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Employee's Ultimate Payback: Billionaire David Tepper bought former boss’s mansion. What he did next is extremely shocking...Employee's ultimate payback, which came at the hands of billionaire David Tepper, is here. After Goldman Sachs CEO Jon Corzine denied him a...
Denied a promotion, billionaire buys ex-boss’s $43 million mansion from his ex-wife, then bulldozes itDavid Tepper, a billionaire, bought Jon Corzine's Hamptons mansion. This purchase was payback for a past career snub. Tepper demolished the...
UnitedHealth jumps 9% after vote of confidence from Warren BuffettUnitedHealth Group's shares experienced a significant surge following Berkshire Hathaway's new investment, signaling investor confidence am...
The smart money shift: Wall Street’s elite billionaires are selling off these Dow stocks and betting big on these winners; here's whyDavid Tepper has reduced his Amazon stake after a 166% rise and is betting on Nvidia, driven by AI infrastructure investments. Bill Gates i...
China Market Update: Continent is still upbeatAsian equities produced mixed results, with trading volumes remaining low due to Hong Kong and South Korea holidays. In Mainland China, ban...
David Tepper’s tips on how to deal with big market correctionsTepper says big market corrections create big opportunities for investors and they need to spot those opportunities to become successful in...
Wall Street heavyweights are sounding alarm about stocksThe biggest names in finance are coming around to a view that stocks are vastly overvalued.
Hedge funds are dumping Facebook and GoogleSome prominent hedge funds retreated from the FAANGs in the fourth quarter.
These are the stocks the biggest names in the hedge fund industry have been buying and sellingA number of funds also took positions in pharmaceuticals stock Perrigo, including Kyle Bass of Hayman Capital.
Soros Fund Management shifts big money to Europe and AsiaThe New York-based firm returned about 8% in 2014 and is up 1.5% this year, said the person, who asked not to be identified because the fir...
David tepper: It's the beginning of the end of the bond market rallyAfter starting 2014 at around 3%, the yield on the ten-year fell to less than 2.4% during the summer and is currently trading near 2.45%.
- Delphi sues Appaloosa for withdrawal from $2.55B equity deal
Delphi said Friday it has sued its former lead equity investor, Appaloosa Management, for jeopardizing its emergence from bankruptcy by pul...
- Deloitte agrees to pay $38 mn to ex-Delphi investors
The accounting company Deloitte & Touche has agreed to pay $38.25 million as part of a $325 million settlement of investor claims of miscon...
- US Steel to buy Canadian co Stelco for $1.1 bn
US Steel, the biggest US-based steelmaker, agreed to acquire Stelco for $1.1 billion, buying the last Canadian-owned mill and adding iron o...
- Tatas, Ruias set sights on Stelco
Tata Steel, India’s largest private sector steel maker, and Essar Global, the holding company of the Essar group, have shown preliminary in...
- Ripplewood likely to bid $10 bn for Delphi
US buyout firm Ripplewood Holdings is preparing a likely bid for bankrupt auto parts maker Delphi Corp that could top $10bn, The Wall Stree...