ceecbfcbddebcbfa

Patricia Garner

Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.

More From Patricia Garner

  • uploads///YouTube Net US Video Ad Revenues
    Earnings Report

    Yahoo Coins the Term MaVeNS, Its Key Revenue Growth Driver

    In 2015, Yahoo’s management expects that MaVeNS will contribute more than $1.5 billion of revenue to Yahoo’s overall business.

    By Patricia Garner
  • uploads///Twitter stock chart
    Earnings Report

    Twitter stock (TWTR) is up after CEO promises new features

    Twitter’s (TWTR) stock was up 7.45% after Twitter’s CEO’s presentation at Analyst Day on November 12, 2014. Twitter’s investors like what they heard.

    By Patricia Garner
  • uploads///nfx
    Fund Managers

    Balyasny exits position in Newfield Exploration Co.

    BAM exited its position in Newfield Exploration Co. in 3Q14. It accounted for 1.31% of BAM’s second quarter portfolio. NFX is an energy company.

    By Patricia Garner
  • uploads///eCommerce conversion rates fro social networks
    Earnings Report

    Facebook introduces new features to improve e-commerce conversion

    Facebook has been looking to diversify its business from online advertisements to e-commerce. E-commerce is a fast-growing market that Facebook should tap.

    By Patricia Garner
  • uploads///CBS
    Fund Managers

    CBS gets position with Davidson Kempner

    Davidson Kempner Capital Management initiated a new position in CBS Corporation (CBS) that accounted for 1.55% of the fund’s 3Q14 portfolio.

    By Patricia Garner
  • uploads///Priceline Revenues
    Fund Managers

    Highlights of Priceline Group’s Performance in 4Q14

    For 4Q14, Priceline Group recorded bookings of $10.7 billion—up 17% YoY. Room nights booked grew by 24% and rental car days grew by 16%.

    By Patricia Garner
  • uploads///alliancedata
    Fund Managers

    Blue Harbour Opens New Position in Alliance Data Systems

    Blue Harbour initiated a new position in Alliance Data Systems (ADS) in 4Q14. It bought 1,153,390 shares worth $43 million. ADS accounts for 1.41% of the fund’s portfolio.

    By Patricia Garner
  • Healthcare

    Farallon Capital adds a new position in Covidien

    Ireland-based Covidien is a global healthcare leader that offers innovative medical technology solutions and patient care products to providers.

    By Patricia Garner
  • uploads///Internet core search market share
    Earnings Report

    Why Facebook stopped using Bing for its web search results

    The company has now stopped including results from Microsoft’s Bing search engine through the Facebook search.

    By Patricia Garner
  • Consumer

    JAT Capital raises its position in Apple

    Activist investor Carl Icahn said that Apple’s stock is dramatically undervalued and is actually trading at half its intrinsic value. He believes that Apple’s stock should be trading at around $203.

    By Patricia Garner
  • Financials

    JAT Capital ups its position in Yahoo

    Yahoo! Inc. is a global technology company that provides a variety of products and services. Recently, Yahoo shares climbed higher on third-quarter earnings and revenue that beat analyst estimates.

    By Patricia Garner
  • uploads///MLM
    Fund Managers

    Maverick Capital Sells Its Position in Martin Marietta Materials

    MLM’s 4Q14 net sales were up 59% to $779.5 million, compared with net sales of $491.4 million in 4Q13. It beat its 4Q14 revenue estimates by $84 million.

    By Patricia Garner
  • uploads///Brightroll ranking
    Earnings Report

    Yahoo’s Acquisition of BrightRoll: A Boon for the Company

    In December, Yahoo acquired BrightRoll for $640 million. The acquisition of BrightRoll put Yahoo in a leadership position in the video advertising industry.

    By Patricia Garner
  • uploads///part
    Fund Managers

    JAT Capital’s Position in Twitter Unchanged in 1Q15

    There were about 25 hedge funds with Twitter in their top ten holdings in the first quarter. A total of 177 hedge funds also added to their positions in TWTR.

