Hedge Funds

Apollo Global Management, LLC (NYSE: APO) is reportedly seeking to acquire timeshare company Hilton Grand Vacations (NYSE: HGV) for about $40 a share, Bloomberg reported Monday, citing people familiar with the matter.  BUY $HGV - $APO TO BID $40 PER SHARE FOR $HGV — FastestTradingSignals...

A 13G filing from hedge fund manager Ken Griffin's Citadel Advisors shows a new 5% stake in Roku Inc (NASDAQ: ROKU). Griffin founded Citadel in 1990 and has since served as the firm’s CEO, managing over $32 billion in capital for its partners. In 2014. Griffin donated $150...

With more and more trading platforms and the growing allure of low-to-no-fee brokerages, new traders are confronted with a deluge of options when it comes to trading and investing. But lost in the promises of sleek interfaces and free shares for signing up is the fact that successful trading takes...

Billionaire investor Carl Icahn is closing his White Plains New York office and relocating to Florida and will do so with or without his current employees. What Happened Icahn told his Icahn Enterprises (NASDAQ: IEP) employees in a May 17 letter he will close the New York office on March 31, 2020...

T. Boone Pickens, who died Wednesday at 91, shook up the corporate world in the 1980s with his hostile takeover attempts. He was also a titan of U.S. oil and gas exploration — starting out as a wildcatter — and made and lost fortunes on the markets. Pickens, who was also a force in...

Energy industry pioneer, hedge fund manager, corporate raider and philanthropist T. Boone Pickens has died. He was 91. Pickens’ foundation and his spokesman announced he died Wednesday in Dallas from natural causes. Pickens had suffered in recent months from a series of strokes and head...

Benzinga's Fintech Focus Podcast features conversations with the biggest names in fintech. Subscribe to the Fintech Focus newsletter to get a roundup of industry news delivered to your inbox weekly, and check out upcoming programming at Benzinga events. In this episode of...

President Donald Trump on Monday praised an activist investor’s move to take a stake in AT&T Inc. (NYSE: T) and used the fund’s criticism of its acquisitions strategy to reiterate his own animosity toward news network CNN, which is owned by AT&T’s WarnerMedia, formerly...

Shares of AT&T Inc. (NYSE: T) gained 9% Monday morning after activist investor Elliott Management confirmed a $3.2 billion stake and detailed how AT&T can generate a potential 65% return. 'The Truth' Elliott Management said in a letter its large investment reflects a "deep...

Box, Inc. (NYSE: BOX) has responded to a 13D filing from activist investor Starboard Value, saying it's committed to maintaining an active and engaged dialogue with stockholders. It was revealed Tuesday afternoon that Starboard Value owns a 7.5% stake in Box. Box is a cloud content management...

Shares of GameStop Corp. (NYSE: GME) have lost more than 70% year to date amid growing concerns the market for video game retailers will continue to fall. However, at least one notable investor is optimistic about the company's outlook. What Happened Hedge fund manager Dr. Michael Burry,...

On June 3, U.K.’s most high-profile fund managers, Neil Woodford’s £3.75-billion ($4.55 billion) LF Woodford Equity Income Fund, was suspended as the fund manager struggled to free up cash to pay investors looking to get their money out. What Woodford...

The latest round of 13F filings from institutional investors were out this week, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways From 13F Season Investors who follow particular fund managers can easily look up what...

Forensic accountant and financial fraud investigator Harry Markopolos is perhaps best known for producing early research suggesting Bernie Madoff was running on a Ponzi Scheme. On Thursday, he dominated financial headlines again for publishing a report against General Electric Company (NYSE: GE)....

Billionaire activist investor Carl Icahn appeared on CNBC on Thursday and discussed several important topics on Wall Street, including the Occidental Petroleum Corporation (NYSE: OXY) buyout of Anadarko Petroleum Corporation (NYSE: APC), the health of the general market and the potential impact of...