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Notable Insider Buys In The Past Week: Immunomedics, Tenet Healthcare, Ulta Beauty
Sunday, October 6, 2019 - 5:27pm | 572Insider buying can be an encouraging signal for potential investors. Two health care companies saw notable insider buying this past week. A director at a specialty retailer added to his stake as well. Conventional wisdom says that insiders and 10% owners really only buy shares of a company for...
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OK, DowDuPont, So What's The Game Plan?
Tuesday, September 12, 2017 - 11:37am | 463After a five-month review, DowDuPont Inc (NYSE: DWDP) came back from the drawing board Tuesday with new restructuring plans. The two-week-old firm, born of a $60 billion merger between Dow Chemical Co. and DuPont Co., had intended to fragment into three companies servicing distinct consumer...
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Tenet Healthcare Has Ripped Thanks To 2 Institutional Moves
Monday, August 21, 2017 - 4:50pm | 230The last two trading days saw a 32-percent spike in Tenet Healthcare Corp (NYSE: THC) as news suggested a potential turnaround in strategy and performance. The first report indicated that Glenview Capital Management pulled two representatives off Tenet’s board, which prompted a 14-percent pop...
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Funds Are Running From Baidu, Valeant, Mondelez And Time Warner
Thursday, August 20, 2015 - 8:26am | 386Baidu Inc (ADR) (NASDAQ: BIDU) was one of the most unpopular stocks of the second quarter. According to an analysis of top hedge funds’ aggregate holdings and top purchases and sales from S&P Capital IQ, the Chinese-language Internet search provider was the stock institutional investors...
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Glenview Repeats AbbVie Bull Stance, Shuts Fund To Newbies
Wednesday, May 20, 2015 - 3:34pm | 296Glenview Capital Management repeated its bullish comments on AbbVie Inc (NYSE: ABBV) Tuesday and said it will close to new investors later this year. The $11.6 billion investment firm will stop taking new money in order to maintain a balance between asset size and liquidity, according to a...
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Should McDonald's Spin Out A McREIT?
Tuesday, March 24, 2015 - 12:24pm | 847McDonald's Corporation (NYSE: MCD) is not one of Glenview Capital Management's top ten holdings. Nonetheless, the fund's CEO, Larry Robbins, devoted a considerable part of his annual investor letter detailing a five-point plan intended to increase MCD shareholder value. The...
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Bill Ackman Is On A Lonely Island In His Fight For A New Chairman At J.C. Penney
Monday, August 12, 2013 - 3:50pm | 408Shares of J.C. Penney (NYSE: JCP), the embattled department store chain, have been extremely volatile over the past several trading days as activist investor Bill Ackman has pushed for more changes at the company in order to return it to profitability. Ackman owns 17.7 percent of the shares of J....