    By Patricia Garner
  • uploads///percentage of revenue from mobile
    Earnings Report

    Mobile Search Is a Key Growth Driver for Yahoo

    Mobile search monetizes at a lower rate than PC search due to the smaller screen sizes of mobile devices.

    By Patricia Garner
  • Financials

    Moore Capital lowers its stakes in JPMorgan Chase

    JPMorgan’s latest 2Q14 results beat estimates. Meanwhile, net income was down to $6 billion from $6.5 billion in 2Q13. The earnings per share (or EPS) was $1.46, compared to $1.60 in 2Q13.

    By Patricia Garner
  • uploads///part
    Fund Managers

    JAT Capital Initiates a New Position in Time Warner Cable in 1Q15

    The rationale for investing in Time Warner Cable could involve its growing subscriber base, which was lagging until last quarter, and the speculation over a deal with Charter Communications.

    By Patricia Garner
  • uploads///geon
    Real Estate

    Why AQR Capital exits its position in Geo Group Inc.

    AQR Capital sold a position in GEO Group Inc. in 2Q14. The company accounted for a 0.0206% position in the fund’s first quarter U.S. long portfolio.

    By Patricia Garner
  • Consumer

    Farallon Capital exits its position in Time Warner Cable

    In February, Comcast agreed to buy Time Warner Cable for ~$45.2 billion. This deal will create the largest cable provider in the U.S.

    By Patricia Garner
  • uploads///e commerce shipping cost issues
    Earnings Report

    Why eBay is not interested in same-day delivery

    eBay isn’t focused on same-day delivery. The company believes the majority of shoppers don’t like paying shipping costs associated with same-day delivery.

    By Patricia Garner
  • uploads///ALSN
    Fund Managers

    Maverick Capital Decreases Position in Allison Transmission

    Allison Transmission and its subsidiaries design and manufacture commercial and defense fully automatic transmissions. In 4Q14, net sales grew 11% to $544 million.

    By Patricia Garner
  • uploads///FB YoY revenue growth rate
    Earnings Report

    Facebook’s Q4 2014 earnings: Expect revenue growth and more

    Facebook (FB) is expected to announce its Q4 2014 earnings on January 28, 2015. In this series, we’ll analyze how the last quarter of 2014 could turn out.

    By Patricia Garner
  • uploads///CTR
    Consumer

    Key takeaways from the online advertising industry

    The online advertising industry is growing at a much faster pace. This is an exciting opportunity for advertisers and marketers around the world.

    By Patricia Garner
  • uploads///Facebook WhatsApp users
    Earnings Report

    Facebook’s WhatsApp crosses the 700 million active users mark

    According to WhatsApp CEO Jan Koum, WhatsApp crossed the 700 million monthly active users (or MAUs) mark globally in January 2015.

    By Patricia Garner
  • uploads///Internet video ad properties ranking
    Earnings Report

    Yahoo completed the acquisition of BrightRoll

    On December 15, 2014, Yahoo completed the acquisition of BrightRoll for ~$640 million in cash. It’s the industry’s leading programmatic video advertising platform.

    By Patricia Garner
  • uploads///part
    Fund Managers

    Renaissance Invested in Gold and Silver Mining Stocks in 1Q15

    The investment in silver mining stocks appears to be based on the view that the stocks could outperform the market. This is due to a rise in consumer demand for silver.

    By Patricia Garner
  • uploads///part
    Company & Industry Overviews

    Programmatic buying brings in the new era in online advertising

    Programmatic buying allows advertisers to purchase digital media ad space in an automated manner through ad exchanges, real time bidding, and demand-side platforms.

    By Patricia Garner
  • uploads///Internet native ad spending
    Earnings Report

    Why display advertising is still a challenge for Yahoo

    Yahoo’s other area of core business is the display advertising business. It hasn’t been performing well. In 3Q14, its revenue declined by 6% YoY.

