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Musk mocks hedge fund owner Einhorn over Tesla shorts

November 8, 2019 admin Comments Off on Musk mocks hedge fund owner Einhorn over Tesla shorts

A copy of the letter posted by the Zerohedge https://www.zerohedge.com/markets/major-hedge-fund-capitulates-tesla-short-david-einhorn-accuses-musk-significant-fraud blog and dated Oct. 30, quoted Einhorn as saying that his Greenlight Capital fund made material losses on Tesla in the second quarter. “Unit sales in the June quarter improved more than we expected compared to the March quarter,” he wrote in the letter, according to the text posted on Zerohedge. …read more […]

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FCC orders station groups to negotiate with AT&T in DirecTV dispute

November 8, 2019 admin Comments Off on FCC orders station groups to negotiate with AT&T in DirecTV dispute

The Federal Communications Commission on Friday said it was directing nine broadcast station groups to return to the negotiating table over whether to allow local stations to air on AT&T Inc’s DirectTV after some consumers have been without access for five months. In June, AT&T filed a bad faith complaint against the nine individual station owners, which collectively pulled 20 stations in 20 cities from DIRECTV, DIRECTV NOW and/or U-verse. The nine station groups are either managed or controlled by Sinclair Broadcast Group , AT&T said. …read more […]

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Tailored Brands, Inc. (TLRD): Hedge Funds In Wait-and-See Mode

November 8, 2019 admin Comments Off on Tailored Brands, Inc. (TLRD): Hedge Funds In Wait-and-See Mode

World-class money managers like Ken Griffin and Barry Rosenstein only invest their wealthy clients’ money after undertaking a rigorous examination of any potential stock. They are particularly successful in this regard when it comes to small-cap stocks, which their peerless research gives them a big information advantage on when it comes to judging their worth. […] …read more […]

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Hedge Funds Have Never Been This Bullish On Ideanomics, Inc. (IDEX)

November 8, 2019 admin Comments Off on Hedge Funds Have Never Been This Bullish On Ideanomics, Inc. (IDEX)

At Insider Monkey, we pore over the filings of nearly 750 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we’ve gathered as a result gives us access to a wealth of collective knowledge based on these firms’ portfolio holdings as of June 28. In this […] …read more […]

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Gap CEO Out, Done In by Fashion Missteps and Fading Brands

November 8, 2019 admin Comments Off on Gap CEO Out, Done In by Fashion Missteps and Fading Brands

(Bloomberg) — No longer the khaki king of the ’90s, Gap Inc. has been in need of an overhaul for a very long time — and Art Peck won’t be the one to deliver it after all.Gap fired its chief executive officer late Thursday after his turnaround efforts failed to reignite sales growth, with disappointing third-quarter performance sending shares plummeting in late trading. The apparel company that includes the namesake Gap brand, Athleta and Banana Republic brought back a member of the founding family to lead the company while it figures out a longer-term plan.The shares fell as much as …read more […]