Billionaire hedge fund manager David Einhorn informed investors on Tuesday that a sharp rally in Tesla Inc shares, which he bet against, turned into heavy second-quarter losses at his Greenlight …
David Einhorn
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Tesla Inc stated on Monday it plans to raise about $1.5 billion in a bond offering as the automaker looks to increase production of its newest electric sedan, the Model …
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Billionaire financier David Einhorn, who has been harmed by his bet against Tesla Inc, stated on that the automaker is over-valued and that the business is not sufficiently capitalized. “The …
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General Motors shareholders today elected all of the company’s board nominees, overwhelmingly turning down a slate proposed by hedge fund Greenlight Capital and handing a significant defeat to billionaire investor …
- General Motors
General Motors shareholders to decide Tuesday on Greenlight stock plan
by SpeedLuxby SpeedLuxGreenlight Capital’s strategy to split up General Motors’ stock, along with its obstacle to the company’s board of directors, will decide on Tuesday, as the automaker’s shareholders cast their votes …
- General Motors
Glass Lewis backs General Motor’s board nominees, opposes Greenlight’s proposal
by SpeedLuxby SpeedLuxGeneral Motors stated on Friday proxy adviser Glass Lewis & Co LLC advised shareholders to vote GM’s board nominees and against Greenlight Capital’s proposal at the business’s yearly shareholder meeting …
- General Motors
General Motors tried to undermine dual-share plan, says Greenlight
by SpeedLuxby SpeedLuxGreenlight Capital intensified its battle against General Motors, publishing credit ratings documents that it said the car manufacturer inappropriately changed to weaken the hedge fund’s proposal to produce two classes …
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Hedge fund manager David Einhorn stated that investors are charmed by Tesla Inc CEO Elon Musk, enhancing the stock by 30 percent in the first quarter, despite the fact that …
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Greenlight Capital selected three directors to General Motors board on Wednesday and alleged the company of misrepresenting to rating firms the prominent hedge fund’s proposal to divide the car manufacturer’s …
- General Motors
General Motors share plan would preserve automaker’s cash, says David Einhorn
by SpeedLuxby SpeedLuxHedge fund manager David Einhorn informed Reuters that a major concern in his proxy fight with General Motors is the automaker’s disregard to allow credit rating agencies to officially rate …