    By Patricia Garner
  • uploads///Yahoo tumblr user growth
    Earnings Report

    Yahoo’s Tumblr Outshines Instagram in User Growth

    Yahoo plans to make Tumblr similar to YouTube and is trying to convince some of Google’s top YouTube stars to make Tumblr their exclusive video distributor.

    By Patricia Garner
  • uploads///part
    Fund Managers

    Zulily’s Stock Surged as Alibaba Bought a Stake in the Company

    On May 8, Alibaba Group (BABA) bought 4.8 million class A shares of Zulily (ZU) worth approximately $58 million.

    By Patricia Garner
  • uploads///Ad mobile internet spending and growth rates
    Earnings Report

    Facebook’s Audience Network efforts are paying off

    Facebook (FB) launched its Audience Network program early last year in beta. Facebook said that it’s looking to partner with more publishers.

    By Patricia Garner
  • Fund Managers

    Coatue Management adds position in eBay

    In 3Q14, Coatue Management added to its position in eBay Inc. (EBAY). The stock accounted for 3.37% of the fund’s portfolio for the quarter.

    By Patricia Garner
  • uploads///traditional
    Company & Industry Overviews

    Online advertising will outpace traditional advertising

    Industry analysts expect online advertising to increase by 17% in 2014, as improving technology makes Internet advertising cheaper and more effective.

    By Patricia Garner
  • uploads///AAL
    Financials

    Magnetar decreases stakes in American Airlines

    Magnetar reduced its position in AAL in the third quarter. The position accounts for 1.17% of the fund’s total portfolio in the third quarter.

    By Patricia Garner
  • uploads///Mobile Internet Traffic share
    Earnings Report

    Facebook tries to grab some of YouTube’s video ad share

    Facebook’s (FB) direct video uploads and autoplay video ads are garnering lot of attention from viewers as well as advertisers.

    By Patricia Garner
  • uploads///baba
    Fund Managers

    Magnetar Capital’s new position in Alibaba Group

    Magnetar started a new position in BABA in 3Q14. The position accounts for 4.05% of the fund’s total portfolio in the third quarter. BABA is the largest e-commerce player in China.

    By Patricia Garner
  • uploads///Facebook ad price growth rate
    Earnings Report

    Why Facebook’s ad price rapidly increased in the fourth quarter

    Facebook’s average ad price increased rapidly in 4Q14 mainly because of ad redesign, improved ad targeting, and the launch of accurate measurement tools.

    By Patricia Garner
  • uploads///Internet search market dec
    Earnings Report

    Yahoo-Mozilla Deal Expands Yahoo’s Search Business

    The Yahoo-Mozilla deal is driving millions of queries to Yahoo each month, which will boost Yahoo’s search-related ad revenue in coming quarters.

    By Patricia Garner
  • uploads///Smartphone Apps Reach in US
    Earnings Report

    Tumblr helped Yahoo increase its user engagement

    User engagement is an important parameter for Internet companies. It helps drive ad pricing. Tumblr is helping Yahoo increase its user engagement.

    By Patricia Garner
  • uploads///Leverage
    Company & Industry Overviews

    How search advertising helps companies promote business online

    Search advertising includes getting traffic through unpaid organic search or free listings and buying traffic through paid search listings.

    By Patricia Garner
  • uploads///part
    Company & Industry Overviews

    Has mobile advertising reached saturation?

    Mobile advertising is a type of advertising that involves communicating promotional or advertising messages. The messages are sent through mobile phones or wireless networks.

    By Patricia Garner
  • uploads///Ad mobile internet revenue share_
    Earnings Report

    Mobile advertising revenue fueled Yahoo’s growth rate

    Yahoo (YHOO) increased the growth rate in its mobile advertising business. By the end of 2014 it will start getting more traffic from mobile than desktop.

    By Patricia Garner
  • uploads///Internet top mobile messenger apps
    Earnings Report

    Facebook plans to monetize WhatsApp’s large user base

    Facebook’s Mark Zuckerberg is often questioned about Facebook’s high-priced acquisition of WhatsApp, which generated revenue of only $20 million in 2013.

