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Everything You Need To Know About The ADP Drama
Friday, August 18, 2017 - 9:54am | 403Activist hedge fund manager Bill Ackman once again finds himself in a battle with some of Wall Street’s heavy hitters. Ackman’s Pershing Square recently took an 8 percent ownership stake in Automatic Data Processing (NASDAQ: ADP) and nominated three directors to join ADP’s board....
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Investor Robert Chapman Cuts Stake In Lumber Liquidators
Thursday, April 2, 2015 - 2:05pm | 126CNBC's Scott Wapner tweeted that activist investor Robert Chapman had cut his position in Lumber Liquidators Holdings Inc (NYSE: LL) EXCLUSIVE: Chapman reduces $LL position by HALF into today's rally. Had $30/shr cost-basis. Says margin contraction makes PE expansion hard —...
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Robert Chapman Explains What Made Him Go Long On Lumber Liquidators
Thursday, March 12, 2015 - 9:03am | 396Shares of Lumber Liquidators Holdings Inc (NYSE: LL) opened strong and spiked up significantly post the opening on news that activist investor and CEO of Chapman Capital, Robert Chapman, has taken a long position in the stock. Chapman was on CNBC Wednesday to discuss why he is bullish on Lumber...
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Herbalife Shares Rise Despite Reported Ackman SEC Complaint, Bob Chapman Is Astounded (HLF)
Monday, August 5, 2013 - 1:52pm | 567Reports circulated Monday that activist investor Bill Ackman has filed a complaint to the Securities and Exchange Commission over comments made by George Soros which reflected his intent to acquire a stake in nutritional supplement company Herbalife (NYSE: HLF). Ackman alleges that Soros broke...
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Chapman Says You Should Own Herbalife Even In The Low $60s (HLF)
Wednesday, July 31, 2013 - 1:04pm | 361Robert Chapman of Chapman Capital came onto CNBC to talk to Scott Wapner Wednesday afternoon about his position in Herbalife (NYSE: HLF). Here are some highlights from the interview: His Portfolio Herbalife constitutes the largest position of all his portfolios Some Clients have as...
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Herbalife Will Remain Volatile Ahead of Earnings
Wednesday, January 16, 2013 - 5:07pm | 564Herbalife (NYSE: HLF) has been one of the most volatile and heated stocks over the last year. In April of 2012, shares were trading above $70, having steadily rallied back from the March 2009 low near $6.50 per share. Then, hedge fund manager David Einhorn asked a few questions on Herbalife's...
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Dan Loeb's Third Point Capital Takes 8.2% Stake in Herbalife; SEC Opens Inquiry Into Company
Thursday, January 10, 2013 - 9:02am | 1100The Herbalife (NYSE: HLF) saga continued on Wednesday as famed hedge fund manager Dan Loeb's Third Point Capital revealed that it has acquired an 8.2 percent stake, valued at around $350 million, in the embattled multi-level marketing company. Later on in the day, the SEC announced that it was...