WorkbenchThe Faber Reporthttp://www.cnbc.com/id/30520406/No Description Providedencustomercare@support.cnbc.comhttp://media.cnbc.com/i/CNBC/CNBC_Images/componentbacks/logo_small.gifThe Faber Reporthttp://www.cnbc.com/id/30520406/60Paulson Funds Report Q3 PerformancePaulson Funds Report Q3 PerformanceJohn Paulson’s hedge fund group, the Paulson Funds, had another strong, if not spectacular quarter, according to an investment letter obtained by CNBC.
John Paulson’s hedge fund group, the Paulson Funds, had another strong, if not spectacular quarter, according to an investment letter obtained by CNBC.
]]>Mon, 16 Nov 2009 18:39 GMThttp://www.cnbc.com//id/33970095http://www.cnbc.com//id/33970095Asking the Wrong Vivendi QuestionAsking the Wrong Vivendi QuestionThere’s been lots of attention paid to Vivendi’s board meeting today as a sign of whether it will sell its 20% stake in NBC Universal and thereby clear the way for the deal I have been reporting on that is close between GE and Comcast. But whether Vivendi decides it wants out of its partnership with GE is not the point.There’s been lots of attention paid to Vivendi’s board meeting today as a sign of whether it will sell its 20% stake in NBC Universal and thereby clear the way for the deal I have been reporting on that is close between GE and Comcast. But whether Vivendi decides it wants out of its partnership with GE is not the point.]]>Wed, 14 Oct 2009 21:07 GMThttp://www.cnbc.com//id/33316531http://www.cnbc.com//id/33316531Don’t Jump on the Mead Johnson RumorDon’t Jump on the Mead Johnson RumorA report from that Group Danone had hired an investment bank to work on a possible bid for baby food company Mead Johnson had those shares up over 10% briefly. After speaking with bankers close to both companies it appears investors looking for a deal anytime soon will be disappointed.A report from that Group Danone had hired an investment bank to work on a possible bid for baby food company Mead Johnson had those shares up over 10% briefly. After speaking with bankers close to both companies it appears investors looking for a deal anytime soon will be disappointed.]]>Tue, 29 Sep 2009 17:10 GMThttp://www.cnbc.com//id/33073636http://www.cnbc.com//id/33073636Sprint Back in Takeover Spotlight, But Should It Be?Sprint Back in Takeover Spotlight, But Should It Be?One of these days it’s plausible to believe that the ailing wireless giant Sprint will be put out of its misery with the receipt of a viable takeover offer. But don’t count on that being anytime soon.
One of these days it’s plausible to believe that the ailing wireless giant Sprint will be put out of its misery with the receipt of a viable takeover offer. But don’t count on that being anytime soon.
]]>Mon, 14 Sep 2009 19:57 GMThttp://www.cnbc.com//id/32845364http://www.cnbc.com//id/32845364Atticus Founder Walks Away, Leaving High Water Mark BehindAtticus Founder Walks Away, Leaving High Water Mark BehindAtticus Capital founder Timothy Barakett, 44 years of age, is shuttering his flagship fund and returning $3 billion in capital to his investors. The roughly $1 billion left, Barakett’s personal fortune, will be managed by him in a so-called “family office”. Atticus will keep its European fund (not managed by Barakett), with roughly $1.5 billion under management, open.
Atticus Capital founder Timothy Barakett, 44 years of age, is shuttering his flagship fund and returning $3 billion in capital to his investors. The roughly $1 billion left, Barakett’s personal fortune, will be managed by him in a so-called “family office”. Atticus will keep its European fund (not managed by Barakett), with roughly $1.5 billion under management, open.
]]>Tue, 11 Aug 2009 18:48 GMThttp://www.cnbc.com//id/32375804http://www.cnbc.com//id/32375804AIG Rallies for Now, but Future Remains UnclearAIG Rallies for Now, but Future Remains UnclearAIG’s share price has now advanced more than 100% during the week. While it was a short squeeze that contributed the bulk of that move, today’s upward tide is due to a belief that AIG has found some stability in its business.
AIG’s share price has now advanced more than 100% during the week. While it was a short squeeze that contributed the bulk of that move, today’s upward tide is due to a belief that AIG has found some stability in its business.
]]>Fri, 07 Aug 2009 19:53 GMThttp://www.cnbc.com//id/32334042http://www.cnbc.com//id/32334042AIG’S Big MoveAIG’S Big MoveIt’s strange enough when a stock is up 74% in two days, but rarer still when that move is not accompanied by any news to explain it. Such is the case for AIG, whose swift ascent yesterday (up over 8 points) and much of today (it was up over 17% at one point) is attributable to that most painful of investor predicaments: the short squeeze.
It’s strange enough when a stock is up 74% in two days, but rarer still when that move is not accompanied by any news to explain it. Such is the case for AIG, whose swift ascent yesterday (up over 8 points) and much of today (it was up over 17% at one point) is attributable to that most painful of investor predicaments: the short squeeze.
]]>Thu, 06 Aug 2009 20:25 GMThttp://www.cnbc.com//id/32319466http://www.cnbc.com//id/32319466CIT Looks Set to File for BankruptcyCIT Looks Set to File for BankruptcyI can report that CIT is likely to file bankruptcy tomorrow, though the situation remains fluid, according to a source close to the company.
I can report that CIT is likely to file bankruptcy tomorrow, though the situation remains fluid, according to a source close to the company.
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