Tepper, who made an eye-popping $3.5 billion in 2013, shed multiple positions in the second quarter.» Read More
Aug 14- Top U.S. hedge fund managers did some shopping for shares of discount retailer Dollar General Corp and drug store operator Walgreen Co in the second quarter.
BOSTON, July 24- Billionaire investor Kenneth Griffin, who oversees $20 billion at hedge fund Citadel LLC, filed for divorce from his wife citing "irreconcilable differences," according to court filings seen by Reuters on Thursday.
Billionaire hedge fund manager David Tepper and his wife, Marlene, are ending their nearly 30-year marriage, according to a report.
*ECB cuts rates below zero to spur bank lending. NEW YORK, June 5- The Dow and the S&P 500 both ended at new highs on Thursday after the European Central Bank cut rates to record lows and pledged to do more if needed to fight off the risk of deflation.
*ECB cuts rates below zero to spur bank lending. NEW YORK, June 5- The Dow and the S&P 500 ended at a new record on Thursday after the European Central Bank cut rates to record lows and pledged to do more if needed to fight off the risk of deflation.
What's really moving the market's today, with Ben Willis, Princeton Securities Group, and Kenny Polcari, O'Neil Securities. Willis says the move up in the Dow should be credited to Kate Kelly's interview with David Tepper.
*Sprint agrees to pay about $32 bln for T-Mobile US- source. NEW YORK, June 5- The S&P 500 rose to hit an intraday record high for the seventh time in eight sessions on Thursday after the European Central Bank cut rates to record lows and outlined further accommodative monetary policy actions.
How the market is moving since the ECB imposed a negative interest rate on banks for their deposits, with Rob Sechan, UBS Private Wealth, and the FMHR traders.
David Tepper says he is feeling better about the markets since the ECB action Thursday morning, reports CNBC's Kate Kelly. He had previously said he was nervous at the SALT Conference in Las Vegas.
Gemma Godfrey of Brooks Macdonald, provides insight to the action taken by European Central Bank President Mario Draghi.
May 31- BlackRock Inc Chief Executive Larry Fink this week dropped a stink bomb on a small corner of the $2.5 trillion global market for exchange-traded funds. Sponsors of leveraged ETFs and related products, which make up only about $60 billion of global industry assets, called his remarks an exaggeration.
The financial world's piñata may have been broken, and it looks like it's raining treats.
*Hedge funds at $250,000 meetings with former Fed chairman.
Never mind what David Tepper thinks — the case for stocks remains strong, one investment expert says.
*Wal-Mart profit falls as harsh winter hampers shoppers. NEW YORK, May 15- U.S. stocks fell on Thursday, giving the Dow and the S&P 500 their worst declines in more than a month, as small-cap shares extended their retreat and Wal-Mart results disappointed.
*Slovak PM: Russia says gas to Europe via Ukraine could be stopped. NEW YORK, May 15- Global equity markets fell on Thursday and safe-haven U.S. and German government bonds rose on fears over escalation of the crisis between Russia and Ukraine and in response to underwhelming U.S. and European economic data.
NEW YORK, May 15- Global equity markets fell on Thursday and safe-haven U.S. and German government bonds rose on fears over Russia and Ukraine and in response to underwhelming U.S. and European economic data.
*Wal-Mart profit falls as severe winter deters shoppers. NEW YORK, May 15- U.S. stocks slumped on Thursday after a drop in small-cap stocks and disappointing results from Wal-Mart. But, as of now, it means the sellers are slowly gaining more control, "said Adam Sarhan, chief executive of Sarhan Capital in New York.
LAS VEGAS, May 14- Billionaire hedge fund manager David Tepper sounded a cautious message on Wednesday, telling a ballroom packed with other managers and investors that he was "nervous" about the stock market but that this was not the time to sell.
LAS VEGAS, May 14- Billionaire investor David Tepper, who runs hedge fund Appaloosa Management, sounded a cautious note on stock markets on Wednesday and told an audience: "I'm nervous." "I'm not saying go short, just don't be too friggin' long," Tepper, who has one of the best investing records in the industry, said at the SkyBridge Alternatives Conference in Las Vegas.