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Soros Fund Management

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BUSINESS
November 14, 1998 | Bloomberg News
George Soros said the value of his Soros Fund Management's U.S. stock portfolio fell by more than half to $3.9 billion in the third quarter ended Sept. 30, from $8 billion on June 30, according to a quarterly filing with the Securities and Exchange Commission.
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BUSINESS
April 25, 2013 | By Tiffany Hsu
Billionaire financier George Soros seems to be showing faith in J.C. Penney's chances at a turnaround, taking a 7.9% stake in the struggling retailer. The hedge fund titan bought nearly 17.4 million shares through his Soros Fund Management, according to a filing Thursday with the Securities and Exchange Commission. The move places Soros among J.C. Penney's five largest shareholders. In after-hours trading, shares of the discount department store chain surged, zooming up 7%. The stock had closed up a third of a percent, or 5 cents, at $15.24 a share.
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BUSINESS
June 16, 1994 | From Reuters
Want a super-paying job? Become a hedge fund or commodity fund manager. They're the people who shuffle around billions of investment dollars and get fat paychecks. One fund manager, George Soros, took home at least $1.1 billion last year, says Financial World magazine, a business publication.
OPINION
January 28, 2010 | By Stephen R. Weissman
Media coverage and commentary have vastly overstated the likely impact on federal election campaigns of the Supreme Court's Citizens United decision, which ruled that corporations have the same right to free speech as individuals. It has also obscured the extent to which members of Congress from both parties had previously opened the door for corporate and union financing in federal campaigns. As associate director for policy of the Campaign Finance Institute from 2002-09, I wrote a number of studies showing the rise of corporate and union spending, via tax-exempt organizations, in federal elections.
BUSINESS
January 11, 2000 | Bloomberg News
This selling appears to be big, really big. Several Priceline.com Inc. (PCLN) investors, including billionaire Microsoft Corp. co-founder Paul Allen and money manager George Soros, are unloading shares in the company that lets consumers name a price they'll pay for airline tickets, hotel rooms and other items. Priceline.com said Monday that Allen's Vulcan Ventures had sold 2 million shares and General Atlantic Partners had sold 5 million of its shares.
BUSINESS
December 11, 1997
Microsoft Corp. will shut down its high-profile adventure Web site Mungo Park early next year to focus more resources on Expedia, the software giant's online travel agency. . . . The newly appointed Teamsters election overseer has been granted federal subpoena power to investigate James P. Hoffa's unsuccessful 1996 campaign for the union's presidency. . . . Soros Fund Management and affiliates acquired a 5.58% stake in Nine West Group, the largest U.S. maker of women's casual and dress shoes.
BUSINESS
May 18, 1999 | Bloomberg News
* Soros Fund Management, the investment advisory business established by billionaire George Soros, reported that the public portion of its stock portfolio held fewer technology shares as the first quarter ended. Previous stakes in companies such as IBM, Sun Microsystems and Advanced Micro Devices were not included in the public portfolio on March 31, according to a Form 13F filed Monday with the Securities and Exchange Commission.
BUSINESS
May 25, 1996 | From Bloomberg Business News
George Soros more than doubled his investment group's stake in WMX Technologies Inc. and said he may seek to boost the company's stock price. Soros Fund Management, an investment advisory business run by the billionaire, began purchasing stock in the Oak Brook, Ill., company during the first quarter of this year. Soros reported that his investment funds at March 31 owned 2.1% of WMX, the world's largest waste-management company. The investment group disclosed Friday that it spent about $511.
BUSINESS
April 25, 2013 | By Tiffany Hsu
Billionaire financier George Soros seems to be showing faith in J.C. Penney's chances at a turnaround, taking a 7.9% stake in the struggling retailer. The hedge fund titan bought nearly 17.4 million shares through his Soros Fund Management, according to a filing Thursday with the Securities and Exchange Commission. The move places Soros among J.C. Penney's five largest shareholders. In after-hours trading, shares of the discount department store chain surged, zooming up 7%. The stock had closed up a third of a percent, or 5 cents, at $15.24 a share.
