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Sino-Forest Publishes New Documents Refuting Muddy Waters Claims
Friday, June 17, 2011 - 12:05pm | 249Sino-Forest Corp. has published new documents in the company's data room that it believes refute the claims by Muddy Waters LLC that one of the companies it has done business with is actually a subsidiary of Sino-Forest. Muddy Waters, which is run by Carson Block, said that a company known as...
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Paulson's Biggest Fund Loses 20% In 2011
Thursday, June 16, 2011 - 12:39pm | 176According to reports in Reuters, Paulson & Co.'s Advantage Plus hedge fund is down around 20% for 2011 after losing 13% in the first two weeks of June. The fund was hit hard by the implosion of Sino-Forest (PINK:SNOFF), which has lost 83.66% in the last month, after a short-seller's report...
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John Paulson Makes Bold Claim On Bank Of America
Thursday, June 2, 2011 - 10:06am | 87Legendary hedge fund investor John Paulson is out with some bold comments on Bank of America (NYSE: BAC) this morning that is catching many off guard. Paulson, who runs Paulson & Co. said that Bank of America will be at $30 per share by the end of 2011. Shares are currently trading at $11.13...
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Zings Of The Day (HPQ, GOOG)
Tuesday, May 17, 2011 - 3:52pm | 95Paulson & Co. took a $1 billion stake in Hewlett-Packard Co. (NYSE: HPQ) it disclosed in a 13-F yesterday. Yeaaaa, about that stake. It's a little lighter now. Google Inc. (NASDAQ: GOOG) sold some $3 billion worth bonds, as it takes advantage of low corporate interest rates. I wonder how...
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Paulson's Friends Felt Bad For Him Over Subprime Bets
Tuesday, February 15, 2011 - 1:30pm | 265According to a DealBook article, even John Paulson's friends in the investment community felt sorry for him once they found out about his huge bet against the subprime mortgage market, which subsequently netted his hedge fund $15 billion in profits. He told the Financial Crisis Inquiry Commission...
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Why Is Bank Of America Not Good Enough For Two Titans? (BAC)
Tuesday, February 15, 2011 - 10:16am | 205Both Warren Buffett and John Paulson sold large stakes in Bank of America (NYSE: BAC). The question remains why? There were rumors yesterday that the information Wikieleaks has on Bank of America may have influenced Buffett and Paulson's decisions to get rid of some of his shares in the country's...
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John Paulson Adds Stakes In Health Care Companies, Oil Companies (APC, RIG, BAX)
Tuesday, February 15, 2011 - 9:42am | 106John Paulson of Paulson & Co. has disclosed new stakes in healthcare and oil companies, while cutting stakes in his financial holdings like Bank of America (NYSE: BAC) and Citigroup (NYSE: C) Paulson added stakes in Transocean (NYSE: RIG), Anadarko Petroleum Corp (NYSE: APC), and significantly...
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The Rich Getting Richer
Monday, January 24, 2011 - 2:51pm | 146It's a case of the rich getting richer for John Paulson of Paulson & Co. In a note to clients obtained by Bloomberg, Paulson said that he made more than $1 billion on his investment in Citigroup (NYSE: C) since the middle of 2009. While a remarkable trade, it's not Paulson's greatest trade...
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Paulson May Sell Stake In Harrah's
Tuesday, November 23, 2010 - 10:11am | 37Paulson & Co. may sell its 10% stake in Harrah's, according to a regulatory filing this morning. The casino operator, which is in the process of changing its name to Caesar's, canceled its IPO last week, citing market conditions.
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John Paulson's Fund Has A Rocky August (GLD)
Wednesday, September 8, 2010 - 10:50am | 85Famed hedge fund manager John Paulson, who personally made more than $4 billion betting against the sub-prime mortgage market, had a rocky August in two of his funds. Paulson & Co.'s flagship Advantage Plus fund fell more than 4% last month according to a Reuters article. The fund is heavily...
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Paulson Discloses 9.1% Stake in NovaGold (NG)
Tuesday, August 31, 2010 - 3:26pm | 148According to a 13D that was just filled with the Securities and Exchange Commission, John Paulson of the famed hedge fund Paulson & Company, now owns 20,181,818 shares of NovaGold Resources Inc., which is a 9.1% stake in the precious metals company. The report states that the total amount...
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Paulson & Co. Launching Retail Fund
Thursday, July 22, 2010 - 10:13am | 123According to a report in the Financial Times, hedge fund Paulson & Co, the fund which made its claim to fame after making billions from the collapse of the US subprime mortgage market, is going to launch a new fund that is open to retail investors and will track its existing investment...
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Hedge Fund King Paulson Having A Rough Year (BAC, WFC, GLD, C)
Friday, July 16, 2010 - 3:00pm | 452John Paulson, the hedge fund manager who made billions by predicting the collapse of the sub-prime mortgage market, has fallen on hard times...relatively speaking. Bloomberg News has recently reported that Paulson's $9 billion Advantage fund lost 5.8% in the first six months of 2010. His Advantage...
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John Paulson Upbeat on the U.S. Economy (SPY, XHB)
Friday, June 25, 2010 - 9:27am | 293In a speech at the London School of Economics, hedge fund manager and president of Paulson & Co, John Paulson, said that the possibility of a double-dip recession in the United States is “less than 10 percent.” He was also quick to point out that, he believed, their company had “zero impact” on...
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Commercial Real Estate Week in Review
Saturday, May 22, 2010 - 6:00am | 558Commercial Real Estate Week in Review-Week of May 16-22 -Our office neighbor Hersha Hospitality Trust is betting on the New York hotel sector, as they increased their exposure by purchasing a 113-room Holiday Inn. -Welsh Property Trust and Campus Crest Communities are going public. Their IPO’s are...