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NEW YORK, Feb 17- Shares of energy infrastructure-related companies rallied on Wednesday following news of Warren Buffett's sizable position in Kinder Morgan and other new investments in the downtrodden sector. In addition, David Tepper's Appaloosa Management hedge fund snapped up 9.4 million shares of Kinder Morgan, while Soros Fund Management, took a...
Appaloosa Management's David Tepper is making a bet in energy, reports CNBC's Susan Li.
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.
Appaloosa becomes the latest large financial firm to establish itself in the area.
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...
John Watson, chairman and CEO of Chevron, discusses at length his views on oil and the energy market.
Hedge fund honcho lights into solar firm
Gordon Johnson, Axiom Capital, discusses hedge fund manager David Tepper's comments about Terraform's too-cozy relationship with SunEdison.
John Stumpf, chairman and CEO of Wells Fargo, discussed at length his views on the stock market and economy on Tuesday morning.
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.
Billionaire David Tepper tells CNBC that investors who bought into rumors he might take a position in SunEdison must be smoking too much pot.
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.
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.
"People might underestimate if [China] straightens itself out ... how fast the Fed might have to raise rates," hedge fund billionaire David Tepper said Friday.
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.
This building is going to "walk the walk," says David Tepper, Appaloosa Management president, talking about a new academic vision at Carnegie Mellon University.
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.