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Tag: 3rdquarter
Berkowitz's 3rd-Quarter Reductions Have Big Impact on Portfolio
2015-12-30 01:16:20| Paper - Topix.net
Bruce Berkowitz of Fairholme Capital Management made some big buys in the third quarter and comparatively fewer reductions, but his top two reductions were his largest transactions in terms of the impact on his portfolio. Berkowitz's most significant third-quarter reduction was his sale of more than 96% of his stake in American International Group Inc. , a New York-based insurance and financial services company.
Tags: big
impact
portfolio
reductions
Murray Stahl's 3rd-Quarter Transactions Lean to Reductions
2015-11-26 19:16:12| Appliances - Topix.net
Murray Stahl , chairman of Horizon Asset Management Inc., takes a value approach to investing, a strategy that has produced double-digit returns for Horizon's investors. In the third quarter, though, Stahl's largest deals were reductions of his existing stakes.
Tags: transactions
murray
lean
reductions
Jim Chanos' Noteworthy 3rd-Quarter New Buys
2015-11-25 17:19:52| Toys - Topix.net
Jim Chanos is president and founder of Kynikos Associates LP, an investment adviser who is focused on short selling. He once observed, "One thing people always say is that 'I don't want to short because it can go to infinite.'
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buys
noteworthy
3rdquarter
Chevron, Exxon Report Plunging Profits in 3rd-Quarter Results
2015-11-02 16:29:00| Climate Ark Climate Change & Global Warming Newsfeed
New York Times: Exxon Mobil and Chevron reported plunging revenue and profits on Friday, but their fortunes would have been even worse had it not been for a boom in their refining and chemical businesses. Still, those gains were not enough to stanch further job losses at Chevron, which said it planned to cut up to 10 percent of its work force. Exxon Mobil, the largest American oil company, reported a profit for the third quarter of $4.2 billion compared with $8.1 billion a year earlier. The plunge came with a 37...
Tags: results
report
profits
exxon
Norfolk Southern reports 19% drop in 3rd-quarter profit
2015-10-30 00:30:49| Railroads - Topix.net
Net income for the Norfolk-based railroad totaled $452 million, or $1.49 a share, for the quarter that ended Sept. 30, down from $559 million, or $1.79 a share, in the third quarter of 2014.
Tags: reports
drop
southern
profit