-
2020: The Year Of The SPAC
Tuesday, January 5, 2021 - 2:47pm | 1657Read More...After spending years in the investing wilderness, SPACs suddenly became one of the hottest routes to the public market in 2020. Why have SPACs suddenly become so popular and which ones should investors watch out for? Investors Love A Fad 2017 was the year of cryptocurrency mania, 2018 saw...
-
Bill Ackman Crushed The Market Again In 2020
Thursday, December 31, 2020 - 4:59pm | 484Read More...Rumors of Bill Ackman’s demise were greatly exaggerated. After a brutal three-year stretch from 2015 to 2017, Ackman’s Pershing Square Holdings Ltd (OTC: PSHZF) has now put together back-to-back years of stellar returns, and Ackman has eased fears that he lost his stock-picking touch....
-
Fintech Focus For December 31, 2020
Wednesday, December 30, 2020 - 6:48pm | 1939Read More...Quote To Start The Day: Celebrate endings—for they precede new beginnings. Source: Jonathan Huie One Big Thing In Fintech: In a recent outlook for North American and European fintech, Fitch Ratings acknowledged that the sector fundamentals should remain resilient next year, despite pandemic-...
-
Why Kevin O'Leary Is Betting On Bill Ackman's Pershing Square Tontine SPAC
Thursday, December 10, 2020 - 5:05pm | 629Read More...Investor Kevin O’Leary presented at the inaugural Benzinga Global Small Cap Conference. Among the many topics he covered in his presentation was his thoughts on SPACs. O’Leary On SPACs: SPACs are a competition to private equity, O’Leary told Benzinga's Jason Raznick...
-
Mastercard Considers Cutting Ties to Pornhub After Child Abuse Content Allegations: Bloomberg
Sunday, December 6, 2020 - 9:57am | 304Read More...Mastercard Inc (NYSE: MA) is rethinking its connections to Pornhub.com parent company MindGeek after a New York Times op-ed alleged Pornhub streams video content involving child abuse and non-consensual violence, Bloomberg has reported. What Happened: Columnist Nicholas Kristof ...
-
Bill Ackman's Pershing Square Holdings Nets 62.8% Gains In The Year
Wednesday, December 2, 2020 - 1:06am | 271Read More...Billionaire hedge fund manager William Ackman’s Pershing Square Holdings Ltd (OTC: PSHZF) has fetched 62.8% in net gains on a year-to-date basis, according to the November report released by the investment trust. The Ackman-led company's otc shares have grown 72% from...
-
Q3 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios
Tuesday, November 17, 2020 - 12:00pm | 2360Read More...The latest round of 13F 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. Takeaways From 13F Season: Investors who follow particular fund managers can easily look up what each was...
-
Seth Klarman Bets Big On Bill Ackman, Other SPACs
Monday, November 16, 2020 - 3:00pm | 356Read More...Hedge fund manager Seth Klarman revealed several investments in SPACs during the third quarter, including a big bet on the largest SPAC from Bill Ackman. What Happened: A 13F filing from the third quarter reveals Klarman's Baupost Fund took a new 17.5 million-share stake in Pershing Square...
-
Fintech Focus For November 13, 2020
Thursday, November 12, 2020 - 6:51pm | 1822Read More...Quote Of The Day: The purpose of our lives is to be happy. - Dalai Lama Fintech Movers: Sandboxes offered by various federal and private banks, regulators, and large-scale organizations reflect the changing environment of bringing innovation to the table through collaboration. - MEDICI NYCE...
-
Bill Ackman Bets Against Market Recovery Again, Despite COVID-19 Vaccine Hopes
Wednesday, November 11, 2020 - 5:14pm | 569Read More...Famed hedge fund manager Bill Ackman had his best trade of all-time earlier this year when he bet against the market, and he's placing a similar bet again despite the market optimism surrounding the development of a COVID-19 vaccine. What Happened: Business Insider reports that Bill...
-
Bloomberg Denies Report Of Minority Stake Sale Talks With Bill Ackman's SPAC
Wednesday, October 21, 2020 - 3:28am | 368Read More...Financial media juggernaut Bloomberg LP has denied a media report that claimed the company is exploring a deal to sell a minority stake to a company controlled by billionaire investor Bill Ackman. What Happened: "A report today about Bloomberg LP ownership is not true. The company is...
-
Q3 The Busiest Since 2014 For IPOs, Led By Unicorns, SPACs
Monday, October 12, 2020 - 2:25pm | 910Read More...The third quarter saw 86 companies go public via a traditional IPO. In the third quarter, 165 special purpose acquisition companies also raised funds. Breaking Down IPO Trends: Health care and technology were the two largest sectors in the third quarter for funds raised. Offerings were up...
-
Kevin O'Leary Shares SPAC Picks, Impressions
Wednesday, September 30, 2020 - 3:26pm | 639Read More...Entrepreneur and "Shark Tank" judge Kevin O’Leary shared his takeaways on special purpose acquisition companies Tuesday on CNBC’s "Halftime Report." Investing in Leadership: O’Leary said it’s smart to invest in operators with a "long track...
-
SPAC Stocks Fall After SEC Chairman Pushes For Additional Disclosures
Thursday, September 24, 2020 - 11:18am | 622Read More...Special purpose acquisition companies, or SPACs, have been one of the hottest ways for companies to go public and raise money in 2020. This year has seen $42 billion raised from SPACs, more than the last five years combined. What Happened: SEC Chairman Jay Clayton was interviewed on CNBC...
-
Barron's Picks And Pans: Ackman Picks, Albertsons, Nvidia And More
Sunday, September 20, 2020 - 8:08pm | 821Read More...This weekend's Barron's cover story offers ways to profit from the digital-payment future. Other featured articles discuss how to invest in the post-COVID world, where to look overseas for bargains, and how Bill Ackman is positioned now. Also, the prospects for a supermarket operator, a...
