 10% in afternoon trading today following the release of the automobile aftermarket parts......
(read more)August 13 - Earnings Report, Hedge Funds, News - Comments
According to RBC Capital Markets, the top performing sectors have been the energy and the utility sectors, which they continue to keep a closer watch......
(read more)August 1 - News - Comments
Blue Arrow Capital Management, a subsidiary of Millennium Management, which is led by Israel Englander. It is headquartered in New York and has an......
(read more)May 30 - Hedge Funds, News - Comments
Auto-parts retailer Advance Auto Parts, Inc. (NYSE:AAP) hasn’t been the best performer in its industry this year. Its gain of just under 12% is......
(read more)September 17 - News - Comments
While vehicle sales in the U.S. continue to remain strong, driven by a robust housing sector and low interest rates, it’s surprising to see that......
(read more)August 26 - News - Comments
Is Advance Auto Parts, Inc. (NYSE:AAP) worth buying at today’s prices, or is it not? In today’s marketplace, there are plenty of metrics shareholders......
(read more)August 23 - News - Comments
Curious what the smart money thinks about AutoZone, Inc. (NYSE:AZO)? To many traders, hedge funds are viewed as delayed, outdated financial tools of......
(read more)August 22 - News - Comments
Before analyzing a company for investment, it’s important to have a perspective on how well the business has performed. Because at the end of the......
(read more)August 20 - News - Comments
Recovering from the global recession of 2009, the US auto industry followed the growth trend. This led to growth in the auto-parts industry as this market......
(read more)August 5 - News - Comments
Shareholders of O’Reilly Automotive Inc (NASDAQ:ORLY) have had a great time in the last five years. Since 2009, O’Reilly’s stock price has risen......
(read more)August 5 - News - Comments
Note: Due to an impending merger, we have removed Cooper Tire & Rubber Company (NYSE:CTB) from this article. Motley Fool apologizes for its initial......
(read more)August 3 - News - Comments
The auto industry has been hit very hard over the last few years, and most investors have turned away from the once-booming sector. As a result, there......
(read more)August 2 - News - Comments
The average age of vehicles in the U.S. increased from 10.8 years last year to around 11.3 years as of January 2013. As vehicles age more works needs......
(read more)July 26 - News - Comments
There are two primary ways companies grow value per share: (1) increasing the value of operations, and (2) decreasing the share count over time through......
(read more)July 22 - News - Comments
According to a 13G filed with the SEC, Glenhill Advisors owns 2.7 million shares of The Pep Boys – Manny, Moe & Jack (NYSE:PBY), an auto parts......
(read more)July 12 - Hedge Funds - Comments
Shares of Atlanta-based Genuine Parts Company (NYSE:GPC) have been star performers lately. They are up 37% year-to-date, and are trading at all-time......
(read more)July 10 - News - Comments
With the average age of vehicles being more than 10 years, car parts and car maintenance will become more and more necessary. Even winter is expected......
(read more)June 26 - News - Comments
Recently, some hard-line retailers have been raising their dividends, which has led to exceptional share price increases. Two of the most important examples......
(read more)June 20 - News - Comments
As the unemployment rate decreases and consumer sentiment increases, the auto market is improving. Now, not only are manufacturers benefiting from this......
(read more)June 19 - News - Comments
Auto parts retailers have had a solid run this year with all the major players recording solid gains. However, O’Reilly Automotive Inc (NASDAQ:ORLY......
(read more)June 17 - News - Comments
Billionaire Israel Englander is a founding member of Millennium Management, with some $22 billion in assets under management. Englander also runs a $200......
(read more)June 3 - Hedge Funds - Comments
Consumer discretionary names such auto part companies, hotels, retailing, and media historically lead the performance of the broader based S&P 500......
(read more)April 28 - News - Comments
Confidence in the economy, tax refunds, and low-cost financing are some of the reasons that have driven car sales higher so far this year. According to......
(read more)April 19 - News - Comments
As the economic recovery continues to chug along it seems likely that pent-up demand will benefit certain sectors of the economy. Specifically, consumers......
(read more)April 2 - News - Comments
After reviewing the hedge fund filings for last quarter, there are five stocks that stood out as being loved by hedge funds. The hedge fund activity......
(read more)March 15 - News - Comments
