Home Stocks Buffett Gets A Boost Off Of Media General Surge

Buffett Gets A Boost Off Of Media General Surge

Today’s midday gainers are Dex Media Inc (NASDAQ:DXM), Global Eagle Entertainment Inc. (NASDAQ:ENT), Media General, Inc. (NYSE:MEG) and midday losers are American Railcar Industries, Inc. (NASDAQ:ARII), Trinity Industries, Inc. (NYSE:TRN), Gold Fields Limited (NYSE:GFI).

Buffett gets a boost with Media General

Today’s midday gainer is Dex Media Inc (NASDAQ:DXM). The marketing company’s stock surged +16.51%, reaching $6.14. Billionaire John Paulson holds 2.2 million shares acquired during Q3 for $16.64. This position represents 0.12% of the investor’s fund.

Not too far behind is Global Eagle Entertainment Inc. (NASDAQ:ENT), which shot up +9.33% after announcing wireless internet service on Southwest Airlines. Investor George Soros owns 200,000 shares (0.02% of his fund), acquired for $9.48 per asset.

Last up today is Media General, Inc. (NYSE:MEG). The stock increased +8.46% to $16.79 today — good news for Warren Buffett, who owns 4.6 million shares (0.07% of his holdings), purchased at an average $4.63 each.

Midday Losers

It was a rough day for American Railcar Industries, Inc. (NASDAQ:ARII). The stock dipped -7.93% to $41.42 after being downgraded from “outperformed” to “underperformed.” Billionaire Carl Icahn holds 11.8 million shares (1.89% of his portfolio), acquired for $42.76.

Industrial stock Trinity Industries, Inc. (NYSE:TRN) fell -6.70% today, hitting $49.94. Billionaire David Tepper holds 1.2 million shares (0.89% of his fund), after acquiring 298,000 shares last quarter. The investor paid an average price of $40.15 per asset.

Gold Fields Limited (NYSE:GFI), a gold miner, dropped -5.94% to $4.12 after presenting its Q3 earnings report. With 6.5 million shares, GFI represents 0.19% of Paulson’s portfolio. The investor paid an average price of $6.44 per asset. Ray Dalio owns 373,000 GFI shares (0.01% of his holdings), acquired for $6.85 each.


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