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Tesla is looking to raise $1.5 billion for Model 3 ramp-up
Tesla said Monday it intends to raise about $1.5 billion in a bond offering as the US automaker seeks to ramp up production of its newest electric sedan, the Model...
David Einhorn gets smacked down at GM's annual meeting
Greenlight Capital just hit a red light at the General Motors shareholder meeting. Billionaire David Einhorn’s activist hedge fund had been pushing investors to vote three of his nominees to...
Ford's new CEO might not help the auto giant's stock
Ford’s unexpected decision to replace its chief executive on Monday may not be the catalyst that revives its slumping share prices. Shares of the second-largest US automaker rose 2.1 percent...
Einhorn chat takes this oil company's shares on a roller coaster ride
How are these traders going to explain this one? A number of too-quick-on-the-trigger investors drove shares of Core Laboratories up as much as 3.7 percent shortly after 3:30 p.m. Monday...
Einhorn claims GM misled ratings agencies on his stock-split proposal
David Einhorn is accusing General Motors of twisting the facts as he tries to shake up the company’s board. The billionaire’s hedge fund Greenlight Capital said on Wednesday it has...
Warren Buffett almost triples Apple stake
Warren Buffett bit deep into Apple in the fourth quarter. The billionaire investor behind Berkshire Hathaway more than tripled the number of shares he owns of Cupertino, Calif., company, to...
One hedge funder stands out as rough 2016 comes to a close
In an another tough year for hedge funds — where the industry was forced again to defend its high fees and generally underwhelming returns — Jason Mudrick’s $1.4 billion Distressed...
Chemours shares jump 11% after Einhorn blasts short-seller
Hedgie David Einhorn thinks noted short-seller Andrew Left’s take on Chemours Co. is toxic. Einhorn’s Greenlight Capital on Tuesday reiterated its conviction in Chemours — and ripped Left’s contention that...
Greenlight's Einhorn takes a piece of Macy's
Macy’s real estate portfolio —valued at $21 billion — is once again proving to be more attractive than its $12 billion market capital. David Einhorn is the latest activist investor...
Einhorn's Greenlight Capital takes a beating on energy bets
Hedge fund investor David Einhorn’s energy bets are still hurting his investors. Einhorn’s Greenlight Capital Re, which invests alongside his hedge fund, fell 3.9 percent in November, the company reported...
Einhorn energy investment finally shows spark
It doesn’t sound like one of David Einhorn’s more brilliant bets. But that didn’t stop the hedge fund titan from pitching Consol Energy, an Appalachia-based coal and gas producer, as...
David Einhorn is getting pounded harder than any other hedge funder
The star of hedge fund mogul David Einhorn continued to fade in September, when a 3.5 percent drop gave his $10 billion Greenlight Capital hedge fund a stunning loss of...
Einhorn’s Greenlight Capital down 5.3% in August
The first August hedge-fund numbers are in — and they are not pretty. David Einhorn’s Greenlight Capital lost 5.3 percent in August — putting it down 14 percent for the...
Stubborn hedge fund titans continue making bets on gold
Most fund managers have finally thrown in the towel on gold — but not hedgie titans John Paulson and David Einhorn. Money managers are “net short” gold for the first...
David Einhorn wins big on fracking bet
David Einhorn’s magic is back. The New York hedgie’s fund, famous for short calls on Lehman Brothers among others, jumped 3.6 percent in May on the back of his attack...
Star-studded Robin Hood Foundation galas raise $101M
The Robin Hood Foundation raised a jaw-dropping and record-setting $101 million at its gala Tuesday night — and now it’s bent on raising a new generation of philanthropists as well....
David Einhorn drills down on fracking biz
David Einhorn called shale oil fracking a “business that burns cash and doesn’t grow anything.” The most expensive method of extracting oil, the industry simply can’t withstand lower oil prices, he...
David Einhorn's Greenlight Capital just makes 'D' grade
The “D” that star hedgie David Einhorn is wearing these days isn’t necessarily a monogram on a tuxedo jacket. In an annual report card handed out by hedge fund investors,...
Famed short seller barely breaks even after Green Mountain stock soars
Famed short seller David Einhorn must have a bitter taste in his mouth over his two-and-a-half-year battle against Green Mountain Coffee Roasters. Last month, Einhorn’s Greenlight Capital, his flagship fund,...
Chipotle too hot for Einhorn
Chipotle is proving too hot for hedge-fund manager David Einhorn. Einhorn’s Greenlight Capital eked out only a 1.2 percent gain for October, according to a source. That compares to a...