Ira Sohn Conference

Greenlight Capital's David Einhorn is bullish on tech titan Apple (Nasdaq: AAPL), the largest U.S. company by market value. At the Ira Sohn Conference, Einhorn said Apple is a "great company with a great balance sheet" and noted that the maker of the iPhone and the iPad, the world's top-selling...

On Wednesday, the Ira Sohn investment conference will bring a decent amount prominent money managers, where they will speak about equities, the general economy, and other trading ideas. Bill Ackman, David Einhorn, Jeff Gundlach, and John Paulson are all scheduled to speak, as well as 10 others....

Sprint Nextel (NYSE: S) reported third quarter earnings this morning, reporting a mixed bag, beating on the bottom line, and missing on the top line. Shares are off 4 percent today, but are off the lows of the session. The Kansas City-based company reported a third quarter loss of 10 cents per...

According to New York Times sports reporter Richard Sandomir, the much maligned deal between hedge fund titan David Einhorn and the New York Mets is over. Here is a statement from the team, courtesy of ESPNNewYork. "The New York Mets' Owners announced today that their period of exclusive...

Warren Buffett certainly knows a good thing when he sees it. When Buffett, 81, announced earlier in the month he had a position in Dollar General (NYSE: DG), many thought it was a shrew move. After today's earnings beat, it looks like an even shrewder move. The Goodlettsville, Tennessee-based...

99 cents to be exact. Shares of discount chain 99-Cents Only Stores (NYSE: NDN) are jumping this afternoon, gaining almost 10% after the the New York Post reported this morning that private equity firm Apollo Global Management LLC was going to bid on the company. “Instead of saying Leonard Green...

With so much uncertainty in the U.S. economy, it is easy to see why there is tremendous interest in the dollar store space. Apparently though, money does not grow on trees, Dollar trees that is. Dollar Tree, Inc. (NASDAQ: DLTR) shares are getting rocked this morning, after the company came out...

This morning Goldman Sachs made a call to upgrade Tiffany's (NYSE: TIF) from Sell to Neutral, on a valuation call. Well Goldman, Tiffany has been one of the best performing stocks in the past year, why upgrade it now? Here's their reason: "We are upgrading TIF to Neutral from Sell as the stock is...

This morning, Carl Icahn announced that he was interested in acquiring Clorox (NYSE: CLX) for $76.50 per share. Obviously no one believes that Icahn will eventually own the household products company, but the move is being seen as agitating the board and potentially get a larger company to...

Brian Sozzi is out with a research report on Tiffany's (NYSE: TIF) and why the stock has acted so strongly since May 2. Since that time, shares of Tiffany have risen 18%, as opposed to a 3% drop in the S&P 500. Sozzi goes on to mention all of the positives that Tiffany's has going for it,...

Family Dollar Stores (NYSE: FDO) is set to report earnings tomorrow before the bell and Wall Street will be looking forward to hearing how rising commodity costs are affecting the company's key consumer. The North Carolina-based company is going to report its third-quarter fiscal 2011 results...

Tiffany & Co. (NYSE: TIF) shares are up nearly 2% this morning on rumors that Cartier owner Richemont is interested in buying Tiffany & Co. At last check, shares of Tiffany were trading at $73.58, a gain of 85 cents or 1.17% this morning. At the Ira Sohn conference a couple of weeks...

Best Buy Co., Inc. (NYSE: BBY) shares are jumping higher this morning, well off their session lows on rumors that Bill Ackman is going to file a significant stake in the company later today. Ackman spoke at the Ira Sohn conference last week and announced a position in Family Dollar (NYSE: FDO),...

Dollar General (NYSE: DG) is set to report earnings tomorrow before the bell, and with investors like Bill Ackman, and Nelson Peltz in the space in Family Dollar (NYSE: FDO), perhaps it is time that investors look at the ever growing dollar store space with the industry leader. The company is set...

Bob Howard who heads up KKR's (NYSE: KKR) Equity Strategies Group spoke at the Ira Sohn Conference yesterday, and gave two stark investment ideas. Howard, formerly of Goldman Sachs, recommended Wabco (NYSE: WBC) and HSN, Inc. (NASDAQ: HSNI). Regarding Wabco, Howard said he believes the U.S. and...