Kyle Bass

Shares of Celgene Corporation(NASDAQ: CELG) on Tuesday plunged to a mid-day low of $121.41. The move came in response to a Bloomberg report the U.S. Patent & Trademark Organization may soon be reviewing a patent challenge brought on by Kyle Bass's Coalition for Affordable Drugs related to...

It's midway through Day 3 of SALT 2015, presented by SkyBridge Capital, and a handful of publicly-traded names have been discussed by the biggest hedge fund managers on the planet. Jim Chanos Short Royal Dutch Shell, Chevron Chanos began his presentation with a slideshow covering his...

Some of the top investment managers in the United States presented some of their best investment themes and ideas at SALT Conference 2015 on Thursday. The panel was moderated by Omeed Malik and panelists consisted of Kyle Bass, John Burbank, Jim Chanos, Leon Cooperman and Michael Karsh. Leon...

It seems the recent upbeat results and raise in dividends by General Motors Company (NYSE: GM) were not enough to satisfy some shareholders.  It was revealed on Tuesday, February 10, that four hedge funds have combined their powers to fight for a seat in the company’s board and push...

Harvest, a financial discovery and communication platform, wants to take over Wall Street -- one investor at a time. The startup has already succeeded in attracting a number of well-known users, including Dan Loeb, Kyle Bass, Steve Tananbaum, Jody Lanasa and Sahm Adrangi. Numerous firms (...

Despite the announcement of multiple recalls, General Motors (NYSE: GM) shares have been holding up fairly well over the last few trading sessions. In fact, after Monday's revelation of three new recalls, the issue immediately retreated $0.84 from $34.55 to $33.71, before rallying to close higher...

U.S. stocks declined as concerns escalated over Ukraine, two days before its citizens will vote in a referendum to split from Ukraine and become part of Russia. Russian President Vladimir Putin is gearing up to “invade eastern Ukraine” as a six hour talk between U.S. Secretary of State John...

U.S. stocks rose on Friday as investors were able to overlook some disappointing economic data as a result of cold weather. Major indices showed signs of strength today as the Nasdaq continues to inch towards historical all time highs of 5,135.52 recorded on March 10,2000. Today, the index hit...

In late December 2012, hedge fund manager, Bill Ackman gave a 342 slide presentation explaining why he thought MLM company, Herbalife (NYSE: HLF), was an illegal pyramid scheme and why he had taken at least a 20 million share short position. Despite losing as much as $500 million over the past...

Stock futures declined before the equity markets opened after the ADP employment report showed a higher than expected 215,000 jobs were added during the month of November. Investors and traders were spooked by the report that solidifies the Fed's case to begin tapering. Traders and investors...

The miserable second-quarter release put out by struggling retailer J.C. Penney (NYSE: JCP) this morning wasn't exactly a surprise, but the sheer size of the miss has bears licking their chops. J.C. Penney reported a loss of $2.16 per share, missing earnings estimates by over 103, while also...