    By Patricia Garner
  • uploads///HBbuysell
    Consumer

    Overview: Highbridge Capital Management’s 2Q14 positions

    Highbridge Capital Management is an alternative investment management organization. It was founded in 1992. The company has developed a diversified investment platform.

    By Patricia Garner
  • Financials

    Why hedge funds show interest in Japanese ETFs

    DXJ tracks the performance of the WisdomTree Japan Hedged Equity Index. The Index and the fund are designed to provide exposure to equity securities in Japan.

    By Patricia Garner
  • uploads///Internet yahoo revenue ex TACQ
    Earnings Report

    An overview of what to expect from Yahoo’s 4Q14 earnings

    Yahoo (YHOO) is expected to announce its fiscal 4Q14 earnings on January 27, 2015. Yahoo had robust third quarter results. Its revenue was $1.09 billion.

    By Patricia Garner
  • uploads///Advertising US Mobile Search
    Earnings Report

    Gemini helped Yahoo leverage growth in the mobile search market

    Gemini is a platform that combines mobile search and native advertising. It helps advertisers manage and optimize their ads.

    By Patricia Garner
  • uploads///Ad mobile internet revenue share_
    Earnings Report

    For Facebook, mobile use is an important revenue driver

    Mobile devices are an important revenue driver for Facebook.

    By Patricia Garner
  • uploads///eBayEPS
    Fund Managers

    Coatue Management Eliminates Its Position in eBay

    In 4Q14, Coatue Management sold its position in eBay (EBAY). Coatue sold 5,820,987 shares of eBay. It represented 3.37% of the fund’s 3Q14 portfolio.

    By Patricia Garner
  • uploads///ecommerce revenue growth rate
    Earnings Report

    Key Takeaways for Investors from Alibaba’s 4Q14 Results

    Investors were disappointed with Alibaba’s 4Q14 results, and the company saw a 10% decline in its value the day it announced its earnings.

    By Patricia Garner
  • uploads///NRF
    Fund Managers

    Maverick Capital Extends Its Position in Northstar Realty Finance

    Maverick Capital increased its position in Northstar Realty Finance (NRF) by more than $21 million in stock. Northstar represented 1.06% of the fund’s total portfolio in 4Q14.

    By Patricia Garner
  • uploads///Smartphone US app reach
    Macroeconomic Analysis

    User Engagement Drives Facebook’s Ad Pricing

    Increased user engagement is one reason Facebook’s ad pricing has increased. Average price per ad has increased due to its redesigned right-hand column ads.

    By Patricia Garner
  • Real Estate

    Why AQR Capital increased its position in Apple in 2Q14

    AQR Capital increased its position in Apple from 0.86% in the previous quarter to 1.24% in the fund’s second quarter U.S. long portfolio.

    By Patricia Garner
  • uploads///eCommerce US retail sales by product category
    Earnings Report

    eBay management strategies for 2015

    After the separation of eBay and PayPal, eBay management plans to pursue an IPO (initial public offering) or sale of eBay Enterprise.

    By Patricia Garner
  • uploads///Mobile ad revenue share
    Earnings Report

    Flurry Provides Useful Mobile Insights to Yahoo’s Advertisers

    During the earnings conference call, Yahoo’s management said that in 2014, more than 600,000 applications were integrated with the Flurry software development kit.

    By Patricia Garner
  • uploads///Internet core search market share
    Earnings Report

    Yahoo Is Looking to Increase User Engagement on Yahoo Mail

    In addition to its partnership with Paperless Post, Yahoo (YHOO) also launched contact cards in Yahoo Mail to increase user engagement.

    By Patricia Garner
  • uploads///Internet native ad spending
    Earnings Report

    Yahoo’s Price per Ad Continues to Fall in Fourth Quarter

    Yahoo’s price per ad decreased about 20% in 4Q14 compared to 24% in 3Q14, mainly due to a shift from higher priced premium inventory to native ads.

