Appaloosa

After 26 years, billionaire hedge fund manager David Tepper is shutting down his Appaloosa LP to outside investors. The Wall Street Journal has reported Tepper plans to return outside clients’ money as the 61-year-old Tepper plans to spend more time on the Carolina Panthers, the NFL team for...

Allergan plc (NYSE: AGN)’s board of directors fielded criticism Tuesday for diminishing share value with a “half-hearted strategic review” and for touting an arbitrary debt-reduction goal to justify acquisition pursuits. “It is now clear that fresh thinking is absent from...

The latest round of 13-F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Here’s a rundown of how the smart money was playing some of the most popular stocks last quarter....

Appaloosa, 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...

David Tepper, manager of Appaloosa Management is making headlines for the second time this week with picks in his 13F filing. Top Buys Facebook (NASDAQ: FB) was initiated in Appaloosa with 478,500 shares. This position is especially interesting because the recent downturn in social media...