-
Warren Buffett's Berkshire Hathaway Increases Exposure To IBM
Tuesday, September 8, 2015 - 1:17pm | 306Legendary investor and Berkshire Hathaway CEO Warren Buffett appeared on CNBC Monday and discussed several issues including the recent pullback and volatility in the market, his firm’s investment strategy, and his stakes in Phillips 66 (NYSE: PSX) and International Business Machines...
-
Sysco Rising After Nelson Peltz Reveals Activist Stake
Friday, August 14, 2015 - 3:17pm | 297Shares of SYSCO Corporation (NYSE: SYY) are trading up 6.7 percent on Friday afternoon, after Nelson Peltz’s Trian Partners disclosed a new activist position in the company. According to a Schedule 13D filed with the SEC, the fund acquired, over the past couple of months, 42,061,438 shares...
-
Hedge Fund Action: Dan Loeb Likes Baxter, Gabelli Prefers Global Sources
Wednesday, August 5, 2015 - 5:23pm | 307Many investors consider tracking hedge fund moves key to their strategy. So, let’s take a look at this week’s most relevant transactions involving large hedge funds. Third Point On Wednesday, Dan Loeb’s Third Point disclosed a new position in Baxter International Inc (NYSE:...