Hedge Funds David Tepper

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  • Jan 27- SunEdison Inc added a former partner from David Einhorn's Greenlight Capital to its board, bowing to pressure from the hedge fund, which has sought a sale of the solar company or some of its assets. Shares of the company, which is also under attack from David Tepper's Appaloosa Management LP, rose about 1 percent to $3.09 in premarket trading on Wednesday.

  • Hedge fund billionaire opens shop in Miami Beach Thursday, 21 Jan 2016 | 1:44 PM ET

    Appaloosa recently opened a small office on Washington Avenue in the heart of South Beach, the Miami area's flagship vacation destination, according to public securities filings made this month and to people familiar with the situation. Tepper, 58, a former Goldman Sachs junk bond trader who is worth an estimated $11.6 billion according to Forbes magazine,...

  • Jan 13- David Tepper- led hedge fund Appaloosa Management LP sued to prevent SunEdison Inc's yieldco from taking over some of Vivint Solar Inc's assets after SunEdison acquires the rooftop panel installer. Appaloosa is seeking "immediate injunctive relief", given that SunEdison's acquisition of Vivint could close "at any time," the hedge fund said in a filing in a...

  • Jan 13- David Tepper- led hedge fund Appaloosa Management LP sued to prevent SunEdison Inc's yieldco from taking over some of Vivint Solar Inc's assets after SunEdison acquires the rooftop panel installer. The yieldco, TerraForm Power Inc, is to acquire Vivint's residential solar rooftop portfolio after SunEdison completes its acquisition of Vivint.

  • Dec 22- TerraForm Power Inc shareholder Appaloosa Management LP said it wants to inspect the books of the solar yieldco to learn more about its dealings with parent SunEdison Inc.. Hedge fund Appaloosa, headed by David Tepper, said on Tuesday its request was related to SunEdison's deal to buy Vivint Solar Inc.. SunEdison shares were down about 24 percent at $5.12...

  • Dec 1- Hedge fund Appaloosa Management LP said SunEdison Inc yieldco TerraForm Power Inc's proposed purchase of residential solar assets from SunEdison represented a change in TerraForm's business model and put shareholders at risk. SunEdison created TerraForm Power, and another so-called yieldco, TerraForm Global Inc, to hold solar and wind power...

  • Pro Uncut: The full interview with John Stumpf Tuesday, 1 Dec 2015 | 11:25 AM ET
    John Stumpf, CEO of Wells Fargo.

    John Stumpf, chairman and CEO of Wells Fargo, discussed at length his views on the stock market and economy on Tuesday morning.

  • Dec 1- Hedge fund Appaloosa Management LP sent a letter to SunEdison Inc yieldco TerraForm Power Inc, saying the company's move to buy higher-risk projects from the parent company raises concerns for TerraForm's stakeholders. The acquisition of the Vivint Solar portfolio of residential rooftop assets marks an "unfortunate departure" from TerraForm...

  • Tepper Quadrangle preps MBA students for 21st Century

    Robert Dammon, Dean of the Tepper School of Business at Carnegie Mellon, discusses David Tepper's investment in Carnegie Mellon's MBA program, and how technology is changing business.

  • Tepper: Believers of SunEdison rumor must be high Friday, 30 Oct 2015 | 12:02 PM ET
    David Tepper, at Carnegie Mellon University, October 30, 2015 in Pittsburgh.

    Billionaire David Tepper tells CNBC that investors who bought into rumors he might take a position in SunEdison must be smoking too much pot.

  • Pro Uncut: The full interview with David Tepper Friday, 30 Oct 2015 | 10:54 AM ET
    David Tepper

    David Tepper, whose firm Appaloosa Management has $20 billion under management, discussed at length what's next for the stock market with CNBC Friday morning.

  • Tepper: THIS could be 'magic formula' for stocks Friday, 30 Oct 2015 | 9:32 AM ET
    David Tepper

    If China were to really ease its monetary policy, such a move could be a new paradigm for U.S. stocks, the hedge fund billionaire tells CNBC.

  • Tepper: New paradigm in US stocks, if ...

    "People might underestimate if [China] straightens itself out ... how fast the Fed might have to raise rates," hedge fund billionaire David Tepper said Friday.

  • David Tepper's vision for Tepper Quadrangle Friday, 30 Oct 2015 | 8:11 AM ET
    David Tepper's vision for Tepper Quadrangle

    CNBC's Kelly Evans talks with Appaloosa Management President David Tepper about the building of the Tepper Quadrangle at Carnegie Mellon University, the markets and his top stock picks.

  • Tepper Quadrangle 'not just a business school': David Tepper

    This building is going to "walk the walk," says David Tepper, Appaloosa Management president, talking about a new academic vision at Carnegie Mellon University.

  • NEW YORK, Sept 15- Kyle Bass, founder of hedge fund Hayman Capital Management, told CNBC on Tuesday that Asian banks face a sustained period of increased loan losses and that global gross domestic product growth would slow more than expected as a result. He cited a 400 percent increase in Chinese bank assets since 2007 amounting to $31 trillion, or 310 percent of the...

  • NEW YORK, Sept 11- William Ackman, head of hedge fund firm Pershing Square Capital Management, said on Friday that stocks were cheap at current levels and that Mondelez International Inc could be an acquisition target. Alan Hoffman, executive vice president of global corporate affairs at Herbalife, referred in an emailed statement to a Fortune article...

  • Ackman: I'm more bullish on stocks than Tepper Friday, 11 Sep 2015 | 9:48 AM ET
    Bill Ackman

    The billionaire tells CNBC he's more bullish on stocks based on valuations than fellow hedge fund titan David Tepper. Ackman also talks Mondelez and his Herbalife short.

  • *Earnings won't grow as much as expected- David Tepper to CNBC. Apple's shares rose 2.2 percent to $112.57, rebounding from losses the day before when the iPhone and iPad maker unveiled new offerings. Biotech also boosted the market, with Gilead up 3.3 percent at $107.25, giving the second-biggest boost to the S&P 500 and Nasdaq after Apple.

  • US STOCKS-Wall St bounces back with Apple, biotech Thursday, 10 Sep 2015 | 4:31 PM ET

    *Earnings won't grow as much as expected- David Tepper to CNBC. Apple's shares rose 2.2 percent to $112.57, rebounding from losses the day before when the iPhone and iPad maker unveiled new offerings. Biotech also boosted the market, with Gilead up 3.3 percent at $107.25, giving the second-biggest boost to the S&P 500 and Nasdaq after Apple.