Hedge Fund News: Louis Bacon, Chase Coleman & Third Point
The hedge fund billionaire Louis M.
Posts Tagged ‘LightSquared’
Hedge Fund News: Carl Icahn, Phil Falcone & Sprott Asset Management
Famous activist investor Carl Icahn was assumed to be one of the forces behind the deal between Dollar Tree, Inc. (NASDAQ:DLTR) and Family Dollar Stores, Inc. (NYSE:FDO).
Hedge Fund Highlights: Wilbur Ross, Steven Cohen & Michael Hintze
With the stock market recently at all-time highs, before Thursday's sharp selloff in futures and weakness earlier this week, it's more attractive to sell than buy, private-equity...
Hedge Fund Highlights: Steven Cohen, George Soros & Bill Ackman
Patricia Cohen, the ex-wife of SAC Capital Advisors LP founder Steven Cohen, has subpoenaed the U.S.
Hedge Fund Highlights: Carl Icahn, Paul Singer & Philip Falcone
Questions about how to apply securities law to activist investors could complicate any potential insider trading case against billionaire Carl Icahn, pro-golfer Phil Mickelson...
Hedge Fund Highlights: Warren Buffet, Kyle Bass & Julian Robertson
A total of 127 individuals or families from 12 countries and 26 U.S.
Hedge Fund News: John Burbank, Phil Falcone & Jim Rogers
From Asian Internet stocks, which have boomed over the last year, to food and paper products companies, prominent hedge fund investors listed their favorite stocks on Thursday...
Hedge Fund News: Steven Cohen, John Paulson & Dan Loeb
Embattled hedge fund titan Steven A. Cohen is freaking out that his Manhattan apartment, on the market at a bank-busting $98 million, just isn't selling.
Hedge Fund News: Bill Ackman, Tom Sandell & Relational Investors
Maybe Bill Ackman should stick to Chicago-area companies.
Hedge Fund Highlights: Andy Hall, Chuck Royce’ Royce & Associates, Advanced Micro Devices, Inc. (AMD)
Prominent oil trader Andy Hall told investors in his Astenbeck hedge fund he is working to limit downside risks from the current oil rally as the $4.5 billion fund rose modestly...
Hedge Fund News: Steven Cohen, Harbinger Capital, Google Inc (GOOG)
The Securities and Exchange Commission is delaying its civil action against billionaire hedge-fund manager Steven A.
Hedge Fund News: David Tepper, SAC Capital, Sony Corporation (ADR) (SNE)
If you invested $1 million in David Tepper’s hedge fund 20 years ago, how much would you be worth today? How about $149 million? That’s what Appaloosa Management, the hedge...
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.
Hedge Fund News: David Einhorn, George Soros, Netflix
Hedge fund whiz David Einhorn gave a presentation at the Great Investor's Best Ideas investment symposium in Dallas on Tuesday.
Hedge Fund News: Mitt Romney, Ricky Sandler, Louis Bacon
You know that really damaging hidden camera footage of Mitt Romney that's making the rounds today? Mother Jones' David Corn has revealed that the tapes come from a fundraiser ...
Hedge Fund News: Goldman Sachs, Bernard Madoff, Bill Ackman
New York City, embracing an experimental mechanism for financing social services that has excited and worried government reformers around the world, will allow Goldman Sachs to...
Hedge Fund News: Yahoo, David Einhorn, Dan Loeb
Hedge fund manager Daniel Loeb has upped his stake in Yahoo Inc (YHOO.O) by about 2.5 million shares, according to a regulatory filing with the Securities and Exchange Commission...
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...
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...
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.
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 lately.
Hedge Fund News: Ackman & CP, LightSquared, Asia Hedge Funds…
Canadian Pacific Railway Ltd.’s (CP) support for Chief Executive Officer Fred Green doesn’t make sense because the company’s performance trails all of its North American...
FCC Handling of Harbinger’s LightSquared Under Question
Phil Falcone’s Harbinger Capital is famous for making unpopular investments and profiting wildly from them.
