George Soros

Highlighting fourth-quarter 13F filings with the Securities and Exchange Commission, it was noted hedge fund legends David Einhorn and George Soros held sizable stakes in the largest gold miners ETF, the Market Vectors Gold Miners ETF (NYSE: GDX). To be fair to Soros, during the fourth quarter...

First, last Thursday, George Soros bought a nearly eight percent stake in J.C. Penney Corp. (NYSE: JCP). Then came word Friday afternoon, confirmed by J.C. Penney Monday morning that Goldman Sachs (NYSE: GS) has secured $1.75 billion in financing for the company, according to Reuters. What’s...

As we reported on Monday, Apple (NASDAQ: AAPL) has had its glut of press coverage lately. Even for Apple it feels like coverage is off the charts (pun intended). But while everybody was busy eulogizing Apple—you know, like Reuters did with the very much alive George Soros last week, the stock...

Famed currency investor George Soros, famous for "breaking the sterling" in the 1980's, has taken a large 7.9 percent stake in struggling retailer J.C. Penney (NYSE: JCP). Soros now is long the stock along with Pershing Square's Bill Ackman and now is opposed by Carl Icahn. Although he has taken a...

Futures Lower Ahead of GDP U.S. equity futures traded lower in early pre-market trade ahead of the key U.S. first quarter GDP report due out at 8:30 am eastern. Economists surveyed by Bloomberg are expecting a growth rate of 3.1 percent in the first quarter with the range of estimates between 2.3-...

Well, that’s embarrassing. How macabre it must be to find out that you’ve passed away. At one point, it was number four on Yahoo’s (NASDAQ: YHOO) most search list on Friday. That’s especially extraordinary when that day is Friday, April 19—where the understatement of the year might be that it...

Last week, when shares of J.C. Penney (NYSE: JCP) plunged and rumors about Herbalife (NYSE: HLF) going private surfaced, plenty of folks vilified Bill Ackman's Pershing Square Capital due to the hedge fund's positions in those stocks. Those who enjoy highlighting hedge fund manager trades gone...

Futures Lower on Weak Chinese Economic Data U.S. equity futures traded sharply lower in the pre-market following Friday's sell off on weaker than expected economic data from China. China reported that first quarter GDP grew at a 7.7 percent annualized rate vs. 8.0 percent expected, while...

Futures Slightly Lower Ahead of Employment Report U.S. equity futures declined in early pre-market trade ahead of the much anticipated Employment Situation Report from the Bureau of Labor Statistics. The average of economists surveyed by Bloomberg is expecting 193,000 jobs added, with the most...

Although the Libertarian Party never seems to climb out of the single digits in the polls, libertarians have a surprising influence in the business world and are well represented in a variety of sectors. Believe it or not, there's much more to libertarians besides Ayn Rand and Ron Paul....