BUSINESS
February 1, 1994 | From Associated Press
GE Capital Corp. and the fund group headed by George Soros, the Wall Street billionaire and philanthropist, are joining forces to invest in electric power plants in developing countries, the two sides announced Monday. The new Global Power Investments will raise at least $2.5 billion and invest it in building or running privately owned power plants, the partners said. The fund will initially focus on Mexico and Asia, particularly China, India and Indonesia.
BUSINESS
January 11, 2000 | Bloomberg News
This selling appears to be big, really big. Several Priceline.com Inc. (PCLN) investors, including billionaire Microsoft Corp. co-founder Paul Allen and money manager George Soros, are unloading shares in the company that lets consumers name a price they'll pay for airline tickets, hotel rooms and other items. Priceline.com said Monday that Allen's Vulcan Ventures had sold 2 million shares and General Atlantic Partners had sold 5 million of its shares.
BUSINESS
May 18, 1999 | Bloomberg News
* Soros Fund Management, the investment advisory business established by billionaire George Soros, reported that the public portion of its stock portfolio held fewer technology shares as the first quarter ended. Previous stakes in companies such as IBM, Sun Microsystems and Advanced Micro Devices were not included in the public portfolio on March 31, according to a Form 13F filed Monday with the Securities and Exchange Commission.
BUSINESS
November 14, 1998 | Bloomberg News
George Soros said the value of his Soros Fund Management's U.S. stock portfolio fell by more than half to $3.9 billion in the third quarter ended Sept. 30, from $8 billion on June 30, according to a quarterly filing with the Securities and Exchange Commission.
BUSINESS
December 11, 1997
Microsoft Corp. will shut down its high-profile adventure Web site Mungo Park early next year to focus more resources on Expedia, the software giant's online travel agency. . . . The newly appointed Teamsters election overseer has been granted federal subpoena power to investigate James P. Hoffa's unsuccessful 1996 campaign for the union's presidency. . . . Soros Fund Management and affiliates acquired a 5.58% stake in Nine West Group, the largest U.S. maker of women's casual and dress shoes.
BUSINESS
May 25, 1996 | From Bloomberg Business News
George Soros more than doubled his investment group's stake in WMX Technologies Inc. and said he may seek to boost the company's stock price. Soros Fund Management, an investment advisory business run by the billionaire, began purchasing stock in the Oak Brook, Ill., company during the first quarter of this year. Soros reported that his investment funds at March 31 owned 2.1% of WMX, the world's largest waste-management company. The investment group disclosed Friday that it spent about $511.
BUSINESS
June 16, 1994 | From Reuters
Want a super-paying job? Become a hedge fund or commodity fund manager. They're the people who shuffle around billions of investment dollars and get fat paychecks. One fund manager, George Soros, took home at least $1.1 billion last year, says Financial World magazine, a business publication.
OPINION
January 28, 2010 | By Stephen R. Weissman
Media coverage and commentary have vastly overstated the likely impact on federal election campaigns of the Supreme Court's Citizens United decision, which ruled that corporations have the same right to free speech as individuals. It has also obscured the extent to which members of Congress from both parties had previously opened the door for corporate and union financing in federal campaigns. As associate director for policy of the Campaign Finance Institute from 2002-09, I wrote a number of studies showing the rise of corporate and union spending, via tax-exempt organizations, in federal elections.
BUSINESS
July 3, 1992 | Associated Press
Financial World magazine said Wall Street's 100 top earners suffered a "new austerity" in 1991 that led to their median earnings falling to $9 million from $15 million in 1988. Heading 1991's list was George Soros of Soros Fund Management, who earned $117 million. A notable addition to the 1991 list was Michael Ovitz, Hollywood's premier talent agent, whose $40 million in earnings gave him the No. 9 position.
BUSINESS
February 1, 1994 | From Associated Press
GE Capital Corp. and the fund group headed by George Soros, the Wall Street billionaire and philanthropist, are joining forces to invest in electric power plants in developing countries, the two sides announced Monday. The new Global Power Investments will raise at least $2.5 billion and invest it in building or running privately owned power plants, the partners said. The fund will initially focus on Mexico and Asia, particularly China, India and Indonesia.
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