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AIG Dropping Sharply (AIG)
Friday, January 14, 2011 - 12:21pm | 78Read More...Shares of American International Group, Inc. (NYSE: AIG) are dropping sharply today, down more than 4% on heavy volume. Benzinga has heard that supposedly Bruce Berkowitz is moving out of the name, but nothing has been confirmed as on now. Berkowitz, through his fund, Fairholme Capital is the...
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David Einhorn Is Wrong (JOE)
Wednesday, January 12, 2011 - 1:43pm | 426Read More...Yesterday the SEC announced it was inquiring into the accounting practices of The St. Joe Company (NYSE: JOE), as it inquires to whether it needs to take write downs on it assets. David Einhorn talked about this at the Value Investing Congress in October, saying he believes the company is worth...
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The St. Joe Company Dropping On SEC Concerns (JOE)
Tuesday, January 11, 2011 - 10:22am | 287Read More...Maybe David Einhorn has been right all along. The St. Joe Company (NYSE: JOE) is down sharply in pre-market trading, almost 8% on reports that the SEC is looking into the company's accounting practices. The SEC is determining whether the company should have taken additional impairment charges of...
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The St. Joe Company Dropping In Pre-Market On SEC Concerns (JOE)
Tuesday, January 11, 2011 - 10:22am | 287Read More...Maybe David Einhorn has been right all along. The St. Joe Company (NYSE: JOE) is down sharply in pre-market trading, almost 8% on reports that the SEC is looking into the company's accounting practices. The SEC is determining whether the company should have taken additional impairment charges of...
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St. Joe's Continues Higher (JOE)
Wednesday, December 22, 2010 - 12:05pm | 72Read More...The St. Joe Company (NYSE: JOE) has continued higher, since rumors came out last week that it was the potential target of an acquisition, by an unnamed company. Bruce Berkowitz of Faireholme Capital was recently added to the company's board. Berkowitz, through his fund, is the largest shareholder...
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The St. Joe Company Skyrocketing (JOE)
Wednesday, December 15, 2010 - 3:12pm | 155Read More...The St. Joe Company (NYSE: JOE) is jumping on heavy volume today, as the options are indicating some heavy action in the name. This name is of particular interest to traders as it is something of a "Clash of the Titans" matchup. At the Value Investing Congress during October, David Einhorn of...
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AIG Stands For Parabolic
Thursday, December 9, 2010 - 1:36pm | 170Read More...American International Group, Inc. (NYSE: AIG) is going nuts today, gaining more than 9% as of the time of this writing. This is due to its announcement last night after the bell that the company is repaying its credit line with the Federal Reserve, as a result of its sales of two of its foreign...
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Some Thoughts On Einhorn Vs. Berkowitz (JOE)
Friday, October 15, 2010 - 1:07pm | 416Read More...David Einhorn made probably what was the news of the week at the Value Investing Congress, as he laid out his plan why Greenlight Capital was short The St. Joe Company (NYSE: JOE). The reason this is so important is that it's being billed as a battle of hedge fund titans, Einhorn versus Bruce...
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St. Joe's Finally Up, But Will It Last? (JOE)
Friday, October 15, 2010 - 9:46am | 121Read More...Shares of The St. Joe Company (NYSE: JOE) are finally higher today, gaining 27 cents to $20.01 in what is shaping up to be a battle of the hedge fund titans. Bruce Berkowitz of Fairholme Capital essentially said that David Einhorn of Greenlight Capital is wrong in saying that JOE is worth $7-$10...
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Clash Of The Titans (JOE)
Thursday, October 14, 2010 - 9:35am | 118Read More...In what turn out to be a clash of the titans of the hedge fund world, Bruce Berkowitz of Fairholme Capital added to his stake in The St. Joe Company (NYSE: JOE), by buying 100,000 shares at $22.21. This came right after David Einhorn's presentation at the Value Investing Congress, in which Einhorn...
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Bruce Berkowitz Beating Wall Street & Taking Names (C, MBI, AIG, GGP)
Wednesday, August 4, 2010 - 1:19pm | 301Read More...Most mutual funds don't time the market. Then again, most mutual funds aren't Fairholme Fund, run by Bruce Berkowitz writes the Wall Street Journal. A typical mutual fund has many holdings, not much of its assets in cash and doesn't time the market. Berkowitz listens to none of these rules and...
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Bruce Berkowitz Adds Morgan Stanley To Fairholme Capital (MS)
Tuesday, August 3, 2010 - 3:34pm | 173Read More...Bruce Berkowitz has added a position in Morgan Stanley (NYSE: MS) to his Fairholme Capital fund according to Market Folly. The rest of the portfolio is broken down like this: 1. Sears Holdings (SHLD): 7.7% of the portfolio 2. AIG (AIG): 6.8% 3. Citigroup (C): 5.4% 4. Goldman Sachs (GS): 5.4% 5....