    By Patricia Garner
  • uploads///Mobile payment transaction value
    Earnings Report

    Braintree drives growth, gains new merchants for eBay

    Braintree is growing rapidly, helping PayPal extend its reach in the mobile payment market.

    By Patricia Garner
  • uploads///Internet search market dec
    Earnings Report

    Will Yahoo’s Firefox deal grow its mobile search market share?

    Yahoo’s mobile search business continues to increase at a fast rate. It shows that the company’s investments in mobile are finally paying dividends.

    By Patricia Garner
  • uploads///kkr
    Consumer

    Chilton sells position in Kohlberg Kravis Roberts

    By acquiring KKR Financial Holdings, KKR increased the scale and liquidity of its balance sheet and added over $2 billion in net assets to support the continued growth of its business.

    By Patricia Garner
  • uploads///Twitter DM image
    Earnings Report

    Will Twitter’s (TWTR) new private group chat upgrade pay off?

    Twitter (TWTR) upgraded its direct messaging tool by allowing users to have private group chats with as many as 20 other friends or strangers who follow them.

    By Patricia Garner
  • uploads///ebay operating margin
    Earnings Report

    Why did eBay’s operating margins continue to decline in 4Q14?

    eBay’s non-GAAP operating margins declined from 29.2% in 4Q13 to 27.7% in 4Q14. eBay still hasn’t recovered from the events that caused the decline.

    By Patricia Garner
  • uploads///ad exchange
    Company & Industry Overviews

    How do ad exchanges add value to advertisers and publishers?

    Ad exchanges help advertisers reach the most accurate audience in real time, so that they can maximize their campaign performance.

    By Patricia Garner
  • Consumer

    Farallon Capital raises its position in Safeway

    On March 6, 2014, grocery store operators Safeway and Albertsons announced a merger agreement valued at approximately $9 billion.

    By Patricia Garner
  • uploads///mcd
    Fund Managers

    Chilton increases position in McDonald’s

    Chilton Investment Company increased its position in McDonald’s. It accounts for 0.96% of the fund’s third quarter US long portfolio. MCD is a fast food restaurant.

    By Patricia Garner
  • uploads///part
    Fund Managers

    Mackenzie Financial Invested >$260 Million in Gold Mining in 1Q15

    In the first quarter of 2015, Mackenzie Financial added a new position in Newmont Mining (NEM).

    By Patricia Garner
  • uploads///buysell
    Basic Materials

    Overview: TPG-Axon Capital Management’s 2Q14 positions

    TPG-Axon Capital Management LP is a privately owned $4 billion hedge fund firm. It was founded by Dinakar Singh in February 2005.

    By Patricia Garner
  • uploads///Internet social sites ranked by engagement numbers
    Earnings Report

    Facebook’s slow user growth isn’t a concern

    Despite the slow user growth, Facebook continues to be the leading social network in terms of monthly active users.

    By Patricia Garner
  • uploads///PCLNPART
    Fund Managers

    Eton Park Initiates a New Position in Priceline Group in 4Q14

    In 4Q14, around 112 hedge funds created a new position in Priceline Group—including Eton Park. Its other top new positions were CDK Global, EQT, and KLX.

    By Patricia Garner
  • uploads///novartis
    Fund Managers

    Maverick Capital Increases Stake in Novartis

    Maverick Capital increased its position in Novartis (NVS) by more than $22 million in stock. It represented 0.75% of the fund’s total portfolio in 4Q14.

    By Patricia Garner
  • uploads///ctrp
    Consumer

    JAT Capital opens new position in Ctrip.com

    Ctrip.com International, Ltd., or Ctrip, is a leading travel service provider of accommodation reservations, transportation ticketing, packaged tours, and corporate travel management in China.

    By Patricia Garner
  • uploads///Twitter search query
    Earnings Report

    Twitter has big plans for its archive of every tweet since 2006

    In November 2014, on Twitter’s (TWTR) engineering blog, the company posted that it indexes every public tweet since 2006.

