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CEOs Vs. Hedge Fund Managers: Who Gets Paid Better?
Thursday, May 26, 2016 - 10:49am | 715Do you want to become a billionaire? What about running a company? Ever wondered if you’d get richer making it to CEO or as a money manager? Well, Benzinga’s got some pointers for you. The Associated Press and Equilar, an executive data firm, recently published a list of the 10 highest-...
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Everything You Need To Know About Apple In The Hedge Fund World
Monday, May 16, 2016 - 5:13pm | 344Shares of Apple Inc. (NASDAQ: AAPL) gained 3.71 percent on Monday. The tech behemoth was among the most popular stocks among money managers. Below is a look into some of the most relevant 13F moves and positions seen in Apple in the January to March period. Stealing the thunder was Berkshire...
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David Tepper: Stocks Will Grind Higher, Fed Is Right On Policy
Monday, May 16, 2016 - 10:54am | 182Billionaire investor David Tepper knows a thing or two about investing, and recently sat down with Forbes to discuss his outlook for the U.S. market and the Federal Reserve. According to Tepper, the Federal Reserve will be "very, very patient" in raising interest rates given their view that...
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David Tepper's Q1 Moves: Apple, Valeant And Much More
Friday, May 13, 2016 - 4:56pm | 499Appaloosa, the investment firm managed by David Tepper, filed its 13F for the first quarter of 2016. After initiating 11 new stakes, increasing its exposure to 17 more companies, trimming its participation in 16 stocks, and selling out of 14, the firm’s equity portfolio’s value rose...
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Sohn Strategy: Go Long The Shorts, Short The Longs
Thursday, May 5, 2016 - 1:57pm | 578This year’s Ira Sohn Conference took place on Wednesday, and high-profile investors and fund managers gave attendees plenty of investment advice. Unfortunately, the track record of Ira Sohn presenters is not so great. Here’s a rundown of some of last year’s key stock picks: David...
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TerraForm Power Ticks Up As David Tepper Raises Take
Friday, April 1, 2016 - 9:41am | 121Shares of TerraForm Power Inc (NASDAQ: TERP) were trading higher by more than 4 percent after Friday's market open as a major investor disclosed an increased stake in the company. David Tepper's Appaloosa Capital revealed in a regulatory filing that it has increased in stake in...
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Barron's 2016 Roundtable, Part 1: 'A World Of Possibilities'
Sunday, January 17, 2016 - 7:24pm | 702The cover story in this weekend's Barron's offers the first part of the Barron's 2016 Roundtable. The panelists see few gains for the market in 2016, but name some current picks. Other feature stories include a look at how Barron's bullish stock picks for 2015 fared, as well as what to expect from...
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Appaloosa Sues Sunedison; Stock Crashing
Wednesday, January 13, 2016 - 11:21am | 414Sunedison Inc (NYSE: SUNE)'s stock spiked down on Wednesday morning. Reuters reported that Appaloosa Management is suing the company. According to Reuters, Appaloosa Management, led by David Tepper, is suing SunEdison's YieldCo, TerraForm Power Inc (NASDAQ: TERP) from taking over...
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Why Short Interest Surged In These 3 Solar Stocks
Tuesday, December 15, 2015 - 10:32am | 960Short interest in many leading solar stocks grew in the most recent period. Sunedison Inc (NYSE: SUNE), TerraForm Power Inc (NASDAQ: TERP) and Sunrun Inc (NASDAQ: RUN) saw sharp increases in short interest in late November. Short sellers lost interest in just a few solar stocks late in the month...
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TerraForm Gets Better Terms On Vivint Solar Merger After David Tepper Calls Deal Unfair
Wednesday, December 9, 2015 - 1:46pm | 486TerraForm Power Inc (NASDAQ: TERP), the renewables yield company, on Wednesday announced it has improved the terms of its agreement and has revised the Vivint Solar portfolio of installed residential rooftop solar systems in connection with the planned merger of Vivint Solar Inc (NYSE: VSLR) with...
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Tepper Not Only Reason For TerraForm Price Explosion: This Analyst Upgraded Stock Night Before
Tuesday, December 1, 2015 - 1:16pm | 410Shares of TerraForm Power Inc (NASDAQ: TERP) gained more than 20 percent on Tuesday. Investors and traders attributed the surge in the stock to notable hedge fund manager David Tepper's letter to management. Perhaps flying under the radar, Colin Rusch of Oppenheimer upgraded shares of...
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David Tepper: SunEdison Is Holding Back TerraForm's Value
Tuesday, December 1, 2015 - 12:01pm | 613Shares of Sunedison Inc (NYSE: SUNE) have plunged nearly 85 percent over the past year. Hedge fund manager David Tepper delivered a scathing letter to the company's Board of Directors on Tuesday. Tepper highlighted the company's "strategic focus around acquiring projects...
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David Tepper's Top Q3 Moves Include General Motors, Airlines And Alibaba
Sunday, November 15, 2015 - 3:19pm | 58213F Friday is finally here, and therefore investors learn what the picks and pans were from institutional investors over the third quarter. On late Friday, David Tepper’s Appaloosa Management LP disclosed its long equity stakes as of September 30, 2015. Over the third quarter, the hedge fund...
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David Tepper Dishes On Apple, Alibaba And China's 'Learning Curve'
Thursday, September 10, 2015 - 1:36pm | 384David Tepper of Appaloosa Management discussed Apple, Alibaba and China on CNBC’s "Squawk Box." Shares of Apple surged on Thursday trading, while Alibaba's stock fell. Tepper disclosed he is long Apple, but has closed his stake in Alibaba. David Tepper of Appaloosa...
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Tepper: It's A Good Time To Take 'A Little Cash Off The Table'
Thursday, September 10, 2015 - 1:17pm | 377David Tepper was on CNBC and explained why it's a good time to take "a little cash off the table." He thinks markets need a correction. If there were a correction, he would be buying. Appaloosa Management’s David Tepper appeared on CNBC’s "Squawk Box" on Thursday...