Tag: Stakes

By World Economic Forum (Flickr: The Global Financial Context: Paul Singer) [CC BY-SA 2.0], via Wikimedia Commons

BB Biotech Surges On News Paul Singer Is Upping Stake

Switzerland’s BB Biotech shares surged the most in over two years, following news that billionaire Paul Singer increased his stake in the fund to 5.47%. In November of last year, Singer disclosed that his firm owned 3.1% of BB Biotech […]

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Carl Icahn Does Not Own Twitter Inc (TWTR) [REPORT]

Fox Business Network’s (FBN) Senior Correspondent Charles Gasparino reports activist investor Carl Icahn does not own stakes in Twitter. Gasparino reported that people close to Icahn have confirmed to FOX Business Network that as of now he is not in […]

Quindell Plc QPP

Quindell PLC Shares (QPP) Up After Toscafund Boosts Stake

Quindell shares surged today following Toscafund Asset Management has increased its stake in the beleaguered outsourcer by nearly 2 million shares, to 5.4%. Quindell shares dropped by nearly 80% in 2014, while its shares jumped nearly 50% during the first […]

Lemelson Announces 2% Stake in Geospace Technologies Corp

Lemelson Announces 2% Stake in Geospace Technologies Corp

Marlborough, Mass., October 20, 2014—Lemelson Capital Management, a private investment management firm, today announced that it has taken a significant position in shares of Geospace Technologies Corp (NASDAQ:GEOS). Lemelson Capital’s investment in Geospace Technologies, which will be held in the […]

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Jana Partners Moving In On Hertz Global Holdings

After just fending off activist investor Carl Icahn by offering three seats on the board of directors, Hertz is apparently now in the sights of Jana partners. In a regulatory filing on Monday, October 29th, activist investing firm Jana Partners […]

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Falcone Under Fire For Schuff International’s Tender Offer

Philip Falcone’s new investment vehicle, HC2 Holdings Inc (OTCMKTS:HCHC), is being attacked by critics for its move to take over a little known but profitable steel fabricator, Schuff International, Inc (OTCMKTS:SHFK). The company’s shares are traded in the over-the-counter market. The […]

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Carl Icahn Moves On Hertz Global Holdings, Inc.

Carl Icahn has an 8.48% stake (38,800,000 shares) in Hertz Global Holdings, Inc. (NYSE:HTZ) according to a just released 13D filing with the Securities and Exchange Commission, amounting to about $1.2 billion at yesterday’s closing price, calling the stock ‘undervalued’. […]