    By Patricia Garner
  • uploads///tdg
    Fund Managers

    Maverick Capital reduces position in TransDigm Group

    Maverick Capital lowered its position in TransDigm Group in 3Q14. The position accounts for 4.19% of the fund’s total portfolio in the third quarter.

    By Patricia Garner
  • uploads///fotolia
    Fund Managers

    Maverick Capital Reduces Stake in Adobe Systems

    Adobe Systems is one of the largest and most diversified software companies in the world. 4Q14 revenue grew 3% year-over-year to $1.073 billion.

    By Patricia Garner
  • uploads///alle
    Consumer

    Trian Fund lowers its position in Allegion

    Allegion provides security solutions for homes and businesses, employing more than 8,000 people and selling products in more than 120 countries across the world. Allegion reported third-quarter 2014 net revenues of $546.7 million, up 3.3% compared to the previous year.

    By Patricia Garner
  • uploads///toph
    Financials

    Key overview of Marcato Capital’s 3Q14 position

    Marcato manages a select number of passive and activist investments across all industries with a primary focus on opportunities in middle-market public equities. At the end of 3Q14, the fund’s U.S. long portfolio was worth $2.81 billion, slightly up from $1.89 billion in 2Q14.

    By Patricia Garner
  • uploads///Boardwalk
    Tech & Comm Services

    Magnetar Capital exits position in Boardwalk Pipeline Partners

    Boardwalk Pipeline owns ~14,000 miles of natural gas and natural gas liquids (NGL) pipelines, as well as underground caverns for natural gas and NGL storage.

    By Patricia Garner
  • Tech & Comm Services

    Why Bridgewater increased its position in Juniper Networks

    Bridgewater Associates increased its position in Juniper Networks from 0.07% in the 1Q portfolio to 0.21% in the fund’s 2Q portfolio.

    By Patricia Garner
  • uploads///Browser US Market Share
    Earnings Report

    Yahoo’s strategic partnership with Mozilla

    On November 19, 2014, Mozilla entered into a five-year strategic partnership with Yahoo (YHOO). It made Yahoo the default search engine for Firefox users in the US.

    By Patricia Garner
  • uploads///vips
    Consumer

    JAT Capital sells its position in Vipshop Holdings

    According to a Bloomberg report in March, Vipshop’s Guangzhou-based share price doubled this year after surging 369% in 2013. This was the biggest advance on the Bloomberg China-U.S. Equity Index.

    By Patricia Garner
  • uploads///code
    Financials

    Chilton Investment Company sells its position in Spansion in 2Q14

    Chilton Investment Company sold its position in Spansion (CODE) that had accounted for 1.16% of the fund’s 1Q U.S. long portfolio.

    By Patricia Garner
  • uploads///dnow
    Financials

    Must-know: Chilton initiates a new position in Now Inc.

    Now’s U.S. revenues fell due to the company’s central U.S. pipe yard relocation, reduced project revenues, and the implementation of a new quoting system.

    By Patricia Garner
  • Consumer

    Farallon Capital establishes a new position in Hillshire Brands

    Hillshire reported fiscal 4Q14 net sales of $1.1 billion, up 10.7% in comparison to the corresponding period last year.

    By Patricia Garner
  • uploads///topholding
    Fund Managers

    Highlights of Maverick Capital’s Top Sold-Out Positions

    Founded in October 1993 by Lee S. Ainslie III and Sam Wyly with assets of $38 million, Maverick Capital is currently worth more than $6 billion.

    By Patricia Garner
  • uploads///lvlt
    Fund Managers

    Coatue Management adds new position in Level 3 Communications

    Coatue Management added a new position in Level 3 Communications Inc. (LVLT) during the third quarter. The stock accounted for 1.46% of the fund’s 3Q14 portfolio.

    By Patricia Garner
  • uploads///google search ad revenue growth rate
    Company & Industry Overviews

    Google Continues to Be the Search Ad Market’s Dominant Player

    Google maintained growth rates of 17%–18% over the last couple of years. It should be able to manage a healthy growth rate in 2015 as well.

