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How Does Bill Ackman's Chipotle Stake Compare To Other Activists In The Fast Casual Sector?
Thursday, September 8, 2016 - 5:42am | 465Read More...Shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) gained almost 6 percent Wednesday, after Bill Ackman’s Pershing Square disclosed a 9.9 percent stake in the restaurant operator. It should be noted that the 2,882,463 shares position has an activist nature, as suggested by the 13D SEC...
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CEOs Vs. Hedge Fund Managers: Who Gets Paid Better?
Thursday, May 26, 2016 - 9:49am | 715Read More...Do you want to become a billionaire? What about running a company? Ever wondered if you’d get richer making it to CEO or as a money manager? Well, Benzinga’s got some pointers for you. The Associated Press and Equilar, an executive data firm, recently published a list of the 10 highest-...
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The Most Important Message Investors Need For Earnings Season
Friday, January 30, 2015 - 10:31am | 1419Read More...Oil didn't go down. Bank stocks in Greece didn't crash. The dollar didn't make a new high. And rates didn't put in a new low. As a result, traders and their computers in the U.S. had the green light to hit the buy button for much of the day on Thursday. Yep, that's what...
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13F Filings Reveal Fund Managers Buying Alibaba
Monday, November 17, 2014 - 10:19am | 240Read More...Q3 SEC 13F filings from large fund managers show significant interest in Alibaba Group Holding Ltd (NYSE: BABA). Below are fund manager's Alibaba ownership stakes from the 13F filings. Third Point 7.2 million shares acquired. Valued at $639.72 million as of end of Q3 and would be worth...
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Wall Street Gears Up For 13F Filings
Thursday, May 15, 2014 - 12:47pm | 412Read More...Traders on Wall Street will be whale watching on Thursday, as 13F filings from the likes of high-profile players such as Warren Buffett, Bill Ackman and David Tepper will be hitting the newswires. A 13F is an SEC-required document that all institutional investment managers with over $100...
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Citadel Sells 27.4M Shares of E*TRADE, Time to Get Bearish or Time to Buy?
Thursday, March 14, 2013 - 10:33am | 408Read More...E*TRADE Financial (NASDAQ: ETFC) has taken a hit after the company announced a 27.4 million share secondary offering after the close Wednesday, but will it remain down today? The offering, which was offered by its affiliate Citadel, reportedly sold out in roughly eight minutes despite the pricing...
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Bank of America on E*Trade: Citadel to Sell Remaining Stake
Thursday, March 14, 2013 - 8:28am | 96Read More...Bank of America analyst Michael Carrier published a report on E*Trade (NASDAQ: ETFC) that maintained an Underperform rating and $10.00 price objective after Citadel announced they would sell its remaining stake. In the report, Bank of America said, "E*Trade announced that Citadel Equity Fund...
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Goldman Sachs, JP Morgan, Other Big Banks Deciding Fate of Greek CDS's
Thursday, March 1, 2012 - 11:19am | 523Read More...The International Swaps and Derivatives Association (ISDA) ruled today that the latest debt swap arrangement, which imposes a 53.3% haircut on the Greek bonds, is not a "credit event" that will trigger the credit default swap contracts. Essentially, this means that the investors, who had bought...
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Apple: Hedge Fund Ownership Makes It the King Kong of Crowded Trades
Friday, February 24, 2012 - 4:59pm | 1041Read More...When examining the investment merits of Apple (NASDAQ: AAPL), it is not hard to see why the company has become THE darling of Wall Street. Everyone is making money in this name. Furthermore, it looks like this story is far from over. Everything continues to line up for the stock and it looks like...
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No Longer Seeing Green: E*Trade Financial in a Transitional Phase
Tuesday, February 14, 2012 - 10:58am | 461Read More...E*Trade Financial, (NASDAQ: ETFC) a website that promises to take your investments to the next level, has come under quite a bit of pressure within the last few months to step up its game. The online broker fell 20 percent in January from a year earlier, which was actually, believe it or not, seen...
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Citadel Initiates Coverage of Nelnet with Add and PT of $24
Thursday, July 28, 2011 - 5:54am | 37Read More...Citadel initiated its Coverage of Nelnet (NYSE: NNI) with an Add rating and a price target of $24. On Wednesday, NNI lost 1.18% of its value to finish the day at $20.06.
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UPDATE: Citadel Analyst Says Sprint to Get Apple iPhone
Wednesday, July 6, 2011 - 12:12pm | 14Read More...Read more here.
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Citadel Upgraded Hyatt Hotels to Add, Raises PT to $48
Wednesday, June 29, 2011 - 8:45am | 47Read More...Citadel upgraded its rating on Hyatt Hotels (NYSE: H) from Neutral to Add. At the same time, Citadel raised its price target on the company's stock from $47 to $48. In today's trading, Hyatt added 2.12% to its value to trade around $40.85.
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Citadel Reiterates Reduce and PT of $29 on Texas Instruments
Thursday, June 9, 2011 - 7:28am | 109Read More...Citadel reiterated its Reduce rating and PT of $29 on Texas Instruments (NYSE: TXN). In a research report published today, Citadel states, "Given its sell-in revenue recognition model and expectations for an increase in already elevated internal inventories... TI's earnings could be among the most...