Hedge Fund News: Bluecrest, Japan’s Debt, Jim Rogers, Stock Picks…
Troy Gayeski, senior portfolio manager at SkyBridge Capital LLC, discusses liquidity conditions for hedge funds and high-yield bonds, and efforts by the U.S.
Bill Ackman, Phil Falcone’s LightSquared, Hedge Funds and Greece
Canadian Pacific Railway Ltd (CP) said William Ackman's hedge fund Pershing Square Capital Management has asked to elect five of its nominees to the company's board as the proxy...
Icahn Said to Buy LightSquared Debt, Seth Klarman Invests In Europe, Greece Nears Debt Deal, Etc…
Billionaire Carl Icahn has purchased debt from Philip Falcone’s LightSquared Inc.’s bondholders as the satellite-broadband-service provider struggles to start service, two...
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 struggles to start service," reports...
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 and FAA, on the viability...
Insider-Trading Probe News, Kodak Filed Bankruptcy, Hedge Fund May Sue Greece, etc.
As a profit-making endeavor, managing other people’s money is hard to beat. The business requires very little invested capital.
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 end to its plan to institute a...
Canadian Pacific Cautioned Ex-Chief To Stay Away From Ackman, Icahn Buys $CVI, European Hedge Funds Bet China Down
The Canadian National Railway publicly cautioned its former chief executive, E. Hunter Harrison, on Friday against participating in the hedge fund manager William A.
Paulson Persists With Property, Coleman Raise $XRS, Top 10 Fund Managers Loved By Hedge Funds, Hedge Funds On Greek Debt…
Paulson’s credit funds owned at least $2.4 billion of mortgage- backed securities on a “notional” basis in the third quarter, or at least 20 percent of its holdings, according...
HFs Bet On Greek Default, HFs Urge To Remove Private Funds’ Restrictions, Soros’ Predictions, Rogers Still Owns The Euro
Move over, John Arnold: the U.S. natural gas market has a new hedge-fund king, operating as skillfully and mysteriously as the ex-Enron wunderkind who once wowed the trade.
Harbinger’s LightSquared Gets Break in $13.5B Deal with Sprint $S
Phil Falcone's Harbinger Capital finally gets a break.
Elliott Sells Relativity Media Stake, Cohen Adds Member, Seth Klarman’s Mega-Quarry Investment, Sprint Invests In Lightsquared
Hedge funds sank almost 5% last year amidst market volatility and the European sovereign debt crisis.
Hedge Funds Took In $3.6 Billion In November, Lampert Cuts Autozone
Elliott Management Corp., the hedge fund that backed filmmaker Relativity Media LLC, said the executive overseeing the entertainment investment is leaving as the company reduces...
Falcone’s LightSquared Hires Montagner as New CFO
Phil Falcone's troubled wireless venture, LightSquared, is getting a new CFO, reports FINAlternatives.
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.
Afternoon Aggregate News: David Einhorn’s “Big Short”, Amaranth’s $77.1 Million Settlement
Hedge fund manager David Einhorn is taking an even harder line against Green Mountain Coffee Roasters (GMCR.O), his big short trade, claiming a recent audit committee review of...
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 could run out of money during the second...
Paulson’s Gold Plunges, LightSquared Disrupts Plane Safety, Marketer Pay Increases
The hedge-fund titan John Paulson, enduring the worst year in his career, may be facing a final blow from this month’s selloff in gold, an investment that mitigated losses at...
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).
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 charges are likely according...
Hedge Funds Liquidations Up, Taylor Losses, Highbridge Makes Arjun Asia Head
Hurt by the market volatility triggered by the European sovereign debt crisis, hedge funds went out of business at the fastest pace in more than a year in the third quarter, according...
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.
Phil Falcone’s Harbinger Capital Down 17% in September
Phil Falcone's Harbinger Capital lost big last month according to Reuters.
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 Post.
Phil Falcone In Heat Over LightSquared
Philip Falcone, founder and manager of Harbinger Capital Partners, is facing heat for his investment in LightSquared.
