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Burger King Offers Whopper Pay Day To Investors Monday
Monday, August 25, 2014 - 3:39pm | 151Burger King Worldwide (NYSE: BKW) offered investor Bill Ackman a $300 million payday Monday after it confirmed it's in merger talks with Tim Hortons (NYSE: THI). Burger King traded recently up more than 20 percent at $32.65 a share, making Ackman's Pershing Square stake worth $1.33 billion, up...
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Market Wrap For April 8: Markets Bounce Higher As Earnings Season Begins
Tuesday, April 8, 2014 - 4:54pm | 2569U.S. stocks rose as major indices finished the day just barely in the green as the Dow was up as much as 50 points and lower by 65 points before settling the day gaining 10 points. The Nasdaq bounced back sharply from its worst three-day performance since 2011 as investors went bargain hunting...
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Pandora Spikes After Tiger Global Reveals Stake
Thursday, February 14, 2013 - 4:41pm | 157Shares of Internet radio company Pandora (NYSE: P) were nearly three percent higher on Thursday after the 13F filing from Chase Coleman's Tiger Global revealed that the hedge fund had bought 8.45 million shares. Tiger Global is primarily a value investing hedge fund, buying shares in companies...
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The Nine Stocks Tiger Cubs Love
Tuesday, September 4, 2012 - 8:52am | 1208The story of the so-called Tiger Cubs is well-known in hedge fund circles, and this group includes some of the best investors in the world. The "Tiger Cubs" refers to the group of hedge fund managers who learned their craft under the tutelage of legendary investor Julian Robertson, the founder of...