    By Patricia Garner
  • uploads///Facebook monthly active users for each business
    Earnings Report

    Facebook plans to introduce a voice-to-text feature on Messenger

    Facebook’s (FB) Messenger already offers a feature that let people send voice clips to their friends without having to type out the text.

    By Patricia Garner
  • uploads///part
    Company & Industry Overviews

    The evolution of online advertising

    Since its inception in the early 90’s, online advertising has exponentially increased in growth.

    By Patricia Garner
  • uploads///BIDU
    Consumer

    Maverick Capital lowers position in Baidu, Inc.

    Maverick Capital lowered its position in Baidu, Inc. in 3Q14. The position accounts for 0.36% of the fund’s total portfolio in the third quarter.

    By Patricia Garner
  • uploads///psx
    Energy & Utilities

    Phillips 66 no longer part of Iridian

    Iridian exited its position in Philips 66 (PSX), which accounts for 3.20% of the fund’s third quarter portfolio.

    By Patricia Garner
  • Consumer

    Avis Budget Group gets lower position with Iridian

    Iridian lowered its position in Avis Budget Group, Inc. (CAR), which now accounts for 2.46% of the fund’s third-quarter portfolio.

    By Patricia Garner
  • uploads///tyc
    Consumer

    Sale of position in Tyco affects Iridian’s portfolio

    Iridian sold its position in Tyco International Ltd. (TYC), which accounts for 1.90% of the fund’s second quarter portfolio.

    By Patricia Garner
  • uploads///car
    Consumer

    Avis stock accounts for 5.84% of Marcato Capital portfolio

    Marcato Capital added to its position in Avis Budget Group (CAR) . The stock accounted for 5.84% of the fund’s portfolio for the quarter ending in September.

    By Patricia Garner
  • uploads///lea
    Consumer

    Lear stock accounts for 11% of Marcato portfolio

    Marcato Capital added to its position in Lear corporation (LEA) during 3Q14. The stock accounted for 11.13% of the fund’s portfolio for the quarter ending in September.

    By Patricia Garner
  • uploads///msg
    Consumer

    JAT Capital’s activist stake in Madison Square Garden

    In its latest amended filing to SEC, JAT Capital revealed it has an activist stake equal to 9.36% of the company’s shares outstanding. It upped its stake to 5.96 million shares, pushing the company’s management harder to consider strategic alternatives.

    By Patricia Garner
  • uploads///twtr
    Consumer

    JAT Capital adds to its position in Twitter

    Despite continued growth, Twitter is still a small player in the online advertising market. Twitter needs the support of as many advertisers as possible to become a major player in the digital advertising world.

    By Patricia Garner
  • uploads///zillow
    Financials

    JAT Capital starts a new position in Zillow

    Zillow, Inc. operates the leading real estate and home-related marketplaces on mobile and the Web. Zillow reported quarterly revenue of $88.6 million, up 66% over 3Q 2013.

    By Patricia Garner
  • uploads///mdlz
    Consumer

    Trian Fund adds position in Mondelez International

    Mondelez is a global snacking powerhouse and a world leader in biscuits, chocolate, gum, candy, coffee, and powdered beverages. It owns billion-dollar brands and reported net revenues of $8.4 billion.

    By Patricia Garner
  • uploads///wen
    Consumer

    Trian Fund raises stake in Wendy’s

    Consolidated revenues were $523.4 million in the second quarter of 2014, compared to $650.5 million in the second quarter of 2013. The 19.5% decrease came from loss of revenue resulting from the sale of 418 company-operated restaurants to franchisees.

    By Patricia Garner
  • uploads///IR
    Consumer

    Trian Fund reduces its stake in Ingersoll-Rand

    Ingersoll-Rand is a global diversified firm. The company’s reported revenues increased 5% to $3,385 million, beating estimates by 6%. It expects revenues for full-year 2014 to increase by approximately 4%.

    By Patricia Garner
    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.