Mega investors Dan Loeb and George Soros have both recently added big positions in FedEx. Larry McDonald, Newedge USA, and CNBC contributor Carol Roth, talk about what's behind the billionaires buying up FedEx shares.
FedEx CEO Fred Smith also told CNBC he's "flattered" that Dan Loeb has taken a major stake in the company.
George Soros, the 83-year-old billionaire investor, philanthropist and supporter of liberal political causes, married for a third time on Saturday, tying the knot with education consultant Tamiko Bolton.
The Fed lost its chance for a "freebie" by deciding not to taper, the founder of hedge fund Duquesne Capital said.
Billionaire investor George Soros has been busy stocking up on hedge fund favorites as he joined others in dumping gold exchange traded fund (ETF) holdings in the second quarter.
New scrutiny of Herbalife over quality-control issues doesn't change much, Stephen Weiss of Short Hills Capital says.
As part of the deal, the board "reaffirmed its overwhelming support" for CEO Myron Ullman and Chairman Thomas Engibous, who had been targeted by Ackman.
J.C. Penney and hedge fund Pershing Square's Bill Ackman are in talks to resolve their dispute over the leadership of the U.S. retailer, a source said on Monday.
Soros Fund Management pulled all of its money from Bill Ackman's Pershing Square, and Bill Ackman is also pushing JC Penney to name a new CEO in the next 45 days. CNBC's Seema Mody reports.
The battle over Herbalife intensified as George Soros has taken a large long position in the nutritional supplements maker, according to sources.
The acquisition is said to be one of the billionaire's top three holdings, reports CNBC's Scott Wapner.
Adrian Barrie Smith, who recruits housekeeping staff for the wealthy, has sued several well-known Wall Street financiers and even the comedian Jerry Seinfeld.
Family offices are becoming major players in financial markets. A string of billionaire hedge funders have transformed their funds into family offices. Could SAC be next?
George Soros has become what looks to be JC Penney's fourth biggest investor, reports CNBC's Kate Kelly, and Daryl Jones, Hedgeye Risk Management.
George Soros disclosed a huge stake in JC Penney, and one big options trader is using the news as a reason to get into the stock.
Shares of beleaguered retailer JC Penney rose more than 7 percent in after-hours trading on Thursday after billionaire financier George Soros disclosed a 7.9-percent stake.
Dissecting the day's major business news, with the "Fast Money" traders; and CNBC's Kate Kelly has the details of George Soros' passive stake in JC Penney.
CNBC's Kate Kelly reports big news on JC Penney. An SEC filing shows George Soros is reporting a 7.9 percent passive stake in the stock.
George Soros has asked to withdraw hundreds of millions of dollars from Bill Ackman's Pershing Square, according to a WSJ report.
Global risks are rising, and that has Pimco investing in higher quality, highly liquid investments like Treasurys, bond investor Bill Gross told CNBC.