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Halvorsen's Investment Makes Broadcom His Fifth-Most Valuable Stake

2015-12-06 22:15:11| Chemicals - Topix.net

Health care stocks have the highest weighting 30% in Andreas Halvorsen 's portfolio so it shouldn't be a surprise that many of his largest transactions in the third quarter involved health care-related stocks, but his largest deal of the quarter belongs more properly to the second-highest weighted sector in his portfolio, Technology. Halvorsen's most noteworthy third-quarter transaction was the purchase of a 23,568,995-share stake in Broadcom Corp. , an Irvine, California-based semiconductor company, for an average price of $51.45 per share.

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Icahn Declares a 12% Stake in Pep Boys, Plots Takeover by Auto Plus

2015-12-06 21:55:41| Auto Parts - Topix.net

Billionaire activist investor Carl Icahn disclosed a new 12.1 percent stake in The Pep Boys - Manny Moe & Jack and said the auto parts and maintenance chain's retail business should be acquired by Auto Plus - a competitor he controls. Icahn believes Pep Boys' "retail automotive parts segment presents an excellent synergistic acquisition opportunity for Auto Plus, a leading automotive aftermarket company wholly owned by" Icahn Enterprises LP, according to a 13D regulatory filing Friday.

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Halvorsen's Investment Makes Broadcom His Fifth-Most Valuable Stake

2015-12-06 15:47:19| Semiconductors - Topix.net

Health care stocks have the highest weighting 30% in Andreas Halvorsen 's portfolio so it shouldn't be a surprise that many of his largest transactions in the third quarter involved health care-related stocks, but his largest deal of the quarter belongs more properly to the second-highest weighted sector in his portfolio, Technology. Halvorsen's most noteworthy third-quarter transaction was the purchase of a 23,568,995-share stake in Broadcom Corp. , an Irvine, California-based semiconductor company, for an average price of $51.45 per share.

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Icahn Takes 12% Stake in Pep Boys, Sees Fit for Rival

2015-12-05 14:49:39| Industrial Machines - Topix.net

Billionaire investor Carl Icahn reported on Friday that he now owns 12.12% of auto parts company Pep Boys-Manny, Moe & Jack, which agreed to sell itself to Bridgestone in October, and said its retail automotive parts segment would be a perfect fit for rival Auto Plus. Icahn began buying the shares in late November and now owns 6.55 million shares, making him the second largest owner after Mario Gabelli's Gabelli Funds, a regulatory filing shows.

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Icahn Takes 12% Stake in Pep Boys, Sees Fit for Rival

2015-12-05 01:39:47| Auto Parts - Topix.net

Billionaire investor Carl Icahn reported on Friday that he now owns 12.12% of auto parts company Pep Boys-Manny, Moe & Jack, which agreed to sell itself to Bridgestone in October, and said its retail automotive parts segment would be a perfect fit for rival Auto Plus. Icahn began buying the shares in late November and now owns 6.55 million shares, making him the second largest owner after Mario Gabelli's Gabelli Funds, a regulatory filing shows.

Tags: takes fit boys sees

 

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