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Andrew Ross Sorkin: Maybe Bill Ackman Was Right On Herbalife
Tuesday, August 2, 2016 - 8:56am | 387Read More...The feud between Herbalife Ltd. (NYSE: HLF) and activist investor Bill Ackman has presented itself with a clear winner and loser over the past few years, right? Ackman's short thesis on Herbalife hasn't panned out. He accused the company of operating as an illegal pyramid scheme and...
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9 Finance Films To Watch After The Closing Bell
Friday, December 11, 2015 - 11:02am | 1498Read More...After a long week at work, there are few better ways to wind down than by holding an at-home movie marathon. However, instead of rotting your brain with the latest slapstick comedies, there is a plethora of films out there that can provide a bit of knowledge or at very least, some motivation to...
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Why Shares Of AOL Are Giving Back Some Early Gains
Tuesday, January 6, 2015 - 9:44am | 157Read More...Shares of AOL, Inc. (NYSE: AOL) surged after reports surfaced that the company has been approached by Verizon Communications Inc. (NYSE: VZ) who may be interested in acquiring the company or taking part in a joint venture. Shares of AOL traded as high as $50.75 in Tuesday's pre-market...
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Lloyd Blankfein: This Could Very Well Be The Chinese Century
Thursday, December 11, 2014 - 1:13pm | 364Read More...While some on the Street are worried about the downturn in Chinese economy and its possible ramifications, others strongly believe that there is no stopping China in the 21st century. Lloyd Blankfein, chairman and CEO of Goldman Sachs Group Inc (NYSE: GS), is one of the optimists when it comes to...
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Lloyd Blankfein On The State Of U.S. Economy, Slump In Oil Prices
Thursday, December 11, 2014 - 12:16pm | 365Read More...Lloyd Blankfein, chairman and CEO of Goldman Sachs Group Inc (NYSE: GS), seems to understand that you can't ever be too bearish if you run an investment business. Blankfein was recently interviewed by CNBC's Andrew Ross Sorkin about the outlook for the U.S. economy and the fall in oil...
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Ackman Pledges Support For Actavis Bid On Allergan
Tuesday, November 18, 2014 - 2:10pm | 432Read More...Allergan, Inc.'s (NYSE: AGN) long-running rumble with Bill Ackman got officially called off Tuesday when the activist investor said he supports a $219 a share winning bid by Actavis plc (NYSE: ACT). Ackman, part of a tag team that included Valeant Pharmaceuticals Intl Inc (NYSE: VRX)...
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Trian's Nelson Peltz Urges PepsiCo to Buy Mondelez (PEP, MDLZ)
Thursday, July 18, 2013 - 9:24am | 535Read More...As a rule, when activist shareholders and large corporations lock horns, sparks fly. Such was the case with Trian Fund Management LP’s Nelson Peltz and PepsiCo (NYSE: PEP). According to Bloomberg, Peltz, who has been involved in several large food industry deals, said Wednesday that the world...
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Legendary Bank Analyst Dick Bove Says This Will Be The 'Best Quarter in the History of the Banks'
Tuesday, April 16, 2013 - 9:39am | 380Read More...Dick Bove dropped into Squawk Box Tuesday morning to speak with Andrew Ross Sorkin and company about financial sector earnings and the stock performance for the year to come. Here are some highlights: On the Goldman Sachs (NYSE: GS) Earnings All core businesses did pretty well quarter over...
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A Retort to Andrew Ross Sorkin on ETFs
Tuesday, October 11, 2011 - 1:26pm | 878Read More...In a late night post on New York Times Dealbook, Andrew Ross Sorkin, wrote a post talking about the "evilness" of ETFs. Sorkin interviewed Doug Kass, of Seabreeze Partners Management and other hedge fund managers about leveraged ETFs, and the supposed volatility they have caused in recent weeks...
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Should Steve Jobs Give Away His Billions?
Tuesday, August 30, 2011 - 12:38pm | 1095Read More...More than 50 investors, entrepreneurs and corporate execs have signed the Giving Pledge. Steve Jobs isn't one of them. If you assumed that all billionaires were the same, you might be surprised to hear this. After all, the pledge was started by Bill Gates and Warren Buffett. Mark Zuckerberg, Steve...
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Andrew Ross Sorkin (Sorta) Defends Blankfein On Perjury Accusations
Tuesday, June 7, 2011 - 1:40pm | 256Read More...Andrew Ross Sorkin wrote an interesting piece on the accusations that have been leveled against Goldman Sachs CEO Lloyd Blankfein that he perjured himself in congressional testimony regarding the investment bank's positioning in the mortgage market prior to the collapse. Blankfein told the...
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"Too Big To Fail" Is Bailout Worthy
Tuesday, May 24, 2011 - 1:49pm | 309Read More...I watched "Too Big to Fail" last night, and I have to say that the HBO movie was much better than expected, and it gives a mostly accurate depiction of what happened during the 2008 financial crisis. The movie, taken from Andrew Ross Sorkin's best-seller, was able to depict the major players...
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Frank Quattrone: Back In The Game, Out Of The Spotlight (DELL, HPQ, TXN, NSM)
Thursday, April 7, 2011 - 10:45am | 277Read More...From Dell (NASDAQ: DELL) and Hewlett-Packard's (NYSE: HPQ) battle for 3Par to Texas Instruments' (NYSE: TXN) $6.5 billion acquisition of National Semiconductor Corporation (NYSE: NSM), Frank Quattrone has been an influential figure. As the leading investment banker in Silicon Valley, Quattrone has...
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Is Business Insider Next To Be Bought Out?
Tuesday, February 8, 2011 - 3:05pm | 92Read More...CNBC just reported that Business Insider might be the next web company to get acquired, in light of yesterday's purchase of The Huffington Post by AOL (NYSE: AOL). Andrew Ross Sorkin asked for comment from Business Insider editor-in-chief Henry Blodget, but Blodget tweeted that Business Insider...
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Goldman Sachs Invests $500 Million in Facebook, Currently Valued At $50 Billion (GS)
Monday, January 3, 2011 - 2:54am | 378Read More...Dealbook is reporting that Goldman Sachs (NYSE: GS) has invested $450 million in the social network site Facebook at a valuation of $50 billion. The report cites unnamed sources familiar with the transaction, and says that Russian investment firm Digital Sky Technologies, which has already plowed...
